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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 · 2d

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,

Insider on MSN · 3d

BYD just fired another shot in China's EV price war — and investors are worried

Shares in some of Tesla's biggest Chinese rivals fell on Monday after BYD's price cuts fueled fears over the country's brutally competitive EV sector.

1don 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 ...

AUTOPOST on MSN20h

Europe’s EV Crown Is Slipping From Tesla—And BYD Is Waiting to Grab It

Tesla's sales in Europe and the UK have plummeted by nearly half, according to a report by tech news outletTechCrunch on ...

Fortune on MSN1d

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 ...

Electrek1d

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 ...

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 ...

15hon MSN

Brazil just sued Tesla’s biggest competitor from China for worker conditions ‘analogous to slavery’

Bahia state’s Public Labor Prosecutor’s Office (MPT) accused the three companies of illegally trafficking 220 Chinese workers ...

Electrek2d

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 ...

China’s BYD Outsells Tesla in Europe for First Time

Despite steep tariffs, the Chinese carmaker leapfrogged Tesla in April, in what an analyst called a “watershed moment” for ...

7don MSN

China's BYD outsells Tesla in Europe for first time, report says

Chinese automaker BYD sold more electric vehicles in Europe than Tesla for the first time, according to a report by JATO ...

2don MSN

Tesla Misses Out on European EV Market Growth as Sales Halved Last Month

Tesla sales in the EU slumped for a fourth consecutive month as Musk’s EV maker struggled to cash in on a growing market in ...

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