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Business Insider
89 days

BYD overtakes Tesla in Europe for the first time. That's more bad news for Elon Musk.

1. BYD outsold Tesla in Europe for the first time in April. 2. BYD's sales surged 169% while Tesla's registrations dropped nearly 50%. 3. BYD launched the Dolphin Surf, a new EV model for Europe. 4. BYD plans to aggressively expand in European markets. 5. Tesla faces backlash over CEO Musk's political affiliations, impacting sales.

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FAQ

Why Very Bullish?

BYD's sales growth indicates strong market position, potentially enhancing investor confidence.

How important is it?

The article highlights BYD's market growth, directly influencing investor sentiment and stock performance.

Why Long Term?

Sustained sales growth and new model launches suggest a promising trajectory in Europe.

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