$BYD is Chinese company. $TSLA is US company. $BVD getting better source of chips and lithium batteries. $TSLA working on it to ramp it continuously. $BYD can't able to beat $TSLA. $BYD is a good company but can't be compared with $TSLA ever.
BYD Beat Tesla in China Again. This Is a Two Horse Race, Though
Chinese EV maker BYD reported another impressive month, and quarter, of growth, besting even Tesla, which put up its own impressive numbers for the second quarter of 2023.Sunday, BYD reported 251,685 electrified passenger vehicles sold in June. For the second quarter that means BYD sold more than 700,000 EVs, up almost 100% from the same time last year.BYD sells both plug-in hybrid vehicles and all-battery electric vehicles. For the quarter, BYD sold roughly 350,000 battery-electric vehicles, or BEVs, up more than 90% over last year.Tesla , sold about 466,000 BEVs around the globe in the second quarter. Tesla is number one globally, but BYD is number one in China. The vast majority of BYD sales are in China.Tesla doesn't report sales by geography, but the 466,000 number likely includes about 155,000 sold in China, up more than 70% over last year.BYD's 90% is faster than Tesla's 70%. There are reasons Tesla grows slower in China than BYD. For starters, Tesla makes more expensive vehicl
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