While BYD will net US$1.6 billion in profit for this past quarter, trailing Tesla's by a third, its profits aren't stagnating but are rather a 200% increase year-on-year. Buoyed by record EV sales, BYD could catch up with Tesla in production and profits, if it keeps growing with the current rate. https://www.notebookcheck.net/BYD-profit-doubles-on-record-EV-sales-as-it-closes-in-on-Tesla.735605.0.html
The westerners like to mentioned Warren buffett backed company whenever they talk about BYD, with or without Warren buffett, BYD would always be successful as it is, because it's a Chinese company. Its success has nothing to do with Warren buffett, so stop taking advantage of BYD-you western people.
Western articles always make it seem like Tesla #1 and BYD lucky to take #2 spot. The one who needs to catch up is the Tesla that prefers to use BYD blade batteries until THAT stock goes out then substitutes with own self-produced inferior quality lithium batteries that are all around fire hazards!
Quote from: Hunter2020 on July 21, 2023, 21:45:10Western articles always make it seem like Tesla #1 and BYD lucky to take #2 spot. The one who needs to catch up is the Tesla that prefers to use BYD blade batteries until THAT stock goes out then substitutes with own self-produced inferior quality lithium batteries that are all around fire hazards!
lol, we'll see how many of BYD's batteries actually catch fire once the sales accumulate beyond the Great Firewall.
All this news about battery powered gimmick vehicles are all just hot air fake news! These companies will all be bankrupt as soon as more people wake up to the reality of how overpriced n overrated these battery powered blow up bombs really are! I can't wait!