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BYD stock plunges following deep price cuts

BYD has been grabbing market share from Tesla. Its shares are tanking after price cuts.

Stock of a Chinese EV-maker that has been grabbing market share from Tesla tumbled on Monday after it announced prices cuts on some models of its cars. BYD Co. stock sank 8.5% in Hong Kong on Monday.

Euronews on MSN · 1d

BYD stock plunges following deep price cuts as EV sales surpass Tesla in Europe

Shares of BYD plunged following steep discounts across several models, stoking fears of a renewed price war in China’s EV market. However, the Chinese automaker is still expected to maintain robust growth,

The Financial Times · 1d

FirstFT: Chinese EV shares tumble as BYD sparks new price war fears

Also in today’s newsletter, Singapore’s ‘scamdemic’, and Trump media group plans to raise $3bn to spend on crypto

BYD tops Tesla as the 'top choice' for EV brands in China

Africanews on MSN · 2h

China's BYD races ahead of Tesla for first time in Europe

Sales of Tesla vehicles in 32 European countries tumbled 49% to 7,261 in April from 14,228 in the same month the previous year, according to the figures released by the European Automobile Manufacturers' Association,

Electrek · 3h

BYD tops Tesla as the ‘top choice’ for EV brands in China, and it’s not even close

According to the latest UBS Evidence Lab EV Survey, BYD surpassed Tesla as the “top choice” for EV brands in China. The survey, which includes over 10,000 respondents, shows only 14% now consider Tesla as their top choice, down from 18% last year.

Zacks.com on MSN · 2d

BYD's EV Sales in Europe Surpass Tesla for the First Time

TSLA in electric vehicle (EV) sales in Europe for the first time in April, overtaking the long-time market leader in the region. Per Jato Dynamics, BYD registered 7,231 new battery-electric vehicles (BEVs) last month,

10hon MSN

I swapped my Tesla for a BYD after getting frustrated with Elon Musk. It was the right decision, but there are some things I miss.

Mahican Gielen, who swapped her Tesla for a BYD Sealion 7 partly because of Elon Musk, loves the Chinese EV but misses a few ...

1don MSN

Tesla loses more ground in Europe, while BYD makes gains

Tesla sold 7,261 vehicles in the European Union, European Free Trade Association, and U.K., a 49% year-over-year decline.

4hon MSN

Tesla's monthly sales in Europe fall by nearly 50%, signaling backlash against Musk

Tesla's European sales fell sharply last month, dropping 49%, based on data from the European Automobile Manufacturers' ...

Electrek1d

BYD takes control in another key EV market as its global push heats up

The world’s leading electric vehicle (EV) maker is rapidly expanding overseas. After taking control of vehicle sales in ...

BYD Beats Tesla in Europe for the First Time With 169% Surge

BYD Co. sold more electric vehicles in Europe than Tesla Inc. for the first time, overtaking the American brand that long led ...

Chinese EV buyers no longer consider Tesla a technology leader, warns UBS

BYD blew past Tesla in the first quarter and remains on track to exceed Musk’s own as the largest EV brand worldwide by ...

The Edge Singapore17h

Brazil sues EV giant BYD over ‘slavery’ conditions at plant

The EV plant in Brazil is BYD’s first outside of Asia and marked an important step in its push into overseas markets.

Tesla sales plunge 49% in Europe as Elon Musk’s firm faces brand crisis, China rival

Tesla’s sales in Europe plunged in April as the electric car maker faced backlash over Elon Musk’s political work and rising competition from China-based rival BYD. Tesla sold just 7,261 ...

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