"Elon Musk Warns of Chinese EV Makers' Potential to Demolish Global Competition"

Chinese EV manufacturers like BYD have surged ahead in the global market, surpassing Western rivals and leading in both low-cost offerings and cutting-edge EV technology. The export boom is driven by the companies' competitive edge and China's deflating economy. Western carmakers, caught off guard, are now facing the challenge of holding back the flood of Chinese cars, as the latter expand into Europe and the US. Chinese EVs are not just a threat due to their low prices, but also because of their advanced software features and battery technology, putting them years ahead of the competition.