Will Xi’s British nephew-in-law beat Elon Musk in China’s EV industry?

Will Xi’s British nephew-in-law beat Elon Musk in China’s EV industry?

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Daniel Foa, a British businessman married into the Xi Jinping family, is the best-connected foreigner in China. His business footprint includes finance, VR, AI, and now EV. He has brought an American EV company to China and aims to compete with Elon Musk’s Tesla. Who is Daniel Foa, and should we be concerned with the businesses he is involved in? Will he beat out Elon Musk in China?