Musk Seeks More Tesla Control Amid Range Downgrades and Asian EV Market Battles
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Elon Musk said he is "uncomfortable" expanding Tesla's AI and robotics without securing 25% voting control of the company. He hinted at openness to a dual-class share structure to gain more influence.
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In response to new U.S. regulations, Tesla revised down the estimated driving ranges for some of its electric vehicle models.
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BYD aims to establish itself as the EV market leader in Southeast Asia, introducing models in Indonesia and planning to triple its dealerships in Thailand by 2025.
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Vietnamese EV maker VinFast fell short of its 2023 delivery target of 40,000 vehicles, citing economic uncertainty and intense competition.
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Despite missing its target, VinFast deliveries increased 35% in Q4 2023 compared to Q3. The company remains ambitious, planning new facilities in India and expansion into more overseas markets.