Elon Musk paid respects to a Tesla rival yesterday. But it was in response to a 2011 video of him laughing at its vehicle quality.
The Tesla CEO responded Friday to a Bloomberg interview in which he derided China’s BYD. As the interviewer mentions the Chinese company as a competitor and notes Berkshire Hathaway’s 10% stake, Musk can’t stop laughing. When asked why he’s chortling, he responds, “Have you seen their car?” He then admits he doesn’t see BYD as a competitor.
