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BYD PROFIT DROP
China's April industrial profits grow at fastest in more than two yearsChina's industrial profits saw a significant jump in April, the fastest since November 2023. This growth is largely fueled by strong export...- Want to jump into the 'China is back' rally? Tread carefullyInvestors are increasingly betting that “China is back” as the economy rebounds from years of deflation, helped by strong manufacturing, ex...
- 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 ...
- BYD car discounts show China’s EV price war is getting worseChina's car market faces fierce price competition. BYD and rivals are increasing discounts despite government calls to stop. This intense r...
- Global Stocks: Chinese EV maker BYD posts first annual profit decline in four yearsBYD , China's biggest electric vehicle maker by sales, on Friday posted its first annual profit drop in four years, hit by weak sales in ...
- BYD beats Tesla in EV sales as Musk bets on robotaxis and future techBYD has become the world’s top electric car seller, passing Tesla in 2025 sales. Tesla deliveries fell for the second year, while competiti...
- China's BYD poised to overtake Tesla in 2025 EV salesChinese auto giant BYD is set to overtake Tesla as the world's top electric vehicle seller for 2025. BYD's sales have significantly outpace...
- BYD's Tesla-beating sales streak is now 4-quarter strongWhile BYD is now poised to deliver more battery-electric cars than Tesla during a calendar year for the first time-having sold almost 390,0...
- 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...
- BYD's $45-billion stock wipeout raises doubts on China outlookBYD, the Chinese electric vehicle maker, is facing challenges. Investor confidence is low after a significant stock selloff. Concerns are r...
- Yesterday’s darling China’s ace EV maker BYD suffers $45 billion stock sell-off – what really happened?China’s EV champion BYD has suffered a massive $45 billion stock sell-off, losing more than 30% of its market value in just four months. Th...
- BYD's production and China sales fall further in August amid price warBYD, the Chinese electric vehicle maker, faces challenges. Production fell for the second month in August. Sales in China also dropped for ...
- Warren Buffett’s billion-dollar EV play backed BYD, so why not Tesla?Warren Buffett's investment in BYD is proving prescient as the Chinese EV maker surpasses Tesla in key metrics. Buffett's value-based appro...
- China, HK stocks slip as auto sector drops amid heightened scrutinyChina and Hong Kong shares fell on Friday, weighed down by losses in the auto sector amid increased regulatory and consumer scrutiny.
- 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...
- Chinese EV giant BYD surpasses rival Tesla with record 2024 revenueChinese carmaker BYD surpassed $100 billion in revenue for 2024, overtaking Tesla as it expands overseas. The company saw a 29% increase co...
- 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 ...
- Elon Musk's Tesla sees 11.5% sales drop in China as rival BYD races aheadTesla has seen a drop in sales in France and Germany as well. In California, the company recorded its fifth consecutive quarterly decline.
- Battery giant CATL posts slower profit growth as competition heats upChina's battery makers including CATL are facing challenges of weakening demand and bigger cost reduction pressure from EV makers amid a pr...
- China stocks end lower on COVID-19 outbreak; new energy, machinery firms slumpThe blue-chip CSI300 index fell 0.6% to 4,921.34, while the Shanghai Composite Index lost 0.7% to 3,618.05 points.
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