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BYD is offering a self-driving feature for all. That could be trouble for Tesla. - MarketWatch

1. BYD's self-driving tech will be standard across more models, impacting competitors. 2. Predictions state intelligent driving will be mainstream by 2025, influencing EV markets. 3. Tesla faces intensified competition, with analysts lowering revenue and delivery estimates. 4. BYD's strategy may pressure pricing in the electric vehicle market. 5. Domestic OEMs' market share is increasing, affecting foreign competitors like Tesla.

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FAQ

Why Very Bullish?

BYD's aggressive strategy enhances its competitive position against Tesla, likely pressuring their pricing.

How important is it?

BYD's developments significantly impact the competitive landscape of EVs, directly affecting Tesla's market position.

Why Long Term?

The shift in market dynamics from BYD's new offerings could persist, as market share rebalances.

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