Etiqueta: Tesla

China's BYD has made a name for itself in the highly competitive Chinese auto market and the fact that Berkshire picked the company's stock over Tesla is a testament to its strength.

Buffett's Berkshire Hathaway lowers stake in Chinese EV giant BYD - media reports

Warren Buffett's conglomerate has sold an additional 1.3 million Hong Kong-listed shares of BYD for $39.8 million, according to a filing.

Tesla (TSLA) shareholders approve Musk's massive pay package, showing strong support. Meanwhile General Motors (GM) cuts forecast for EV production and sales for 2024.

Booming Chinese car brand BYD has slashed the price of its most affordable electric car. The Dolphin small hatchback is now $2000 cheaper, with prices starting at $38,890 (before on-road costs) for the base Dynamic and $42,890 for the Premium. Despite the price cut, the Dolphin has not regained its crown as the cheapest EV on sale in Australia. That title belongs to the GWM Ora, which is priced at $35,990 drive-away. [read-more-default-title] Is...

The top-selling Tesla Model Y will soldier on unchanged until at least 2025 according to Tesla boss Elon Musk.

The BYD Seal EV became stuck on Perth's City Beach in Perth on Saturday after it was driven onto the sand for scenic sunset pictures.

According to reports from China, BYD's FinDreams battery unit has secured a contract to supply up to 20% of the cells for Tesla's BESS Megafactory in China.

China has "decoded" EVs and has put Tesla in check, while American experts are on edge: 1300 miles without recharging and the end of this