Reddit Posts
Tesla Thesis, price targets & 50k swing options trade
Tesla Thesis, price targets & 50k swing options trade
5x bagger. Missted a 7x bag. Is this the way of r/options or should I save this from wallstreetbets?
Why I'm getting Tesla Puts, A Deep Dive into Earnings (A Must Read)
A Deep Dive into Tesla's Earnings (A Must Read)
Is China set for "finally" bottom and an epic rally?
A Lamborghini-Style EV: BYD Goes Upmarket to Outmaneuver Tesla
NIO - All time low - Time to jump in balls deep ?
Apple and Tesla may no longer be ‘safe investments’ as China’s troubles grow
Chinese electric vehicle company BYD in talks for potential acquisition of lithium producer in Brazil -Sigma Lithium, for a supply agreement
Want to invest in BYD through and ADR, but hear investing in the Chinese Market is risky?
BYD is the Alibaba of cars and it will have a similar faith
BYD Overtakes Tesla as World’s Most Popular EV Maker. Why is BYD's stock trading so low?
BYD Overtakes Tesla as World’s Most Popular EV Maker. Why is BYD's stock trading so low?
VinFast: from +320% to -86% in 2 months. What can we learn?
BYD electric pickup truck patent leaked, revealing new EV expected by the end of 2023
Premarket Moves: Tesla Dips on Deliveries, Disney Gains as Peltz Seeks Change
BYD, derided by Elon Musk, gives Tesla a run for its money
Rivian Down 9% as EV Maker Announces $1.5B Convertible Bond Sale
Are GM , Ford kinda Nokia / Blockbuster of Auto industries?
BYD - thoughts and mockery please
VinFast is now worth $190B, making it the 3rd most valuable automaker in the world
EV maker BYD buys Jabil's China manufacturing business for $2.2 billion
How is Vinfast generating this much Market cap? It's unreal
Tesla price cut comes as BYD calls for global EV domination
Tesla's China-made EV sales slide in July from June as BYD stretches lead
Check out this battery pack teardown comparison of TSLA and BYD - One more reason to be a $TSLA Bull
Tesla vs BYD battery pack comparison - just one more reason to be a $TSLA bull
Seen an article talking about the electric boat space, anyone have some insights?
China's Xpeng sees sales turnaround in second half with new EV mode
Shook my eighth ball, telepathically has indicated to me NIO will be out of business soon.
Tesla ($TSLA) vs.Boyd Gaming Corporation ($BYD) 2023: EV rivals are frenemies now; $TSLA stock halts slide as BYD nears buy point
Tesla ($TSLA) stock vs. BYD ($BYDDY) stock: Tesla tries to halt the slide; China's EV Giant Races Into the Buy Area
BYD stock up after earnings. Tesla EV price war is hurting it more than its rivals.
What are the most undervalued commodities in 2023?
Tesla margins in focus as EV price war kicks into high gear
Tesla’s shares are up over 70% this year. One market pro is bullish — but another isn’t convinced
Tesla’s shares are up over 70% this year. One market pro is bullish — but another isn’t convinced
Alibaba hands parched dealmakers a glass half-full
European shares of Deutsche Bank extended its share price decline to 10%; Deutsche Bank's U.S. shares fell more than 6% in the pre-market.
Will Tesla go up again (II): Tesla's competitive advantage
Will Tesla go up (a): a comprehensive understanding of Tesla
The Treasury Department says. Did we offend you?
The 10 longest-held stocks in Berkshire Hathaway's portfolio
China EV demand surged… NIO, XPEV and Tesla
Even the best investors in the world make mistakes, Charles Munger " investment in Alibaba was one of the worst mistakes I ever made.”
