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Tesla CEO Musk suffered the bitter fruit and admitted that BYD was extremely competitive

author:Self and dreams

Tesla's CEO, Elon Musk, was once the undisputed leader in electric vehicles, and his innovative spirit and business talent have made Tesla the world's most recognizable and popular electric car brand.

Tesla CEO Musk suffered the bitter fruit and admitted that BYD was extremely competitive

However, with the rapid development of China's electric vehicle market, Tesla faces more and more competitors, the most prominent of which is BYD.

BYD is one of China's largest new energy vehicle manufacturers and the world's second-largest manufacturer of pure electric vehicles.

BYD has self-developed core technologies such as blade batteries and e-platforms, and its product quality and performance have been continuously improved, which has been favored by consumers at home and abroad.

BYD occupied five of the top ten spots in global electric vehicle sales in the first quarter of this year, while Tesla had just two. BYD also performed well in the European market, becoming the best-selling Chinese brand in the region.

Tesla CEO Musk suffered the bitter fruit and admitted that BYD was extremely competitive

Musk used to mock BYD years ago, thinking it didn't have any good products.

But now, he has to acknowledge BYD's competitiveness and say he has a positive relationship with it.

This shows that Musk has an objective and fair evaluation of BYD, and also reflects his due qualities and demeanor as a successful entrepreneur.

Musk is also aware of the importance and potential of the Chinese market, where Tesla has built a gigafactory and used BYD's blade batteries.

This change in attitude is beneficial to both Tesla and BYD, it helps to promote cooperation and communication between the two companies, and also helps to promote the development and progress of the entire electric vehicle industry.

Tesla CEO Musk suffered the bitter fruit and admitted that BYD was extremely competitive

Tesla and BYD are both leaders in electric vehicles, each with their own strengths, competing and learning from each other.

If they can put aside prejudice and hostility and work together to provide better products and services to consumers, they will be the strongest partner in the field of electric vehicles.