Automundo China

Tesla’s (TSLA) European sales halved in April as consumer sentiment toward the U.S. battery-electric vehicle (BEV) maker continues to sour and Chinese competitors deepen their market share in the region.

The BYD Dolphin Surf is a subcompact electric hatchback. It is called Dolphin Mini in other export markets, including Mexico.

Brazilian labor prosecutors filed a public civil action against Chinese carmaker BYD for alleged human trafficking and "slavery-like conditions" for workers, according to a statement from the prosecutors office issued on Tuesday. Prosecutors are seeking 257 million reais ($45 million) in moral damages from BYD and two other companies, according to the statement. ($1 = 5.6573 reais)

BYD Stock Dives as Dealer Inventory Overhang Prompts Heavy Discounts

Tesla’s European sales halved in April while its Chinese rivals grew their market share.

I’ve talked about it before, but no first-mover advantage in the automotive industry lasts forever. Whether it’s fuel-injection or lithium-ion batteries, the competition catches on quickly. The one moat that’s harder to clear is scale. When automakers get to a certain size, they’re able to squeeze the competition on price. Even that is only a […]

Tesla’s sales in Europe plunged in April as the electric car maker faced backlash over Elon Musk’s political work and rising competition from China-based rival BYD. Tesla sold just 7,261...

Tesla’s (TSLA) situation in Europe continues to deteriorate, despite electric car sales surging and the new Model Y now being...

Tesla stock has risen 58% since April. But shares could be 23% overvalued as revenue drops — with registrations down in China and Europe — and Cybertruck values dropping.