Berkshire Hathaway's Remaining Stake in Chinese EV Maker BYD Worth $3.9 Billion Despite Sell-Offs
Berkshire Hathaway's Remaining Stake in Chinese EV Maker BYD Worth $3.9 Billion Despite Sell-Offs
Charlie Munger says BYD is so far ahead of Tesla in China ‘it’s almost ridiculous’
Charlie Munger says BYD is so far ahead of Tesla in China it’s almost ridiculous
Tesla Model Y (its most popular model in China) is getting absolutely hammered by BYD.
FYI, Berkshire Hathaway sold more shares of BYD - HKEX filing
why haven't "ted and todd" and Charlie munger bought Tesla and is this a red flag for any investors?
Good article why Tesla, Xpev, BYD, NiO, Li will fly
BYD Company sales slump 36% in January due to Chinese New Year (OTCMKTS:BYDDF)
Warren Buffett Backed Chinese EV Player BYD Sees Strong Jump In 2022 Profits
BYD and Tesla Top. XPENG just sold 1200 vehicle in two weeks.. in last two
Tesla gross margin, better than expected, is the key driver of Tesla's current +75% rally in the first 3 weeks of 2023
Thoughts on Microvast, Potential US Domestic Battery Manufacturing leader
US, Japan and Netherland - Reached deal not to export CHIP to CHINA. What will be impact on TESLA, XPEV, LI, NIO, BYD & other car companies
US, Japan and Netherland - Reached deal not to supply CHIP to CHINA. What will be impact on XPEV, LI, NIO, BYD and TESLA (in China)
Tesla / BYD/ NIO/ XPENG/LI - People are losing jobs, recession predicted by Musk, Things are slow
Tesla/Enphase Etc: Diamonds in plain site
Tesla cuts prices in U.S., Germany in pivot to drive sales
BYD Stock Recovers After Warren Buffett Cuts Stake Again
Tesla cuts prices in China, other Asian markets as sales falter
Tesla Sales in China Slump as Competition Intensifies. China accounts for roughly 40 percent of Tesla’s sales but homegrown Chinese automaker BYD is gaining on its American competition.
Tesla Stock Vs. BYD Stock: Tesla Concerns Grow As BYD Unveils Super-Premium Brand, Models
BYD Overcomes Tesla to Become World's Largest EV Maker
Mentions
Costco sued for a refund before the ruling even came down. Basically pre-sued. So did Revlon, Bumble Bee, BYD, Prada, Dole Fruit, Barnes a Nobles, Alcoa, and so many, many more. Thousands of lawsuits are already filed from companies big and small.
BYD is awesome. I'm planning on getting a Seal soon
Tesla's new car registrations in Europe fell 17% year-on-year in January, marking the 13th consecutive month in which sales have shrunk across the continent. In sharp contrast, Chinese EV giant BYD has more than doubled its market share across the European Union, Britain, Switzerland, Norway and Iceland.
You're prohibited from buying BYD in the USA. If you could, TESLA is done for. Waiting for Elon to be deported back to his homeland.
This kind of stuff is exactly why I would only ever trust an EV from Tesla or a few Chinese automakers like BYD that have proven they're serious about EVs and actually know what they're doing. I don't trust ICE manufacturers to make a good EV that won't have battery problems like this, as stories like this show that they're the ones constantly having problems with their batteries because of their lack of EV expertise.
Assuming they mean that BYD keeps innovating and is gaining popularity across the globe mostly due to it's low price.
