Tesla CEO Elon Musk speaks at a delivery ceremony for Tesla China-made Model 3 in Shanghai, east China, Jan. 7, 2020.
Ding Ting | Xinhua News Agency | Getty Images
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.
related investing news

Tesla’s biggest rival in China right now is Warren Buffett-backed automaker BYD. Last year, BYD sold 911,140 battery electric vehicles globally and a total of 1.8 million vehicles, when factoring in plug-in hybrids. Tesla delivered 1.31 million cars in total in 2022.
Musk answered a question about the competitive landscape for…