Tesla Shares Dip 6% as BYD Makes Bold Move Amid Musk's Side Ventures
2025-02-12 / Read about 0 minute
Author:小编   

On Tuesday, local time in the United States, shares of electric vehicle giant Tesla experienced a decline of over 6%. This drop can be attributed to its Chinese rival BYD announcing a partnership with AI startup DeepSeek to develop autonomous driving technology. As part of this collaboration, BYD intends to equip all its new models with a Tesla Autopilot-like assisted driving system as standard. This strategic move has sparked concerns in the market that Tesla might fall behind BYD in the realm of autonomous driving, especially while Elon Musk is preoccupied with his various side projects.