KEY POINTS
  • Elon Musk said that a Chinese automaker is likely to be the closest competitor to Tesla, while stressing the company is "winning in China" right now.
  • Tesla has a number of challengers in China in the electric vehicle space, including a slew of start-ups such as Nio, Xpeng and Li Auto. Its biggest rival in China right now is BYD.
  • "We have a lot of respect for the car companies in China. They are the most competitive in the world ... they work the hardest and they work the smartest," Musk said on the Tesla earnings call.

In this article

Tesla CEO Elon Musk speaks at a delivery ceremony for Tesla China-made Model 3 in Shanghai, east China, Jan. 7, 2020.

Elon Musk said that a Chinese automaker is likely to be the closest competitor to Tesla, while stressing the company is "winning in China" right now.

Tesla has a number of challengers in China in the electric vehicle space, including a slew of start-ups such as Nio, Xpeng and Li Auto.

In this article