China’s BYD links up with DeepSeek in an AI threat to Tesla

Chinese automaker BYD (1211.HK) has inked a deal with DeepSeek to co-develop new autonomous technology, which could be bad news for automakers like Tesla (TSLA).

DeepSeek, the China-based generative AI company, has been in the spotlight recently, largely because it offers AI technology comparable with OpenAI’s but reportedly at less expense while requiring fewer resources.

BYD, China’s largest automaker, has taken a more cautious approach to its autonomous technology compared to Tesla….