Chinese EVs deemed status symbols sold abroad via loophole – Uptrends
“If there are no trade barriers established, they will pretty much demolish most other car companies in the world,” Tesla CEO Elon Musk told investors last month. “They’re extremely good.” Tesla was recently overtaken by China’s BYD—backed by Warren Buffett’s Berkshire Hathaway—in global sales of electric vehicles. Some of the nicer electric vehicles made in … Read more