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189 days

BYD Takes EV War to Tesla With Free Smart-Driving Tech. Rival Stocks Are Falling. - Barron's

1. BYD introduced 'The God's Eye' autonomous driving system across multiple models. 2. Analysts estimate 40%-50% of BYD's sales will feature this technology. 3. BYD's sales surged 37% last year; Tesla's increased by only 9%. 4. Record intraday high of HK$345 noted before closing at HK$327.80. 5. J.P. Morgan places an Overweight rating with a target price of HK$475.

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FAQ

Why Bullish?

BYD's autonomous driving features may attract more customers, increasing sales significantly. Historical performance suggests that tech advancements can lead to stock price appreciation.

How important is it?

The article reveals critical developments in BYD's strategy and market position that directly affect investment decisions for 1211.

Why Short Term?

Initial consumer response to new features can swiftly affect demand and stock price. Recent stock price movements reflect immediate investor sentiment.

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