BYD In the world of electric vehicles, Tesla reigns supreme, but its days as the top dog may be numbered. China is the world’s largest EV market. Tesla has been losing ground to domestic automakers as a ruthless price war has inflamed an already competitive market. This one car brand in particular, has been giving Tesla a run for its money -The Warren Buffet backed BYD. The Chinese automaker logged 2.4 million new car insurance registrations in 2023, making it the top brand in China with a market share of 11%.In 2023 ,BYD produced more than 3 million new energy vehicles, which include plug in hybrids and battery electrics overtaking Tesla’s production of 1.84 million cars. Early on Elon Musk was dismissive of BYD as a threat. Now they’re a serious threat as they not only dominate the Chinese market but have grand ambitions…