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BYDDF
Business Insider
148 days

More trouble for Tesla as China's BYD crosses $100 billion barrier

1. BYD's revenue surpassed $100 billion, outpacing Tesla's $97.7 billion. 2. BYD sold 4.27 million EVs in 2024, nearly double Tesla's sales. 3. Tesla reported its first annual sales drop in a decade. 4. BYD introduced a rapid charging technology surpassing Tesla's capabilities. 5. Tesla faces challenges related to vandalism and cost-cutting controversies.

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FAQ

Why Very Bullish?

BYD's strong sales and revenue growth suggest significant market dominance, likely attracting investors.

How important is it?

The article indicates BYD's significant progress and dominance, which strongly correlates with potential BYDDF price increases.

Why Long Term?

BYD's technological advancements and market leadership position will sustain growth over time.

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