Thanks to Trump, Elon Musk’s Prophesy About Chinese EV Companies Might Come True

Chinese electric vehicle (EV) companies have emerged as a formidable competitor to Western automakers. Foreign automakers who lost ground to domestic companies in the Chinese markets are now witnessing Chinese EV companies grabbing market share in their home markets as well. Musk Has Praised Chinese EV Companies During Tesla’s Q4 2023 earnings call, CEO Elon Musk said, “The Chinese car companies are the most competitive car companies in the world. So, I think they will have significant success outside of ...