According to Elon Musk, these brands are destroying all car manufacturers

Tesla is a powerhouse when it comes to electric driving. However, there is also significant competition from China. Elon Musk even says, “If trade barriers are not put in place, they will destroy virtually every other car brand in the world.” They are very good.”

By trade barriers, the CEO means import tariffs and restrictions. Elon Musk’s statements are not entirely unexpected. The Chinese superpower BYD has now overtaken Tesla in electric car sales.

According to Elon Musk, these are major competitors

The Tesla boss considers the Chinese car manufacturers to be extremely good and the strongest competitors in the world. No wonder, because some electric cars from the Far East are already superior to European models. Brands such as BYD, Xpeng and Nio, among others, therefore represent great competition for his company.

Only time will tell whether Elon Musk and his Tesla can become the best-selling EV brand again. For now, it cannot surpass BYD. In fact, he buys LFP batteries from BYD for the entry-level Model Y, the best-selling car in the Netherlands, for example.

A cheap Tesla

Maybe a new, affordable model can turn the tide. In any case, Elon Musk is working on an affordable model under the code name: “Redwood”. You can read more about this affordable Tesla here.