The ascent of the Berkshire Hathaway-backed manufacturer has drawn the attention of Musk, who tweeted last month about a Bloomberg TV clip showing him laughing dismissively about BYD’s vehicles in 2011.
“That was many years ago,” Musk wrote. “Their cars are highly competitive these days.”
Price tweaks
Tesla’s discounting dates back to late last year, when inflation and rising interest rates started to weigh on consumers. The company slashed prices first in China, then in…
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