Who is Tesla’s number one competitor?
Byd, a main tesla competitor, leads in global ev sales but doesn’t enter the u. s. ford plans a $30,000 ev by 2027, while aiming for 50% of sales to be evs or hybrids by 2030. Elon musk once mocked china’s byd, calling its cars “not particularly attractive” and its technology weak. But more than a decade later, byd has turned the tables. In 2024, byd’s revenue hit $107 billion, surpassing tesla‘s $97.