This Buffett-Backed Company has Tesla in its Crosshairs


This Buffett-Backed Company has Tesla in its Crosshairs Chinese electric vehicle maker BYD is seeking to expand in the U.S. market, the company's CEO Told CNBC The automotive company's California production facility will be completed next month The facility will have 700 employees and will be able to produce 1,500 heavy-duty vehicles each year BYD sold more than 100,000 vehicles in 2016 vs Tesla's 76,000