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BYD to report higher Q3 profit margin than Tesla as Model 3 and Model Y price cuts bite earnings

Started by Redaktion, October 18, 2023, 19:44:32

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Redaktion

October 18, 2023, 19:44:32
Tesla's Q3 earnings would reveal a gross margin of just 19%, down from 28% a year before. Meanwhile, its main competitor BYD previewed earnings that may be up to 70% higher compared to the previous quarter.

https://www.notebookcheck.net/BYD-to-report-higher-Q3-profit-margin-than-Tesla-as-Model-3-and-Model-Y-price-cuts-bite-earnings.760442.0.html
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