How Chinese EV Manufacturer BYD Hopes to Drive Tesla off the Road
Eunice Lee, the Asian autos analyst at Bernstein, an investment research company, cited Chinese rivals XPeng and Zeekr, whose respective 5C and 5.5C charging systems can add about 280 miles and 342 miles of range in 10 minutes. She was “generally impressed” by BYD’s claims, after it had lagged behind rivals.
Tesla’s (TSLA) stock crashed by as much as 4% in pre-market trading on new data coming from China. Let’s dive into what’s ...
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Tesla plans to launch Model Y ‘cost-effective version’ in China – reportTesla is set to introduce a more cost-effective version of its Model Y in Shanghai, China, reported Reuters citing three ...
Tesla’s stock is currently the worst performing on the S&P 500 Index for the year, down more than 44% since the end of December. And BYD’s rapid advances are amplifying investors’ concerns.
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