China’s biggest EV maker, BYD, built more electric cars than Tesla in 2024, signaling a global shift toward cheaper electric cars.
Tesla (TSLA-0.72%) has been one of the best-performing stocks on the market over the last five years but also remains a battleground among investors. CEO Elon Musk has long been a lightning rod for controversy,
The Detroit carmaker is creating a domestic supply base to make EVs cheaper and profitable aided by Kurt Kelty, who landed Tesla’s top battery supplier in its early days.
Tesla earnings loom with TSLA stock near a buy point. BYD also is setting up with the Chinese EV giant's profits and sales booming.
Tesla investors will look for more details on the automaker's lower-priced model when it reports quarterly results on Wednesday as some expect the cheaper car to help the company hit its goal to increase deliveries by up to 30% this year.
BYD’s record-breaking year is paying dividends. Despite its vehicles selling for less than $17,000 on average, BYD topped Mercedes-Benz
The world’s largest electric vehicle maker is becoming a force in the global auto market. BYD confirmed it’s on
Chinese EV-making giant BYD has now rival Tesla twice in quarterly battery electric vehicle sales in the past two years.
Investors in young EV start-ups, such as Rivian and Lucid, should be terrified of some recent numbers from Japan. In a groundbreaking victory, Chinese juggernaut EV maker BYD ( BYDDY 2.01%) officially outsold Japanese carmaker Toyota with EVs in the latter's homeland during 2024.
Tesla and Germany’s BMW are suing the European Commission, joining a growing band of Chinese automakers to oppose the European Union on its punitive tariffs on electric vehicles.
Another Chinese newcomer has landed in Australia with a five-star ANCAP safety rating. The Deepal S07 electric mid-size SUV is a cut-price rival to the Tesla Model Y, Kia EV5, Xpeng G6 and more.
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