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Tesla has fallen behind BYD in all global markets, as of January 2026. In 2011, Elon Musk found it quite amusing when he first heard about BYD…

Bloomberg
@business
12-27
In 2011, Elon Musk scoffed at the idea of BYD competing with Tesla in a Bloomberg TV interview. Now, the Chinese carmaker is set to become the world's No. 1 EV maker https://trib.al/Bv0UIk9
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