Today’s electric vehicles (EVs) mainly use batteries with cathodes made of lithium nickel manganese cobalt oxide (NMC) or lithium iron phosphate (LFP). Tesla and BYD, the world’s largest EV companies, have each adopted one of these chemistries. Chinese carmaker BYD uses LFP batteries, and Tesla chose NMC.
BYD, the Chinese EV giant and Tesla's arch rival, unveiled a vehicle-mounted drone system that lets drivers deploy the gadget on the move to take videos.
Tesla shares trade below $350, well off their record high. Investors might want to buy the dip. In my opinion, though, it's best to pass on the stock. There are some rosy expectations embedded in the valuation that make the downside significantly higher than the upside.
Tesla (TSLA) and BYD (BYDDF) are two leading EV manufacturers vying for one of the hottest new business segments in the market. Tesla is a U.S.
Baird has added Tesla as a Bearish Fresh Pick, citing near-term headwinds related to production challenges and weakening demand. Shares of Tesla were down over 5% as the markets opened on Thursday. The TSLA stock has slumped around 28% in the last 30 days.
Preliminary data from China's Passenger Car Association showed a precipitous drop in shipments from Tesla's factory in Shanghai for the month of February. The company delivered just 30,688 vehicles, down 49% year over year from last February's 60,172 vehicles. The figure is also down month over month with Tesla shipping 63,238 vehicles in January.
BYD Company Limited, the world's leading electric vehicle manufacturer for three consecutive years announced a significant capital raise through a placement of new H shares to fund its ambitious global expansion plans and research initiatives.
Chinese EV giant BYD Co sold 318,233 new energy passenger vehicles in February, marking a jump of 161.4% from last year, thanks to a major jump in plug-in hybrid passenger vehicle sales, the company said on Sunday.
In the case of Tesla (TSLA) , the answer is complicated. Musk's electric vehicle (EV) company enjoyed significant growth in the weeks following Donald Trump’s election in November 2024, making it clear that investors saw Musk’s proximity to Trump as a bullish indicator.
Investing.com-- Chinese electric vehicle giant BYD (HK: 1211) pledged to work with rival Tesla Inc (NASDAQ: TSLA) to combat petrol cars, the company’s executive vice-president Stella Li said in an interview with the Financial Times.
The electric car maker’s stock has been sinking “faster than a Cybertruck in quicksand”. Elon Musk’s company, like the US itself, seems like a sell.