Etiqueta: Elon Musk

Chinese carmaker sold just under 1mn vehicles in first quarter

BYD’s novel take on a plug-in hybrid uses advanced tech to keep you running on electric power for longer. It’s impressively efficient and tremendous value with plenty of family-friendly space

International Business News: Trump’s 25% tariff on imported vehicles aids Tesla in the US but fails against China’s BYD, which leads global EV sales. Tesla faces backlash abroad d

In 2024, BYD overtook Tesla in global electric vehicle sales. BYD reported higher annual revenue than Tesla. While Tesla faced brand perception issues and public backlash due to Elon Musks political ties, BYD focused on innovation and market expansion. BYD's technological advancements and affordable models contributed to its growing dominance.

Hong Kong (CNN) — In the world of electric vehicles, there’s a Chinese company outdoing Elon Musk’s Tesla. And it’s just getting started.BYD, the Shenzhen-based ChineseRead More

With falling EV sales globally and vandalism at Tesla sites, Tesla is having a rough start to 2025. Now a new BYD charging system adds insult to injury.

Electric car maker Tesla (NASDAQ: TSLA) has been under all sorts of pressure in 2025. Others are very concerned about first-quarter deliveries and how CEO Elon Musk's involvement in government affairs is affecting the company. Meanwhile, Chinese electric car maker BYD Company (OTC: BYDDY) just reported a huge quarter.

No one wins in a trade war, as economists have insisted for decades. Yet Elon Musk sure does seem to be blowing this maxim to smithereens. In January

Wang Chuanfu, chairman and CEO of electric vehicle maker BYD, has added $9.3 billion to his wealth this year.