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Elon Musk Says Tesla's Closest EV Competitor Won't Emerge From US — But This Country
Elon Musk Says Tesla's Closest EV Competitor Won't Emerge From US — But This Country
Tesla Inc. (NASDAQ:TSLA) is the frontrunner in the electric vehicle race, although its global market share has eroded amid competition from upstarts and legacy automakers transitioning to EVs.
What Happened: Tesla CEO Elon Musk Musk said he wasn't really able to look into the future and predict right now which company with a general solution for self-driving could be a distant second. His reply came in response to a question from Canaccord Genuity analyst George Gianarikas. The analyst asked Musk about the EV competitive landscape five years down the line.
See Also: Best Electric Vehicle Stocks
Musk, however, suggested that this scenario wouldn't last forever, and in five years' time, probably somebody would have figured it out.
"I don't think it's any of the car companies that we're aware of. But I'm just guessing that someone might be right out eventually, so yes," Musk added.
When CFO Zachary Kirkhorn brought up the name of Chinese carmakers in this regard, Musk concurred and said he has a lot of respect for car companies in China. He commended them for being the most competitive in the world.
"They work the hardest and they work the smartest, that's so for the China car companies that we're competing against," he said.
"And so we would guess, there is probably some company out of China as the most likely to be second to Tesla."
Why It's Important: Tesla, which once had a dominant market share in China, has now been threatened by domestic upstarts such as Warren Buffett-backed BYD Manufacturing Company Limited (OTC:BYDDY) (OTC:BYDDF), Nio Inc. (NYSE:NIO) and Li Auto Inc. (NASDAQ:LI). BYD, in particular, has been consistently more than doubling its deliveries from a year ago and pursuing international expansion.
Tesla bulls see the need for the company to have a sub-$30,000 car in China to compete against the competitively priced cars of Chinese EV startups.
Price Action: In premarket trading on Thursday, Tesla shares were up 7.13%, at $154.70, according to Benzinga Pro data.
Read Next: Tesla Making Right Decisions To Navigate 'Difficult Year' For Auto Industry, Says Munster: 'Delivery Growth Party Will Only Continue'
Tesla Inc. (NASDAQ:TSLA) is the frontrunner in the electric vehicle race, although its global market share has eroded amid competition from upstarts and legacy automakers transitioning to EVs.
特斯拉公司 纳斯达克股票代码：TSLA）是电动汽车竞赛的领跑者，尽管在来自暴发户和传统汽车制造商向电动汽车过渡的竞争中，其全球市场份额有所减弱。
What Happened: Tesla CEO Elon Musk Musk said he wasn't really able to look into the future and predict right now which company with a general solution for self-driving could be a distant second. His reply came in response to a question from Canaccord Genuity analyst George Gianarikas. The analyst asked Musk about the EV competitive landscape five years down the line.
发生了什么： 特斯拉首席执行官 埃隆马斯克 马斯克说，他现在无法真正展望未来，也无法预测哪家拥有通用自动驾驶解决方案的公司可能排在第二位。他的回答是对Canaccord Genuity分析师提问的回应 乔治·贾纳里卡斯 分析师向马斯克询问了五年后的电动汽车竞争格局。
See Also: Best Electric Vehicle Stocks
另请参阅： 最佳电动汽车股票
Musk, however, suggested that this scenario wouldn't last forever, and in five years' time, probably somebody would have figured it out.
但是，马斯克表示，这种情况不会永远持续下去，五年后，可能有人会明白的。
"I don't think it's any of the car companies that we're aware of. But I'm just guessing that someone might be right out eventually, so yes," Musk added.
“我认为我们所知道的不是任何一家汽车公司。但我只是猜测最终可能会有人马上出来，所以是的，” 马斯克补充说。
When CFO Zachary Kirkhorn brought up the name of Chinese carmakers in this regard, Musk concurred and said he has a lot of respect for car companies in China. He commended them for being the most competitive in the world.
当首席财务官时 扎卡里·柯克霍恩 马斯克在这方面提到了中国汽车制造商的名字，对此表示同意，并表示他非常尊重中国的汽车公司。他称赞他们是世界上竞争最激烈的。
"They work the hardest and they work the smartest, that's so for the China car companies that we're competing against," he said.
