Etiqueta: Elon Musk

BYD just took its first hit in 19 months. The automaker’s September sales dropped 5.5% year-on-year, with just over 396,000 cars sold, according to its Hong Kong stock filing on Wednesday. This is the first year-on-year decline since the streak began, and it’s happening while China’s domestic demand weakens and government pressure ramps up against […]

Zacks highlights Tesla, Alphabet, Nio, XPeng, and BYD, with Tesla poised for a Q3 delivery beat fueled by Model Y updates, China demand, and renewed focus from Elon Musk.

Although BYD has delivered fewer vehicles than Tesla in Europe overall in 2025, it has tripled its total sales up to August compared to the same period last year. Spain is currently one of BYD’s key growth markets in Europe.

Since BYD, the world's leading Chinese plug-in vehicle brand, decided to land in Europe, Tesla's dominance in the continental electric market is crumbling. We saw it in July... and

BYD projects to export between 800,000 and 1 million units in 2025, which is about 20% of its total sales.

BYD (BYDDY) generates more revenue than Tesla but trades at a fraction of its value. Strong global growth offsets China risks, offering a compelling EV play.

Market Analysis by covering: BYD Co Ltd-H, Tesla Inc, BYD Electronic International Co Ltd. Read 's Market Analysis on Investing.com

Tesla’s CEO Elon Musk criticized the analysis of European sales in August by Reuters, which wrote in its headline that Chinese giant BYD outsold the US brand in the EU.

That makes it the second month in a row....

STORY: Chinese EV maker BYD outsold Tesla in the EU for the second month in a row. Data showed BYD sold three times as many cars to the bloc in August than in the same month last year. Stellantis also had buoyant results, returning to sales growth in Europe for the first time in over a year.That’s as the overall market expanded with a boost from plug-in hybrid and battery-electric sales.Europe's battered car industry faces a number of challenges.This includes U.S. import tariffs and competition from China. As well as difficulties in meeting domestic regulations for EV adoption in a way that yields profit. Carmakers have ramped up PHEV sales to comply with emission standards, with more affordable and more profitable cars than pure EVs. Chinese brands have also used the technology to minimize the impact of EU tariffs on Chinese-made EVs.As well as to win over China-skeptic European drivers.And with BYD’s sales up over 200% in August, it took 1.3% of the market.Whereas EU sales for Elon Musk's Tesla dropped 36.6%, squeezing its market share to 1.2% from 2% a year ago.And as total EU car sales rose last month, the registration of hybrid and electric vehicles rose to over 62% in the bloc.