I’m going to be downvoted likely due to general bias of reddit against Tesla. Tesla as a car maker is far above and beyond in software compared to its peers. The latest FSD is good, it keeps on getting better, the trend is real. One has to experience it, cannot be evaluated just from the news. They do have a real shot at robotaxi. Yes, there are risks, but their stock value seems justified to me. I have a couple of friends who are deep Tesla lovers, a couple of Ford truckies, some deep into Lucid/Rivian and Tesla haters, myself am an old school Toyota person. So not statistically significant, but enough of a sample size from varying opinions. My buddy lent me his cybertruck for a week while he was away. I drove it every single day. Asking it to take all sorts of routes. Compared to 2 years ago, latest update is real good. For $100/mo, it’s a good bargain. It has very good awareness of its environment. While it’s not as perfect as Waymo, doing it with just cameras is pretty amazing. I had multiple 2+ hour drives with zero disengagements. I tried lucid, I have comma ai on mine, (I have not tried BYD). European automakers are asleep. They will be eaten alive. Those that owned Tesla were really deep fans. This is almost like early Apple loyalty. The lesson for me was, reading reddit vs experiencing product was very different things. Anti-reddit trading has a real edge in stock market investing. Too much group think, that causes excess greed and fear. Is Tesla overvalued? May be. It bakes in a very high future return based on thesis they will capture the self driving space at an absurd margin. It had some legs, but time will tell. The beauty of index investing is you don’t care about one or two players. You ride waves. The automation/AI wave is very real.
Tesla wasn't passed by BYD. It was passed by Lucid, Rivian, Mercedes, VW, Nissan... who all started creating competing cars, at the same time that overall demand for EV's is dropping. Tesla stopped innovating 5 years ago and Musk went on a right wing insanity march and tanked his own company. Tesla is headed towards Delorian territory. Meanwhile the stock trades at 100-200x earnings based on hope about space exploration and robots. Truth is that Musk will probably be able to engineer some kind of takeover or merger between Tesla, Space X, OpenAI, and maybe something else to capture the absurd valuation of Tesla. Definitely something to stay away from long or short.
I was just abroad and rode in several BYD vehicles. Each was nicer than any Tesla I’ve been in, both in ride quality and fit/finish. Tech seemed nearly identical. I’d totally buy one.
Economics is not. But meeting consumer demand can be. What do you think will happen to the demand for American cars from Canada now that they’ve agreed on preferred trade terms with China? When Canadians see what BYD can offer for $30k, American cars will be relics.
The automobile business has not been a good business for investors really, aside from a few examples: Tesla (largely because Musk), Ferrari (ultra luxury brand that happens to make cars), Toyota and BYD. In 2020/21, because people thought there'd be an ev in every driveway, people thought every single EV company was the next Tesla. It was not. There were auto companies that had been bankrupt before that went public in 2020/21 that have already went bankrupt again. The most ridiculous thing was Arcimoto, a goofy 3-wheel car that absolutely soared. The conference call included a banjo concert on the founder's porch. It went to 0 no long after. "The reason I’m asking is because AI stocks right now feel kind of similar." The "Ev in every driveway" view that too many people had was never going to happen. It wasn't realistic on a lot of levels. Alphabet, Microsoft, Amazon, and Meta are going to spend over $600B this year - people could have bought all the beneficiaries over the last 2-3 years and done better than owning mega cap tech ex-nvda. People anticipated EV demand that didn't materialize to the degree they hoped; this will be a mountain of money thrown at building data centers. The fundamental demand - whether one agrees with it or not - is there. I don't believe there was one mega cap tech capex announcement recently that wasn't significantly above where analysts estimated. "big narratives," There were a lot of narratives that people bought into in 2020 that they shouldn't have bought into to begin with including EVs - Evs don't change the fact that the auto industry isn't a good industry and Musk has said as much about the difficulty of the industry over the years. There still needs to be more investment in charging infrastructure. Rivian went public at a $100B valuation before selling a car and will probably never get back to the highs. People taking Beyond Meat to nearly $250 was also ridiculous.
Yes, China's FDI this year will be $127 Billion USD, with over half of that in energy and precious metals for AI construction. But exercise caution as The BYD "Blade Batteries" used since 2020 I understand use far less Lithium. Thus there might not be as large of a "fight" as you might think.
