Part 1/7:
The Competitive Landscape of the Electric Vehicle Market: A Deep Dive into Tesla vs. BYD
The electric vehicle (EV) market is witnessing a seismic shift as significant players like Tesla and BYD grapple for dominance. Last year, Elon Musk raised alarms about the potential crisis facing American automakers, predicting that without stringent trade barriers and import restrictions against Chinese car manufacturers, traditional US automakers would find themselves in jeopardy. His predictions are increasingly becoming a reality.