BYD Co. (BYDDY) has proven to be a strong competitor to Tesla (TSLA) in the Chinese EV market, as have Nio Inc. (NIO) and XPeng (XPEV). However, as Tu le explains, the Elon musk-led giant has picked up speed in its EV industry despite facing key headwinds to expand its road ahead. Tom White offers an example options trade for Tesla.