Tesla Should Be Frightened About BYD

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BYD Seagull — BYD

Can Musk compete with this?

Predict

Who do you think that is the world leader in EV sales? You almost inevitably consider Musk’s trail-blazing Tesla and its headline-grabbing, industry-worrying growth over the past ten years. But in reality, they’re currently being beaten by BYD. The Warren Buffett-backed Chinese firm sold 1.62 million EVs in 2022, while Tesla sold 15% less at 1.37 million. Yet…

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