BYD's net profit rose 100% to $1.3 billion for the first quarter, while Tesla's slumped more than 70% in the same period.

China retaliated by slapping a 34% tariff on all goods imported from the US. The seismic trade taxes are poised to boost BYD’s business at the expense of Tesla, according to Wedbush analyst Dan ...

In the first two weeks of April, BYD registered 98,500 vehicles in China. The company, which sold 4.3 million vehicles in 2024, is targeting approximately 5.5 million deliveries this year.