Chevrolet does this for South America, not BYD. https://electrek.co/2025/03/02/chevy-spark-returns-for-2026-as-affordable-electric-crossover-with-220-mile-range/
BYD and Geely could build EVs in US in next 5-10 years boosting competition and pushing car prices lower [https://finance.yahoo.com/news/chinese-automakers-want-come-us-120047759.html](https://finance.yahoo.com/news/chinese-automakers-want-come-us-120047759.html)
BYD is heavily subsidized by the Chinese government. No other auto maker can compete with that. The government gives BYD billions with the directive “go dominate the EV market”
I dumped nio as well have BYD now. However BYD was my favorite to ride in
BYD will bang out Elon's butthole
No, but if BYD has to use American labor instead of cheap Muslim slave labor, then redditors won't be able to buy cheap cars or support the CCP. It would just be awful to support Americans.
I was just there too and was very impressed. Going back in a few years to visit different cities. Thing is I didnt see Nio cars too often. Mostly saw BYD, Aion, xiaomi, Xpeng.
I’d buy a $15K BYD in a heartbeat. (USA)
Drove BYD overseas and all I can say is that if that brand enters the US market, it's all over for Tesla and other existing US brand. Hence why you'll never see it here lol
BYD makes a nice car, I’ve ridden in them outside the US. Even at 100% tariff, they would be cheaper and better quality than anything in the US. Sad but true.
They just gave us the green light to look into and even maybe buy some Chinese EVs. BYD, NIO or XPENG?🤔
Generally speaking? No, they aren’t. Or at least the 2-3 BYD cars I’ve seen IRL haven’t been. There’s definitely cars out that need more help or that have more egregious quality control issues, but “traditional” auto makers can produce something higher quality if they try just a little bit (and some have). Compare the price tags and suddenly that extra bit of quality here n there starts to look like a bit of a rip off though
I've owned a Nissan built in Tennessee, a Subaru made in Indiana, and a Ford made in Canada. No reason if the market demands it a BYD can't be built in America.
Now I can't wait to see American legacy car-makers rebadge a BYD or something. Extra points if they stick American flags all over the place Jeep-style to overcompensate like BMW-era Rover and woodgrain.
I had the opportunity to ride in a tesla, NIO and BYD in Norway last month. Guess which was the worst? Hint it wasn’t made by a Chinese company. Terrible ride, cheaply made, awful road noise. The only two good things I can say is I didn’t have to buy it and I got out of it at the end of the ride.
In order to compete Ford, GM will have to automate and bring a lot of manufacturing in-house. It will basically cut American jobs. > BYD (Build Your Dreams) leverages high-level automation, with some plants, like the Xi'an facility, operating at ~97% efficiency using AI-guided robotics, Automated Guided Vehicles (AGVs), and smart, real-time logistics. This vertical integration—producing ~75% of parts in-house—includes automated battery, motor, and semiconductor production.
I’m literally in china rn and checked out BYD +Xiaomi cars. Everything you do from parking to opening windows to turning on seat warmers and changing music, can be done hands free by commanding the AI in the car. Warranty for EV battery of 150k km or 8 years. And their batteries are already world leading: https://electrek.co/2026/02/05/xiaomi-su7-owner-puts-165000-miles-on-his-ev-in-18-months-battery-health-at-94-5/
lol they added BYD to the dangerous chinese companies list because... they're crushing tesla globally?? lmao
Xiaomi and BYD. Chinese companies will gain massive traction over the next years/decades. It is an inevitable fact
Thank you for proving my point. 🙈🙉🙊 Retard monkey no see, retard monkey no hear. China has built 140 high class universities in less that 10 years. BYD sells more cars than Tesla. Their pharma industry can market a biological product in less than three years vs 15 in the West. They own the rare earths supply chain to the point that Lockheed Martin is shipping F-35s without nose radars because they can't find the materials to make them. They built deepseek without H200 cards. They're hoarding gold to create an alternative to the dollar as international currency. They're making all the suits crap their pants in fear at the biotech company I work at, for crossing our 60 years old moat for the first time and already selling better products after 3 years on the market. They're absolutely dunking on the Western world and they're going for global economic domination.
Honestly, I still believe in EVs, but the Chinese market is overcrowded. BYD is just killing it and NIO seems to be the wrong horse rather than the wrong industry. I would take the tax loss harvest at this point.
