Etiqueta: Elon Musk

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.

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

BYD’s hybrid SUV is a market leader, and while there are few trade-offs for its attractive price, thrills are also thin on the ground, writes Sean O’Grady

After two years of headlines begging for failure, EV sales keep defying false media narratives that they are dropping, and continue to rise.

A new report by CARMA, BYD vs the World: A Media Intelligence Perspective on a Rising Superbrand, reveals that 65% of global media coverage positioned BYD as a market leader in 2025.