Elon Musk Once Laughed At BYD, Here's What He Thinks Now

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Elon Musk Once Laughed At BYD, Here's What He Thinks Now
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In 2011 Musk burst out laughing during an interview when the reporter suggested BYD as a potential rival for Tesla in the EV space.

Elon Musk has made no secret of his admiration for Chinese electric vehicle makers and for the work ethic in the Asian country, especially after Tesla opened its first overseas vehicle assembly plant in Shanghai in late 2019.Tesla's CEO replied"some company out of China,""They work the hardest and they work the smartest. And so if I were to guess, probably some company out of China is the most likely to be second to Tesla," Musk said.

Chances are Musk was referring to BYD, China's leading EV maker, although his opinion of the Chinese company wasn't always positive.

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