> “China had a plan when they let Tesla have a fully owned factory. They wanted the technology and the knowledge and experience. With that came a risk China wou

> “China had a plan when they let Tesla have a fully owned factory. They wanted the technology and the knowledge and experience. With that came a risk China would take that technology and build better stuff,” said shareholder Ross Gerber, CEO of Gerber Kawasaki Wealth and Investment Management. “That’s exactly what they’re doing. Now they’ve got really competitive vehicles, really competitive technology and the vehicles are cheaper.” They seem to allege that BYD somehow mushroomed on the Tesla secret sauce. But really? It seems to surpass it on all angles. I'm sure they wouldn't be beyond IP grabbing, but let's give credit where it is due. BYD cars just seem better than Teslas, regardless of subsidies, labour costs and price comparisons.