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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 ...
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
While China's price wars also pressured Tesla's margins, the U.S. automaker generally charges more for its models than BYD. Prices may remain low for "two to three years," BYD general manager for ...
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 ...
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.
By comparison, Warren Buffett-backed BYD has gone on to eclipse Tesla as industry leader thanks to its range of affordable Chinese-built mass-market EVs that can better compete with Elon Musk's ...
BYD has recently tried to use price cuts and new model releases to spur demand. Last month, it cut the price of its cheapest model, the Seagull, by 5% and marked down its top-selling Qin Plus ...
Today, that rate has soared to 35.7%, according to data from the China Association of Automobile Manufacturers. ... BYD has been competing directly with Tesla in its home market since the US ...