BYD Stock Soars. Why Trump’s Tariffs War With China Can Boost Tesla’s Rival. - Barron's
1. BYD's shares rose 7.2% amid U.S.-China trade tensions. 2. Tesla halted orders for Model S, X, and Cybertruck in China. 3. Chinese tariffs indirectly benefit BYD's market position against Tesla. 4. Tariffs may lead to a shift in the auto industry landscape. 5. BYD's target price increased, reflecting strong international expansion prospects.