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Updated Sept. 17, 2021 8:39 am ET / Original Sept. 17, 2021 6:38 am ET
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Tesla‘s Elon Musk heaped praise on China’s domestic electric-vehicle manufacturers Friday, calling the country’s auto makers “the most competitive in the world.”
The high-profile CEO lauded the growth potential of the Chinese market and highlighted innovations among Tesla’s rivals, in recorded remarks at the World New Energy Vehicle Congress in Haina, at a time when Tesla has come under pressure in China.