Things Are Beginning To Look Up For Tesla But Competition In China Is Daunting General, Ford Motor, Ford Motor, Ford Motor, Ford Motor, Ford Motor, Ford Motor, Ford Motor, Ford Motor, Ford Motor, Ford Motor, Ford Motor, Ford Motor, Ford Motor, Ford Motor, Toyota Motor, Toyota Motor, Toyota Motor, Toyota Motor, Toyota Motor ... by https://www.benzinga.com/
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Simple Explanation:
Some companies make special cars that can drive without a person inside (these cars are called "electric vehicles" or "EVs"). One company named "Tesla" makes some of these special cars. They sell a lot of these special cars in a big country called China. Tesla sold many of these special cars there last month. But there is another company named "BYD" that sells a lot of these special cars too. In fact, they sell even more of these special cars than Tesla. Some other companies are having a tough time selling these special cars. So, they are worried about the competition from these two companies (Tesla and BYD). They are looking for new ideas to make their special cars better so they can sell more of them. Read from source...
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Source: https://www.benzinga.com/news/cryptocurrency/22/09/17177887/the-cryptoverse-today-dogecoin-surge-cryptomining-giant-bitfarms-ceo-step-down-and-more