{"id":86976,"date":"2024-01-05T03:24:25","date_gmt":"2024-01-05T08:24:25","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=86976"},"modified":"2024-01-05T03:24:25","modified_gmt":"2024-01-05T08:24:25","slug":"musk-once-laughed-off-byd-as-a-threat-now-the-chinese-giant-has-taken-teslas-ev-crown","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/01\/2024\/musk-once-laughed-off-byd-as-a-threat-now-the-chinese-giant-has-taken-teslas-ev-crown.html","title":{"rendered":"Musk once laughed off BYD as a threat. Now the Chinese giant has taken Tesla\u2019s EV crown"},"content":{"rendered":"\n<p>(CNBC) <a href=\"https:\/\/www.cnbc.com\/elon-musk\/\">Elon Musk<\/a> dismissed <a href=\"https:\/\/www.cnbc.com\/quotes\/285-HK\/\">BYD<\/a> in 2011 by laughing at their products during a Bloomberg interview. \u201cHave you seen their car?\u201d Musk quipped. \u201cI don\u2019t think it\u2019s particularly attractive, the technology is not very strong. And BYD as a company has pretty severe problems in their home turf in China. I think their focus is, and rightly should be, on making sure they don\u2019t die in China.\u201d Instead, <a href=\"https:\/\/www.cnbc.com\/2024\/01\/02\/byd-produced-more-than-3-million-cars-in-2023-set-to-beat-tesla.html\">BYD dethroned Tesla<\/a> in the fourth quarter as the top EV maker, selling more battery-powered vehicles than its U.S. rival.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2024\/01\/05\/how-byd-grew-from-a-phone-battery-maker-to-ev-giant-taking-on-tesla.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) Elon Musk dismissed BYD in 2011 by laughing at their products during a Bloomberg interview. \u201cHave you seen their car?\u201d Musk quipped. \u201cI don\u2019t think it\u2019s particularly attractive, the technology is not very strong. And BYD as a company [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-86976","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/86976","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=86976"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/86976\/revisions"}],"predecessor-version":[{"id":86977,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/86976\/revisions\/86977"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=86976"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=86976"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=86976"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}