In recent developments, Stella Li, a BYD executive, has declared Tesla as a cooperative associate in the ever-evolving electrification of the transportation sector. BYD and Tesla, both significant players in this field, are seen as partners rather than competitors by Li.
She believes Tesla's remarkable contribution in popularizing and educating the masses about electric vehicles (EVs) is responsible for the booming global EV market. Li applauds Tesla for being an exceptional marketing leader, encouraging the automotive industry to adopt more sustainable technology.
To promote camaraderie over competition, Li insists that BYD looks at all EV manufacturers as partners, including Tesla. According to her, increased rivalry in the EV territory only aids the industry's growth.
This statement from BYD surfaces soon after it exceeded Tesla's performance in electric vehicle production in Q4 2023. Interestingly, Tesla's CEO, Elon Musk, has previously spoken highly of BYD's competitive products in the EV space. His commendatory words for BYD starkly differ from his recent disapproval of other automakers, such as Rivian and Lucid.
To explore this topic further, check out the comprehensive Yahoo Finance interview with Stella Li, BYD's Executive VP on their website. Additionally, visit Tesla's official website for insights into their market standing and BYD's website to learn more about their rise as an EV manufacturer.
Maverick is the call sign of Mobile Gnosis publisher and editor-in-chief, Matt De Reno. Have a tip, story idea, or news item to share? You can send him an email at