Chinese EV Giant BYD's SHOCKING Threat to TESLA



Chinese EV Giant BYD’s SHOCKING Threat to TESLA

BYD, the Chinese electric car manufacturer, has dethroned Tesla as the reigning monarch of the electric vehicle (EV) world. With a production surge that outpaces even the trailblazing Elon Musk’s Tesla, BYD has claimed the crown for a second consecutive year. But this could just be the beginning. Can Tesla beat BYD? Or is it game over?

“Build Your Dreams” better known as BYD is backed by the legendary US investor Warren Buffett. This is a company that has been quietly revolutionizing the EV landscape. In 2023, they rolled out an impressive 3.02 million new energy vehicles, leaving Tesla in their electrified dust. But here’s the twist: BYD’s sales figures include not only 1.6 million battery-only cars, but also 1.4 million hybrids. Tesla, on the other hand, remains the undisputed leader in pure electric battery vehicles. But that may not be for long, because BYD is closing in fast.

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5 thoughts on “Chinese EV Giant BYD's SHOCKING Threat to TESLA”

  1. Berkshire Hathaway reduced its stake in Chinese electric vehicle maker BYD to just under 10%.

    The sale comes as Warren Buffett and Charlie Munger said they don't want to compete against Elon Musk.

    "We don't want that much failure." Munger said.

    Reply

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