Ken Griffin
Citadel founder and CEO Ken Griffin.
  • Ken Griffin told CNBC that BYD overtaking Tesla as the top seller of EVs was a "heartbreaking" moment. 
  • The billionaire warned the West needs a strategy to cope with a wave of cheap Chinese electric cars.
  • It comes after Elon Musk said Chinese EVs would "demolish" their US rivals without trade barriers. 

BYD has finally knocked Elon Musk off his perch at the top of the EV ladder — and nobody is more disappointed about it than Ken Griffin.