Tesla

"Other companies in the West are weak," Musk said.

Tesla's FSD has received partial approval in China, with full approval expected around February or March next year, Musk said.

Tesla China's wholesale sales in October totaled 61,497 units, a 9.93 percent year-on-year decline and a 32.28 percent drop from September.

Tesla will participate in next month's 8th China International Import Expo, marking its return to the event after skipping last year's edition.

BYD's new vehicle registrations in Europe reached 24,963 units in September, about five times the figure from the same period last year.

BYD saw a slight decline in market share in September, while Tesla experienced a small increase.

Model Y retail sales in China totaled 51,173 units in September, up 6.16 percent year-on-year, boosted by the launch of the six-seat Model Y L.

Both new projects have now entered the validation testing phase, according to a report by 36kr.

Tesla's retail sales in China came in at 71,525 cars in September, marking the second-highest figure this year with a year-on-year decline narrowing to 0.93 percent.

Major EV makers saw a significant drop in insurance registrations in China last week, primarily due to the impact of the Golden Week holiday.