Tesla drops 6% after BYD partners with DeepSeek, Musk adds to DOGE distractions with OpenAI bid

Tesla shares dropped 6% after BYD announced plans to develop autonomous vehicle technology with DeepSeek and offer Autopilot-like system in new cars, raising concerns about Musk falling behind. Musk’s distractions, including leading an investor group in purchasing OpenAI, have also contributed to Tesla’s recent stock decline. Despite this, Tesla aims to launch Unsupervised Full Self-Driving and a driverless rideshare service in Austin in June, while competition with Waymo and Chinese players intensifies in the race towards commercializing robotaxis.

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