他说：“他们工作最努力，工作最聪明，对于我们与之竞争的中国汽车公司来说就是如此。”
"And so we would guess, there is probably some company out of China as the most likely to be second to Tesla."
“因此，我们可以猜测，可能有一些公司离开中国，最有可能仅次于特斯拉。”
Why It's Important: Tesla, which once had a dominant market share in China, has now been threatened by domestic upstarts such as Warren Buffett-backed BYD Manufacturing Company Limited (OTC:BYDDY) (OTC:BYDDF), Nio Inc. (NYSE:NIO) and Li Auto Inc. (NASDAQ:LI). BYD, in particular, has been consistently more than doubling its deliveries from a year ago and pursuing international expansion.
为什么它很重要： 曾经在中国占据主导市场份额的特斯拉现在已经受到国内暴发户的威胁，例如 沃伦·巴菲特-已备份 比亚迪制造有限公司 （OTC: BYDDY）（OTC: BYDDF）， Nio Inc. （纽约证券交易所代码：NIO）和 Li Auto Inc. （纳斯达克股票代码：LI）。特别是比亚迪，其交付量一直比一年前增加一倍以上，并正在寻求国际扩张。
Tesla bulls see the need for the company to have a sub-$30,000 car in China to compete against the competitively priced cars of Chinese EV startups.
特斯拉多头认为，该公司需要在中国拥有一辆低于3万美元的汽车，以与中国电动汽车初创公司价格具有竞争力的汽车竞争。
Price Action: In premarket trading on Thursday, Tesla shares were up 7.13%, at $154.70, according to Benzinga Pro data.
价格走势： Benzinga Pro的数据显示，在周四的盘前交易中，特斯拉股价上涨7.13％，至154.70美元。
Read Next: Tesla Making Right Decisions To Navigate 'Difficult Year' For Auto Industry, Says Munster: 'Delivery Growth Party Will Only Continue'
继续阅读： 芒斯特说，特斯拉为度过汽车行业的 “艰难一年” 做出了正确的决定：“交付增长派对只会持续下去”
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moomoo是Moomoo Technologies Inc.公司提供的金融信息和交易应用程序。
在美国，moomoo上的投资产品和服务由Moomoo Financial Inc.提供，一家受美国证券交易委员会（SEC）监管的持牌主体。 Moomoo Financial Inc.是金融业监管局（FINRA）和证券投资者保护公司（SIPC）的成员。
在新加坡，moomoo上的投资产品和服务是通过Moomoo Financial Singapore Pte. Ltd.提供，该公司受新加坡金融管理局（MAS）监管(牌照号码︰CMS101000) ，持有资本市场服务牌照 (CMS) ，持有财务顾问豁免（Exempt Financial Adviser）资质。本内容未经新加坡金融管理局的审查。
在澳大利亚，moomoo上的金融产品和服务是通过Futu Securities (Australia) Ltd提供，该公司是受澳大利亚证券和投资委员会(ASIC)监管的澳大利亚金融服务许可机构（AFSL No. 224663）。请阅读并理解我们的《金融服务指南》、《条款与条件》、《隐私政策》和其他披露文件，这些文件可在我们的网站 https://www.moomoo.com/au中获取。
在加拿大，通过moomoo应用提供的仅限订单执行的券商服务由Moomoo Financial Canada Inc.提供，并受加拿大投资监管机构（CIRO）监管。
在马来西亚，moomoo上的投资产品和服务是通过Moomoo Securities Malaysia Sdn. Bhd. 提供，该公司受马来西亚证券监督委员会（SC）监管(牌照号码︰eCMSL/A0397/2024) ，持有资本市场服务牌照 (CMSL) 。本内容未经马来西亚证券监督委员会的审查。
Moomoo Technologies Inc., Moomoo Financial Inc., Moomoo Financial Singapore Pte. Ltd., Futu Securities (Australia) Ltd, Moomoo Financial Canada Inc.,和Moomoo Securities Malaysia Sdn. Bhd.是关联公司。
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