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BYDDF
New York Post
13 hrs

Tesla sales in Europe plummet 40% — while Chinese rival BYD sees sales triple

1. Tesla's European sales dropped 40%, marking a seven-month decline. 2. BYD's registrations surged to 13,503, a 225% increase year-over-year. 3. Overall battery electric vehicle sales in Europe rose despite Tesla's decline. 4. BYD's success attributed to new models and rapid showroom expansions. 5. Tesla faces brand damage amid competition and poor model performance.

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FAQ

Why Very Bullish?

BYD's significant sales increase positions it strongly against Tesla, indicating market favorability.

How important is it?

The contrast in sales performance between BYD and Tesla may significantly influence investor confidence in BYDDF.

Why Long Term?

Sustained competitive advantages and growth strategies may lead to lasting market share increases.

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