Etiqueta: Elon Musk

The combined wealth of mainland China’s billionaires soars 22 per cent to US$1.77 trillion; Hong Kong’s ultra-rich population rises.

Elon Musk-led Tesla learned this cost-saving technique from Chinese rivals as BYD sees 200% surge in European sales.

Here are some of the top trending stories on Wall Street on Wednesday. Tesla (TSLA) stock gains after Elon Musk said the company's Robotaxi fleet will double. The Pentagon suggested Alibaba (BABA), Baidu (BIDU), and BYD (BYDDY) should be added to a list of those believed to be helping the Chinese military, according to a report from Bloomberg. Deere (DE) stock falls after the company reported earnings. To watch more expert insights and analysis on the latest market action, check out more Market Domination.

Self-driving cars are no longer a concept of the future, we are experiencing various levels of autonomous vehicles right now, but have not achieved the highest.

Europe's EV Battle Flips: Tesla Tanks, BYD Dominates

Chinese automaker's hybrid lineup boosts regional outperformance.

Tesla sales in Europe continue to decline with a 48.5% YoY drop in October, while rival BYD sees a 206.8% surge amid EV growth in the region.

BYD has sold 17,470 fully electric and plug-in hybrid vehicles across its European markets in October, a 206.8% jump from the same period a year ago.

Tesla has seen its sales in Europe collapse by nearly 50% in October 2025, while Chinese rival BYD surged ahead, solidifying its growing dominance in the region.

The situation in Croatia reflects the global market. Last year, China's BYD surpassed Tesla, run by Elon Musk, for the first time