Byd sales executive stokes Elon Musk rivalry just ahead of Tesla earnings

Tesla, which is due to report results after the market close, is facing growing pressure from stalling global demand for EVs and needing to maintain margins.

A senior executive at Byd has stoked the Chinese automaker’s rivalry with Tesla warning Elon Musk that he’ll face challenges in intelligent driving systems.

Byd is “very strong now,” Zhao Changjiang, the head of sales for the firm’s Denza joint venture with Mercedes-Benz wrote on Chinese social media platform Weibo, saying he was responding to a comment made online earlier this month.