China's BYD is bigger than Ford, GM, and VW combined. And now Tesla is in trouble.
(kdwalmsley.substack.com)
BYD is at least legit huge and expanding, because China is a huge market in itself and they are expanding to western markets.Tesla is (over)valutated based on hype, promises that never get delivered and straight up bullshit.
Though BYD needs to do something with their interiors. If that flies in China, it absolutely won't in Europe. All touch filled with gimmicks and gizmos is not that cool.