BYD, Tesla and China
Tesla sales stall as China's BYD closes in
China's BYD, however, looks set to close the gap after reporting 1.76 million EV sales in 2024. The Shenzhen-based firm's total vehicle sales jumped more than 41% in 2024, year-on-year, to more than 4.2 million. The surge was powered mainly by sales of its hybrid cars.
Tesla Sales Drop for First Time in Over a Decade While China’s BYD Rises
There does not appear to be an obvious savior on the horizon for Tesla, either. The Cybertruck remains the company’s most identifiable vehicle thanks to its futuristic dumpster vibe, but the company shipped fewer than 50,000 units in 2024 and it seems like the demand for the truck is flattening out or declining.
The title of the world’s largest maker of pure electric cars no longer belongs to Tesla. A fierce competitor has surged ahead ...
Reduced European subsidies, a shift in the US toward lower-priced hybrid vehicles and tougher competition especially from ...
Elon Musk's Tesla sold 1.79 million electric cars in 2024, down from 2023 and below analysts' forecasts.Bloomberg wrote about ...
Sales of the company’s cars are flagging, but investors are focusing on the potential of autonomous driving and Mr. Musk’s ...
Tesla reported a dip in full-year auto sales Thursday (Jan 2), missing a company forecast in a sign of rising electric ...
Tesla has had the week from hell and it just got a whole lot worse after Chinese EV company BYD dropped a bombshell update.
As president-elect Donald Trump prepares to move into the White House, the relationship between his new buddy Elon Musk and ...
Elon Musk-owned Tesla reported its fourth quarter deliveries, announcing a slight drop in EV sales from the previous year's 1 ...
Tesla has recorded its first ever drop in annual sales amid growing competition from Chinese rivals and a global slowdown in ...
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