Tesla panics in front of Xiaomi's electric car
Elon Musk's tone has changed. In a Bloomberg interview after BYD hit the market in 2011, Musk jokingly told the presenter, have you seen their car? Can this car in China be our competitor? Now he is saying that this Chinese-made Xiaomi car will have significant success outside of China. It has already started to make an impact in the western market.