BYD Is Suddenly Crushing Tesla
Chinese EV maker BYD is absolutely crushing Tesla, leapfrogging the Elon Musk-led company by passing the $100 billion mark in revenue last year. As Agence France-Press reports, the Shenzhen-based manufacturer has quickly emerged as the clear leader in China's burgeoning EV market, beating out Tesla's $97.7 billion in revenue last year. It's a notable inflection point, indicating that the embattled carmaker's days of being the EV industry's clear frontrunner are numbered. Experts have long warned that Chinese competition could soon catch up with Tesla, which doesn't bode well given the company's already faltering financials, spurned on by its mercurial CEO's […]
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