China EV Maker BYD Burning Billions in Cash
BYD has another quarter of billions in quarterly negative free cash flow. BYD is the major competitor to Tesla for the number of electric vehicles they make. In the fourth quarter of 2023, BYD made more electric cars than Tesla but since then Tesla has retaken the lead in electric car production. BYD is selling ...
Link :
https://www.nextbigfuture.com/2024/08/china-ev-maker-byd-burning-billions-in-cash.html
Link :
https://www.nextbigfuture.com/2024/08/china-ev-maker-byd-burning-billions-in-cash.html
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