I have never owned an EV company. BYD was the farthest along. The one Buffet bought a stake in and is up.
BYD cars have better build quality than Teslers
I saw BYD cars in Hong Kong ...zero distinction vs Teslas. That's old news but as we approach RJ Scaringe earnings call ...don't pretend Rivian isnt the easiest ev knockout in the world of green vehicle boxing 🥊
Again maybe 5-7 years ago but not anymore. Anyone who has seen a recent BYD, Geely or Zeekr model will note the software and hardware is a lot more innovative than just a few years ago. I would argue that more than Tesla, it was Apple that was instrumental in China's EVs. They literally created the entire software integration industry geared towards consumer electronics within that country to a point that now exceeds even US or EU standards. And what are EVs if not consumer electronics on wheels? Apple created this monster and then just decided to leave and not even pursue an EV. Which btw is the main reason Xiaomi built an EV in the 1st place: cause Apple was doing it too until they abandoned that project.
BYD is ceushing it. Id have bought one here in the US if I could.
I looked at [this BYD truck](https://www.motortrend.com/reviews/2025-byd-shark-first-drive-review) when it came out and immediately thought of what an F150 or Hilux competitor would do to the global market. Guess we'll be finding out soon enough.
49,000 Chinese EVs will be allowed in Canada after we removed tariffs on them we put on due to US request. People saying the sky is falling forget that Tesla was shipping Chinese made EVs into Canada before this. Some will surely be BYD coming in.
I agree. BYD is making incredible cars, idc what anybody says. Individual wheel suspension on civilian vehicles, recliners, refrigerators, heated and cooled seats, window shades, for under 30k
This was true maybe 5 years ago but not anymore. The Chinese car market is arguably the most competitive in the world right now. It's an absolute bloodbath and only the top companies like BYD are surviving unscathed. There was an interview a while back from a GM executive who spent time in China under a GM-Nio collaboration and he highlighted how insanely aggressive the Chinese market was with zero mercy. If the Chinese auto makers are allowed to compete in the US even with 20, 30, 40% tariffs the American automakers are doomed.
Just wait for BYD to hit Canada. They’re exiting because they can’t compete
>average BYD car can easily hit that mark AND have ranges better than the high spec EVs that are over 80k like the E-tron What "average BYD car" has a better range than the 392 mile A6 E-Tron? Listen I agree that the chinese EV's are very good for very good pricing but afiak there are *none* that will beat nearly 400 miles of range nevermind the "average" one beating it.
Will drive my Japanese made Subaru until I can buy a Chinese BYD for $30000.
Canada can't afford to lose the US automakers. You're talking about hundreds of thousands of Canadians losing their job. Ontario would lose billions in trade, not millions. Also, there is something stopping the Chinese besides themselves. Canada isn't opening the flood gates, they're allowing 49,000 a year to be at regular tariff rate and after that 49,000 will be tariffed at 100%. Also, I'd highly recommend avoiding BYD for a few years.
Trump forced a trade deal with Thailand, opening the market for US cars. But even without import tariffs they'd have to compete with Chinese cars and Japanese cars made in Thailand or China. The [Hilux Champ](https://www.toyota.co.th/en/model/hilux_champ/grade) starts at $20,000 and it's probably a much better car for the small roads here. Ford does have some production here selling smaller pickups. But US import cars are gonna be a hard no for most people here. Meanwhile it feels like every second car is a BYD or other Chinese EV.
Ya because it’s a state run business. Nonetheless, I wish I had a BYD car. They’re fucking sick
The Chinese government owns or part owns most of the largest manufacturers. They can afford it, and it's not like the CCP is about to get voted out of power at the next democratic election BYD and GWM are exceptions. Berkshire Hathaway owned about 10% of BYD until recently.
