Tesla faces growing pressure in China from BYD, WSJ reports

Tesla is facing growing pressure in China from BYD, the country’s top electric vehicle company, The Wall Street Journal reports in a video. BYD currently has several advantages over Tesla, including owning batteries and semi-conductors businesses on top of its auto business. BYD also has several cheaper electric vehicle options for customers, with some models selling for around $14,500. While BYD has been successful in China, the company has only recently began its global expansion and has yet to branch out to the U.S. Reference Link