Elon Musk once scoffed at the notion that BYD could compete with his company. Now, the automaker run by billionaire Wang Chuanfu is poised to be the new No. 1 in electric vehicles.

Chinese Carmaker Overtakes Tesla as World’s Most Popular EV Maker::Elon Musk once scoffed at the notion that BYD could compete with his company. Now, the automaker run by billionaire Wang Chuanfu is poised to be the new No. 1 in electric vehicles.

  • Tosti@feddit.nlEnglish
    9·
    10 months ago

    Company is beholden to the Chinese government, apparently that is worse than beholden to a manchid and a group of ultrarich shareholders.

    • WhatAmLemmy@lemmy.worldEnglish
      4·
      10 months ago

      Rather ironically, BYD is probably closer to the “value investing” (realistic) value than most hyper-inflated western stocks, which completely decoupled from reality a long time ago…