It has reported soaring sales and revenue even as Tesla has been battered by plunging sales in China, a diving stock price, ...

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.

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 ...