China's lower-priced products might force the local players out of the market, Reuss told InsideEVs at the Chevrolet Equinox EV launch event near Detroit.
Tesla's decision to lay off approximately 500 employees from its Supercharging team as part of its global restructuring efforts has garnered significant attention.
The company's financial situation collapsed last year, forcing it to halt production at its Shangrao plant with an annual capacity of 300,000 vehicles.
He was responding to a media report that said the long list of executive departures from Tesla hints at the company losing its ability to attract and retain talent.
The billionaire CEO was responding to a Tesla enthusiast who mocked the irony of the U.S. relying on China for manufacturing but also increasing tariffs on China-made EVs.
The Shark is currently only available in Mexico and BYD is not eyeing entry into the U.S. market, Reuters reported, citing the company's regional chief Stella Li.