Ford EVs aren't frankly really that bad. Mach E is good. Capri and Explorer EV are basically VAG cars. The Puma is decent and as best as I can tell no worse or better than a BYD Dolphin. IDK what structural reasons you are talking about, other than that EVs require good charging network and it takes time to transform a brand, vs the Chinese brands that were EVs from the get-go
Western auto companies were de linked from the tech revolution. BYD came from batteries and mobile phone market. This is a classic case of IBM or NOKIA or Motorola not understanding new tech ie software at the time and losing entire markets. Us auto giants are dinos that reaped what they sowed. Americans talking free market and competition only when it suits them.
No you are disaggregating things in error. It's all of those things combined. It's land, industrial policy, and also monetary policy (access to cheap credit that's not traded on a market), and also R&D spending that is going up crazy (31% YoY increase for BYD). Like I said, there is not a single example of infant industries taking off without protectionism. Western economists erroneously call this the "Bairoch Paradox".
GM is up 72% so what? TSLA is underperforming and still has stock price increase. BYD operates in EV market. Ford also has EVs and it does not manage to sell EVs. If you look only at shares, you are blind.
China ain't just eating, China's about to be the chef now that Canada is sick of US automakers and are importing Chinese vehicles. There's nothing stopping them from totally taking over the entire market on the lower end with how the deal they made is set up. Half of all the cars imported are supposed to be models that are under 35,000 CAD after import. That gives them a lot of wiggle room considering an average BYD car can easily hit that mark AND have ranges better than the high spec EVs that are over 80k like the E-tron and blows cars like the Blazer EV and F150 Lightning out the water.
I'm in Singapore and exposed to BYDs for the first time. All I knew about them is they are pretty cheap, but I thought they were perfectly nice cars. As much as I want to be doomer about this ("strategic industry!" "we need to protect the auto industry!" re: the Biden administration)... the same thing happened with Japan in the 1980s. If American auto can't compete in the era of EVs, well so be it. In all honesty they brought this upon themselves by not popping up Joe Biden and, in Elon's case, propping up Trump. If you don't want to come out in full throated support of the man who brought you the IRA, and instead stand behind a man whose brain stopped developing and learning in the 1980s, then ok! Sayonara. Well, zaijian I suppose! I personally have a feeling what'll matter more is having the best self-driving technology that can then be transplanted onto whatever car anyway. In that sense, it's really a race between Waymo and whatever China's doing on that front. If the future of cars are mostly just self-driving ride hails then it won't really matter if that car is a BYD or a Toyota or a Ford.
>They should change their name to BYD to try and sell more cars lol, why? BYD is fucked. Sales are down, waaay down, and the material cost to make EV's is skyrocketing. https://finance.yahoo.com/news/byd-60-billion-wipeout-points-045921915.html
BYD is short for bring your dick. They're showing there's, Elon isn't.
> You do realize that BYD doesn't sell their cars in the US, right? Essentially Ford got fucked by the pedo in chief. You do realise that Ford is fucked since decades, right? 2025? 2024? 2023? 2022? 2021? 2020? And so on. There were no tariffs in those years but there was EV gov money. They still suck. Ford is bad. >Was it wise to stop making small cars? Probably not, but they stopped years ago, so it's not the main issue. No, the mai issue is still grabbing in the ICE production when they needed to shift years ago, making shit EVs that nobody wants (it drains a lot of money to be able to make 1 car from R&D to actual selling), lack of innovation, sucking on gov EV money as main source of money and discontinued production of some cars like Ford Mondeo.
You do realize that BYD doesn't sell their cars in the US, right? Essentially Ford got fucked by the pedo in chief. Was it wise to stop making small cars? Probably not, but they stopped years ago, so it's not the main issue.
They are now BYD F. Beyond Fucked.
