Bean_Tiger@alien.topB to Electric Vehicles@gearhead.townEnglish · 11 months agoChinese electric car maker BYD is about to steal Tesla's crown. Here's why it's winning the race.www.businessinsider.comexternal-linkmessage-square70fedilinkarrow-up11arrow-down10
arrow-up11arrow-down1external-linkChinese electric car maker BYD is about to steal Tesla's crown. Here's why it's winning the race.www.businessinsider.comBean_Tiger@alien.topB to Electric Vehicles@gearhead.townEnglish · 11 months agomessage-square70fedilink
minus-squareLatter_Fortune_7225@alien.topBlinkfedilinkEnglisharrow-up1·11 months agoWith BYD set to overtake Tesla, is there a reason the market cap is so massively in favour of Tesla? Tesla, of course, has a much bigger lead over BYD in market capitalization. Its shares are worth roughly $820 billion while BYD’s market cap is roughly $110 billion.
minus-squareomnibossk@alien.topBlinkfedilinkEnglisharrow-up1·11 months agoBYD has much higher risk when China attacks Taiwan. US owners of BYD will lose everything. Tesla will lose one factory.
With BYD set to overtake Tesla, is there a reason the market cap is so massively in favour of Tesla?
BYD has much higher risk when China attacks Taiwan. US owners of BYD will lose everything. Tesla will lose one factory.