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BYD nears Tesla gross profit margin as it launches cheap Seagull mass market EV

Started by Redaktion, April 29, 2023, 14:50:12

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Redaktion

Tesla's main competitor BYD reported 400% rise in profits compared to the same quarter last year and a gross margin very near to what Tesla reported for Q1. It just released its first mass market electric vehicle, the US$14,000 BYD Seagull that can go for more than 200 miles on a charge.

https://www.notebookcheck.net/BYD-nears-Tesla-gross-profit-margin-as-it-launches-cheap-Seagull-mass-market-EV.711216.0.html

Hunter2020

Article makes it sound like Tesla produces the most superior vehicles in the world.  In fact BYD EV is the Huawei smafo, while Tesla is the Apple iPhone, always lagging behind Huawei in technology features and digital photography score!


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