BYD and its rivals are crushing Tesla in China — and they're going global

https://www.businessinsider.com/byd-xpeng-china-ev-crushing-tesla-going-global-2025-2

> Elon Musk's automaker has come under increasing pressure in the world's largest car market from local EV giant BYD and its rivals, who are now competitive with the Model Y manufacturer on both price and technology.

> In January, BYD sold nearly double the number of EVs as Tesla, with the US carmaker's sales slumping by 11% from the previous year.