Maybe if all of Ford's vehicles didn't MSRP at $80k+ they could compete with BYD. Ford is too busy selling the biggest truck that street legal so their margins per unit can be higher. Their asking price is unreasonable, but they pander to cowboy cosplayers who will never need their 4wd. If the economy was great, they'd be fine because people can do a 9 year car loan or some shit. But the economy is dog shit. Wages are shit and everything is expensive. So their luxury pickup trucks are not gonna sell. Here's what's fucking hilarious: this is only going to get worse. Ford literally can't dig themselves out of this hole because they don't have the factories to compete with a Honda Civic or a Prius, which cost half as much and have triple the lifespan. Here's what's even more hilarious: they'll lobby the shit out of Donnie and tell him he has the biggest, veiniest cock or something, and then he'll bail out Ford to the tune of billions of dollars. And American taxpayers will be stuck holding the bag.
2 billion dollars would fix… the 2 main problems? Let’s see: Ford’s main strat for 2025 was gov money for EVs. That failed, it was a dumb thing. BYD has unfair advantages because China pumps a ton of money in it + sweatshops. BYD out-sales Ford because of this. Hmmmm, how can 2 billions fix those 2 issues?
Ford relied in 2025 on gov EV money. That’s gone. Ford went down. That is a regarded strat. EVs are still expensive as fuck. In general, since 2018-2019 it was promised that EVs would be cheap because of streamlined production. EVs are still expensive. Ford is being outpaced by BYD, a chinese backed company, backed with a lot of money. Do you think that Ford and BYD play by the same rules of the market? No.
There is no L. You tell me that Ford is doing poor mainly because of tariffs which in reality, no. It says in the article that their nr 1 was the removal of EV money from gov, unfair advantages that BYD has. You can remove tariffs, Ford will still have those 2 main problems.
BYD is subsidizing w Chinese gov money too lol. More so than a tax incentive. Your own points are arguing with themselves. It’s clear you don’t know what you’re talking about
BYD is a wing of the Chinese government.
They should change their name to BYD to try and sell more cars
I hope a whole convoy of those BYD's drive over the bridge once it's done and drive all around his golf courses
All about BYD? If anything it’s all about tariffs. We started a trade war with the globe. New trade alliances are being forged around the globe as a result. BYD, whiskey (mentioned by POTUS) steel, beef and dairy are a few of the contentious industries/companies but the trade war is the meta driver. Not any single industry or company.
This is all about BYD. BYD is a China electric car brand that is super affordable and Canada just announced they plan to start allowing the sale of BYD. It’s banned in US to coddle the US car manufacturers and keep their prices inflated.
BYD is willing to sell their cars on very slim profit margins just in order to grab market share and they won't be profitable selling this cheaply. There's a lot of questions about the future of Chinese EVs once they flood a market and demand falls like what is happening in Thailand as some Chinese EV companies are closing down due to fierce competition because everyone has to be extremely price competitive because there are so many players in the EV market.
US Dealership don’t care about 49,000 BYD entering Canada… This article is ridiculous, the dealerships worry about US market, not Canadian market.
BYD isn't free market. They're one of the most heavily subsidized manufacturers. https://electrek.co/2024/04/12/china-gave-byd-an-incredible-3-7-billion-to-win-the-ev-race/#:~:text=Jennifer%20Mossalgue%20%7C%20Apr%2012%202024,Tesla%20or%20VW's%20joint%20ventures.
I’ve seen BYD vehicles. Nice looking. Nice amenities and tech. Great cost. How does Canada plan to ensure they do not have communication back to China?That they can’t be disabled from China?
BYD is on track to end Tesla once and for all. Why do you think America has banned Chinese cars in the US?! They know what China will do to Tesla and other US brands, China is just next level.
BYD producing 2.5x the cars with only 14% higher revenue is actually just wild. After seeing the xauimi car, like yeah the reviewers aren't digging deep into what's under the hood, but the insides and all the touch surfaces seem really high quality for the price you're paying.
