Tesla got far enough for Musk to have the power he wanted and then gave up innovating and expanding. China will win the race, they have a third of global manufacturing capacity and already sell as many NEVs (battery electric and plug in hybrids) domestically as are sold in the US every year, while continuing to scale.

https://www.scmp.com/business/china-business/article/3334300...

https://insidechinaauto.com/2025/11/01/live-blog-china-octob...

https://www.byd.com/us/news-list/First-BYD-Electric-Vehicle-...

https://rhomotion.com/news/byd-announces-further-global-expa...

https://www.visualcapitalist.com/mapped-where-tesla-and-byd-...