BYD, the Chinese EV giant and Tesla's arch rival, unveiled a vehicle-mounted drone system that lets drivers deploy the gadget on the move to take videos.

BYD global EV sales jumps 56% in the first two months of this year, potentially putting it in arms reach of Musk's carmaker.

BYD Company Limited, the world's leading electric vehicle manufacturer for three consecutive years announced a significant capital raise through a placement of new H shares to fund its ambitious global expansion plans and research initiatives.

Tesla shares trade below $350, well off their record high. Investors might want to buy the dip. In my opinion, though, it's best to pass on the stock. There are some rosy expectations embedded in the valuation that make the downside significantly higher than the upside.

To be clear, despite its relative youth and its recent struggles, Tesla is among the 10 most profitable car makers in the world. Its net income is comparable to that of major car manufacturers like Honda, General Motors, and Ford, as you can see in the chart below.

Tesla (TSLA) and BYD (BYDDF) are two leading EV manufacturers vying for one of the hottest new business segments in the market. Tesla is a U.S.

Elon Musk's Tesla is under pressure in the world's largest car market from EV giant BYD and its rivals that are fast expanding outside China.

Investing.com-- Chinese electric vehicle giant BYD (HK: 1211) pledged to work with rival Tesla Inc (NASDAQ: TSLA) to combat petrol cars, the company’s executive vice-president Stella Li said in an interview with the Financial Times.

The electric car maker’s stock has been sinking “faster than a Cybertruck in quicksand”. Elon Musk’s company, like the US itself, seems like a sell.

Elon Musk's Tesla is under pressure in the world's largest car market from rivals including BYD that are fast expanding outside China.

In the case of Tesla (TSLA) , the answer is complicated. Musk's electric vehicle (EV) company enjoyed significant growth in the weeks following Donald Trump’s election in November 2024, making it clear that investors saw Musk’s proximity to Trump as a bullish indicator.

The company is offering 118 million shares at HK$333 to HK$345 each, according to terms of the deal seen by Bloomberg.