BYD is piling on the pain for Tesla. These 5 charts break down how the rivals square up.
Chinese EV maker BYD is piling the pain on Tesla. It's reported soaring sales and revenue even as Tesla has been battered by plunging sales in China, a diving stock price, and public backlash against CEO Elon Musk's work for DOGE. The Warren Buffett-backed EV giant sold 4,272,000 vehicles in 2024, compared to Tesla's 1,789,200. The caveat is that BYD, unlike Tesla, sells hybrids as well as EVs. The Chinese firm sold 1,764,992 battery- electric vehicles in 2024, meaning it fell just short of Tesla's EV sales ...