Elon Musk’s challenge: Stay ahead of the competition

Elon Musk will confront a critical challenge during Tesla’s Investor Day on March 1: Convincing investors that even though rivals are catching up, the electric-vehicle pioneer can make another leap forward to widen its lead.

Tesla Inc was the No. 1 EV maker worldwide in 2022, but China’s BYD and others are closing the gap fast, according to a Reuters analysis of global and regional EV sales data provided by EV-volumes.com.