this post was submitted on 24 Jan 2026
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In 2011, Elon Musk was asked about chinese company BYD. He started laughing. In 2025, BYD sold more electric cars worldwide than Tesla (cdn.imgchest.com)
submitted 2 months ago* (last edited 2 months ago) by Wursi@lemmy.world to c/videos@lemmy.world
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You can't make this up.

https://www.bbc.com/news/articles/cj9rjwpvmpzo

https://www.cnbc.com/2026/01/02/chinas-byd-to-overtake-tesla-as-worlds-top-ev-seller-for-first-time.html

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[–] xylogx@lemmy.world 11 points 2 months ago (1 children)

This is not about Elon Musk or Tesla. The Chinese government has heavily subsidized EVs and related industries. They have to. Their dependence on oil is their greatest strategic weakness.

The US has backed off EV subsidies and continues to subsidize oil. See US actions in Venezuela.

[–] Mrkawfee@lemmy.world 1 points 2 months ago (1 children)

You're not wrong but dependence on oil is basically every country's strategic weakness.

[–] xylogx@lemmy.world 2 points 2 months ago

That is a fair point. China in particular is extraordinarily vulnerable due to how easy it is to cut off oil imports. China’s oil imports have to pass through the Strait of Malacca, a narrow corridor that is easily blocked.