Wang Chuanfu, chairman and CEO of electric vehicle maker BYD, has added $9.3 billion to his wealth this year as the Chinese company overtook billionaire Elon Musk’s Tesla in global sales.
BYD, the Chinese EV giant, passed a significant milestone on Monday: it overtook Elon Musk’s Tesla in annual revenue. BYD generated 777.1 billion yuan ($107.1 billion) in annual revenue, up 29%. Not ...
BYD has just done something that would have been unthinkable a few years ago - it overtook Tesla in global revenue. The Chinese automaker pulled in a whopping AU$170 billion in 2024, lashing Tesla ...
Chinese electric-car (EV) maker BYD is setting new sales milestones in its global rivalry with Tesla, after snatching its crown as the world’s biggest in terms of deliveries. The Shenzhen-based ...
The results? Its Hong Kong-listed shares are up over 50% this yearwhile Tesla's have slumped 38%. Even so, BYD's market cap is still just a fraction of Tesla's, a gap that might close as investors ...
China’s BYD passed Elon Musk’s Tesla for revenue in 2024 and unveiled game changing new chargers in a major salvo in the EV race. Chinese electric vehicle giant BYD is certainly building its ...
In the world of electric vehicles, there’s a Chinese company outdoing Elon Musk’s Tesla. And it’s just getting started. BYD, the Shenzhen-based Chinese EV champion, eclipsed Tesla in annual ...