On Thursday, Tesla CEO Elon Musk took to the social platform X to remark that China's reliance on oil is experiencing a swift decline. His statement was a direct reaction to a perspective shared by Nicholas Fulghum, a senior analyst specializing in energy and climate data at Ember. Earlier in the week, Fulghum posted that, for the first time in September of this year, the market share of fuel-powered vehicles in China had dropped to a mere one-third.
