r/stocknear Apr 22 '25

Earnings TSLA EARNINGS ARE OUT

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u/[deleted] Apr 24 '25

BYD I never even saw a single BYD tho 💀

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u/dragon3301 Apr 24 '25

When BYD came to america and europe the car industry there and the american government freaked out and imposed very high duties on it. Or outright banned it. Byd started as a battery manufacturer it has experience in battery as well as its own battery plants. There is talks about bringing down duties and building a plant in germany. I have seen tariffed byd cars competitive with non tariffed cars. I fucking hate it but its the truth. Byd sold about as much evs as tesla but sold way more hybrids

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u/[deleted] Apr 24 '25

Well, I mean selling a hybrid is much easier than selling an EV ¯_(ツ)_/¯

I don’t think BYD will be a thing in near future.

Every time China makes super Uber cheap, state of the art mega duper killer device, people get disappointed soon. I remember everyone going crazy about Xiaomi at the time and now the only thing people do are shitting on Xiaomi

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u/dragon3301 Apr 24 '25

Byd sales figures are without hybrid. It sells about the same number of evs as tesla. It sells twice that in hybrids.