Elon Musk says Chinese EV companies will 'demolish' competition without tariffs

Tesla CEO Elon Musk on Wednesday warned that Chinese automakers will "demolish" their global competition without tariffs or other trade barriers. His comments come after Chinese electric car company BYD, which makes cheaper cars and is backed by Berkshire-Hathaway, surpassed Tesla as the top-selling EV company last quarter.Chinese automakers were the "most competitive" and "will have significant success outside of China, depending on what kind of tariffs or trade barriers are established," Musk told investo ...