Elon Musk’s politicking damages his electric vehicle brand, but the underlying problem is its relatively old line-up of models, even as Chinese competitors change the game.
Sometimes a chart is just a chart. Sometimes, when you’re looking at Tesla and BYD in early 2025, it’s a striking squiggly metaphor.
Tesla, the biggest US electric vehicle maker, has shocked the world this year with its overt politicisation and slumping sales and share price. BYD, its great Chinese rival, just shocked the world by announcing its newest model can recharge in five minutes.
