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Tesla (NASDAQ: TSLA) and BYD (OTC: BYDDY) are ramping up the price war over market share in electric vehicles. Stock prices used were the afternoon prices of Dec. 4, 2024. The video was published ...
Investors are learning that BYD's record sales, juiced by an intense price war in China, won't translate into bumper profits.. Shares of Chinese EV automaker BYD slipped by 4.7% on Tuesday after ...
Throw in a modest 1.3% dividend yield (Tesla pays no dividend), and I think BYD stock just might be cheap enough to buy. Don’t miss this second chance at a potentially lucrative opportunity
BYD is chasing down Tesla on EV sales, but the Chinese giant is much more than just a car company. As well as cheap EVs, BYD also makes batteries, buses, trains and even some iPhones and iPads ...
Tesla and BYD’s cutthroat EV price war is driving Volvo spinoff Polestar to the precipice—and it may need a lifeline. Christiaan Hetzner. January 24, 2024 at 5:18 AM. ... The Today Show.
Tesla, which is battling BYD for the crown of the world's largest EV producer, cut the price of its bestselling Model Y EV in China by 10,000 yuan ($1,400) on Monday.. Elon Musk's automaker kicked ...
Those price cuts gave BYD an advantage over Tesla, whose cheapest vehicle in China is the 231,900 yuan ($32,600) Model 3, and appear to have spurred sales. ... In Other News.
But if BYD or other Chinese carmakers were to come in with a $20,000 car, noted Dunne, they’d still be a “good position” despite the high tariffs, given that the average price of a new car ...