Elon Musk says Chinese EV makers will 'pretty much demolish' most competitors without trade barriers

Elon Musk said Chinese electric car makers will find “significant” success outside of China, even as his auto firm, Tesla, faces intense competition from these same companies.
“Frankly, I think, if there are not trade barriers established, they will pretty much demolish most other companies in the world,” Musk said.
Automakers including BYD, Nio and Xpeng have expanded sales outside of China in the last two years, looking to take on established brands.