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BYD is taking advantage of Tesla's rough year as the two rivals compete to be the world's largest EV maker.
Annual revenue, profit, stock prices and sold EVs show how close the competition is between Tesla and its Chinese rival BDY.
BYD, the Chinese EV giant, passed a significant milestone on Monday: it overtook Elon Musk’s Tesla in annual revenue. BYD generated 777.1 billion yuan ($107.1 billion) in annual revenue ...
That proved to be true in the bottom line of BYD’s 2024 annual finances, which amounted to 777 billion yuan, or about $107 billion USD, and beat out Tesla’s annual revenue for its fiscal 2024.
Chinese automaker BYD has reported over $107 billion in annual revenue, edging past Tesla as the competition between the two EV giants heats up. The Shenzhen-based company announced its full-year ...
Chinese electric vehicle manufacturer BYD surpassed the $100bn revenue mark in 2024, beating rival Tesla’s earnings for the year, a new stock filing revealed. Shenzhen-based BYD emerged as Tesla ...
Tesla’s 2024 revenue was nearly $97.7 billion. BYD’s net profit last year was about 40 billion yuan ($5.6 billion), up 34% from the year before. Last week, the company announced it was rolling ...
BYD, the Chinese EV giant, passed a significant milestone on Monday: it overtook Elon Musk’s Tesla in annual revenue. BYD generated 777.1 billion yuan ($107.1 billion) in annual revenue, up 29%. Not ...
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