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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 ...
BYD's margins could be under pressure from a fierce price war in China, as the carmaker tries to sustain growth in the world's largest auto market. The company cut prices of several models by as ...
At $108 billion in market capitalization, with $4.7 billion in annual profit and $5.4 billion in annual free cash flow, BYD stock costs just 23 times annual earnings and 20 times annual free cash ...
Tesla sales fell last year for the first time in more than a decade, as demand faltered and rivals gained pace. The company, led by billionaire Elon Musk, delivered almost 1.79 million cars last ...
Ever since it has been on a steady decline, losing 84% of its value to last change hands at $2.10 per share, giving it a market cap of just $4.4 billion. This story was originally featured on ...
China’s top maker of electric vehicles (EV) wants to pay a lot less for car parts in the new year, a demand that signals there is no end in sight to a vicious price war nor economic gloom marked ...
The Chinese market accounted for over 85% of BYD’s automobile-related revenue in 2023, according to figures from BYD’s annual report. By comparison, China accounted for 22% of Tesla’s revenue.
BYD overtook Tesla to become the world’s biggest electric car company in the final quarter of 2023.