After the start of Tesla’s year, Elon Musk is probably lucky that Americans cannot buy Byd cars.
The Chinese Rival of Tesla had another spectacular quarter, sales jumping 60% in the first three months of 2025.
Byd has sold around 416,000 electric vehicles and 570,000 hybrids this year. Deliveries of Tesla vehicles, on the other hand, came well below the expectations of analysts, the automaker announcing on Wednesday the deliveries of 336,700 electric vehicles.
It is the second successive quarter that Byd has exceeded its rival, Tesla fighting against sales of divers while the demonstrations against Musk and Doge have spread throughout the world.
More sick for Musk, an increasing proportion of sales from Byd comes from the outside of China.
In March, the automaker supported by Warren Buffett declared record sales abroad for the third time this year while it develops aggressively on the international markets.
On the other hand, Tesla sales in Europe, its third largest market behind the United States and China, collapsed by 42% in the first two months of the year.
High prices mean that Byd does not sell his cars in the United States, but he tightens Tesla in China by undervalifying it on the price and by exceeding it on innovation.
Byd opened the presale Tuesday of its SUV Tai 3, which has a range of just over 300 miles and begins at 139,800 yuan, or about $ 19,270. There is also a version that includes the BYD on -board drone system for 203,800 yuan, or about $ 28,000.
Byd has also unveiled new autonomous technologies and ultra-total load technologies this year, and last month announced annual income that exceeded Tesla.
Meanwhile, Tesla’s stock price has collapsed since he reached a summit in December, with more investors expressing anxiety about Musk’s involvement with Doge.
The actions fell again on Wednesday after Tesla announced its deliveries in the first quarter before rebounding in the afternoon trade.
businessinsider
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