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BYD EARNINGS REPORT
Global stocks: BYD Q1 profit falls 55%, steepest drop in 6 years as China sales falterChinese electric vehicle maker BYD's quarterly profit fell at its fastest pace since 2020, a stock market filing showed on Tuesday, hit by ...- High-end car sales sink in China as its economy slows, taking a toll on European automakersChinese buyers are shifting from expensive foreign cars to cheaper domestic brands. Economic slowdown and government subsidies for electric...
- BYD sees Warren Buffett exit as routine, investors react with cautionWarren Buffett’s Berkshire Hathaway has fully sold its 17-year stake in Chinese electric-vehicle maker BYD, ending one of the most profitab...
- US stock futures dip as Fed speeches and inflation data loom; Gold hits record $3,750, crypto plunges, Trump’s new H-1B visa fee jolts Indian IT stocksUS stock futures fell as traders wait for key inflation data and comments from Federal Reserve officials. Gold touched new highs while bitc...
- Carmakers face uncertainty as tariffs and earnings collideWhile partsmakers show promise, European automakers face challenges in China, making selectivity crucial in the sector.
- Tesla sales drop 13% in first quarter as Elon Musk backlash, aging models hurt demandTesla's sales fell by 13% in the first quarter, reflecting challenges such as an aging product lineup, increased competition, and backlash ...
- With $107 billion revenue in 2024, and sales of 4.3 million vehicles, Chinese EV maker BYD roars past TeslaBYD’s Hong Kong-listed shares hit a record high after the company unveiled new battery technology that can charge a vehicle in the same amo...
- Tesla short sellers strike gold with $16.2 billion payout amid stock crash as BYD hits record high with world’s fastest EV recharging techTesla's shares have plummeted, losing over $700 billion in market cap, while short sellers gained $16.2 billion. Meanwhile, Chinese EV make...
- Stock market woes, protests and CEO Elon Musk: What's ailing EV giant Tesla?Investors are growing concerned about Musk's divided focus and his growing ties to far-right politics, resulting in a massive $130 billion ...
- Why is Tesla stock crashing today? Here’s the full breakdown of falling sales, Elon Musk’s controversies, and market challengesTesla stock is crashing today, dropping over 8% and slipping below the $1 trillion valuation for the first time in three months. The stock ...
- Buckle Up! Tesla shareholder Ross Gerber drops four alarming reasons the stock could tank 50% in 2025; if you are invested check out what he is sayingTesla investor Ross Gerber emphasizes major threats to Tesla's future. He mentions problems with autonomous driving technology, Elon Musk's...
- Bulls back in China cos’ India shop: Firms from neighbouring country see robust sales growth despite tighter scrutinyChinese companies like Midea, Haier, Xiaomi, Lenovo, and BYD are seeing strong revenue growth in India. Consumers prefer their products bec...
- Losses in China lead to $5 billion charge for General Motors as it cuts the value of its assetsGeneral Motors is taking a $5 billion hit due to losses in its Chinese joint ventures. The company will write down assets and restructure, ...
- What numbers tell: Elon Musk might need India nowTesla CEO Elon Musk earlier this year canceled a planned visit to India citing heavy obligations. Despite initial plans, Tesla hasn't re-en...
- Why Elon Musk chose to go to China rather than visit IndiaElon Musk's ties to China through Tesla's Shanghai factory are closely watched amid US-China tensions. Musk's supportive stance and busines...
- China is charging ahead with EVs. Why is the world worried?Concerns over China's EV dominance in Western markets are rising, with Chinese automakers like BYD offering cheap electric vehicles that un...
- How China built BYD, its Tesla killerChina's BYD, once a laughingstock in the auto industry, has surpassed Tesla in global sales of fully electric cars and is on track to becom...
- Tesla CEO Musk: Chinese EV firms will 'demolish' rivals without trade barriersElon Musk, Tesla CEO, warns that Chinese automakers, such as BYD, with their cheaper models, are a significant threat to global rivals in t...
- Chinese EV giant BYD's first-quarter profit jumps fivefoldChinese electric vehicle manufacturer BYD Co. reported a 410.9% jump in Q1 net profit, increased by revenue that soared 79.8% to ¥120.17bn ...
- Chinese state newspaper omits Jack Ma from list of entrepreneurial leadersChina's best known businessman was not mentioned in an front-page article published by the Shanghai Securities News. Instead Huawei Technol...
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