Elon Musk praised Chinese automakers as “the most competitive in the world” at an online forum Friday, where the Tesla Inc. chief also touched upon data security and the nation’s “great potential” as a market for electric vehicles.
Tesla is also facing fiercer competition in China from local EV startups including Xpeng Inc., Li Auto Inc. and Nio Inc.
Tesla last month temporarily halted some operations at its Shanghai factory as the global shortage of semiconductors hit the electric-car maker, Bloomberg News. Part of a production line at the China plant was halted for about four days in August because of a lack of key chips. “Tesla will work with national authorities in all countries to ensure data security of intelligence and connected vehicles,” he said. “With the rapid growth of autonomous driving technologies, data security of vehicles is drawing more public concern than ever before.”
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