Morning Brew Daily Tesla Dethroned in China EV Market & Harvard President Resigns
Jan 3, 2024
Tesla has been dethroned by BYD as China's leading EV maker, driven by government support and fierce competition. Harvard's president resigns after a brief tenure, shedding light on the pressures facing university leaders. Recent flight incidents raise concerns about airline safety amid staff shortages. The pandemic has also changed consumer choices, with fewer products available in stores potentially increasing sales. Plus, get to know a young dart prodigy while U-Haul's latest report reveals surprising migration trends across the U.S.
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BYD's Rise in EV Market
- BYD surpassed Tesla as the top EV seller in Q4 2023, driven by China's booming EV market.
- BYD's success is fueled by government subsidies and fierce competition in the Chinese market.
Harvard President Resigns
- Harvard University President Claudine Gay resigned after six months, the shortest tenure in the university's history.
- The resignation followed controversies including plagiarism accusations and criticism of her stance on anti-Semitism.
Tokyo Plane Collision
- A Japan Airlines jet collided with a smaller plane in Tokyo, resulting in five fatalities on the smaller plane.
- Miraculously, all 391 passengers and crew on the JAL plane evacuated safely.