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BYD now Surpasses its Competitor Tesla in Revenues!

D. Engelhardt
Reading Time: 3 minutes

Chinese electric vehicle manufacturer BYD has surpassed the $100 billion revenue mark in 2024, exceeding the annual results of its competitor Tesla. BYD thrives with new compact models and affordable prices The Shenzhen-based company BYD has developed into Tesla's largest competitor in recent years, as the company led by Elon Musk has struggled with a persistent decline in revenue. BYD is actively pursuing global growth and is expanding into European and Asian markets with the introduction of new compact models at lower prices and super-fast...

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