Ferrari and Hyundai are have P/E just over 30. Ford, Renault, Nissan and Suzuki around 15. BYD is the highest non-Tesla manufacturer and they are at 43. Tesla is 250. Okay, but what about the tech sector. What if we valued Tesla as an AI company? Alphabet have a P/E of 32, Meta at 15, Microsoft at 28, Nvidia at 45. Like, there's no non-Musk related reason why Tesla have a market cap above 300 billion USD, but it is at 1300 billion USD
Elon is a well regarded autist - the only sin he committed is by ignoring BYD. Elon could have bought into / taken over BYD and all other new EV companies. Dude is smart but not smart enough to smell the fucking coffee. Robots, yes Hyundai does them too, robotaxi - Waymo and baidu are established already. Going to Mars - I don’t care!
BYD selling very well in Australia and are not banned in Europe!!
I wish. I(an unfortunate american) have been wanting a BYD since I first saw them. I hate that were stuck with tesla.
This whole dynamic is easy to understand. Guy A and Guy B both in the E files, they're in the same boat right now. Remember Guy A called Guy B names but suddenly they're friends again, it was all an act. Guy A mad that BYD about to eat Teslas lunch (See trend in australia where the chinese EVs are outselling Teslas). Guy A has influence over Guy B (he's world richest man) and says this is bad, punish Canada, so Guy B goes along with it.
This whole dynamic is easy to understand. Trump and Elon both in the epstein files, they're in the same boat right now. Elon mad that BYD about to eat Teslas lunch (See trend in australia where the chinese EVs are outselling Teslas). Elon is Trumps handler (he's world richest man) and says this is bad, punish Canada, so Trump goes along with it.
I really don’t see how Tesla is better than BYD. I can’t imagine the crash tests are better. It’s easy to see why the idiot in charge doesn’t want Chinese competition.
I am going to visit Canada to buy the Kia PV5 and a BYD to bring it back to the state
If the US ever softens Chinese tariffs, Tesla is going to be in huge trouble. Tesla has razor thin margins and the price gap with BYD is huge. Elons entire house of cards would begin to fall if Tesla fell apart bc xAI is losing so much cash so quickly
BYD and other are also building factories in Europe to get past the tariffs the EU imposed on Chinese import. Canada could do the same.
Yeah, I'm the moron. Incase you haven't noticed automation taking over manufacturering jobs. BYD has a plant that is 97% automated. How long before US manufacturing goes the same route? Sorry to crush your dreams of driving screws into an iphone.
This comment is hilarious given that Tesla is doing business in Canada but BYD isn't in the US because of US government policies.
I am not a fan of the PRC, at all, but BYD vehicles are pretty good quality. They're not kicking Tesla's ass in several markets for no reason.
Stop, stop, I'm already buying BYD next car
> Can't wait to get my BYD. Check out JETOUR... I see them all over in the middle east and I LOVE them! It's like a more reliable Land Rover Defender lol!
TSLA was half the price it is now before Orange got elected, it could just as easily get back down there if Blue team win midterms. Between BYD coming to Canada, autonomous vehicles space facing a lot of competition, including from NVDA, and most of robotics and talent in China, it just seems like a moronic risk/reward to bet on TSLA.
BYD is the carmaker you want to buy. the others are upstart hit and miss. they need another 5 years to mature their product. BYD have been around for ages and have a mature product which is excellent. They been in Australia for a long time and are doing very well. MG is cheap as hell and you get what you pay for. if you buy one expecting to throw it away when the warranty runs out in 7 years, that about where you should set your expectations. We don't have snow/salt here, so the jury is out on how well they will cope with salted roads.
> BYD sells fully electric cars for 15k. Its ridiculous how much they cost in America. You'd see the price drop in the US real quick if the US spent the NIH's budget/the budget of Norway's entire public healthcare spending on subsidizing Americans EVs. The EV market would be closer to 35-40% cheaper if the government used your tax dollars to pay more of the cost.
In 2024 Ford made 185B in revenue and paid 1.33B in taxes In 2024 BYD made 108B in revenue and paid 7.35B in taxes Amusingly BYD has a claimed lower effective tax rate at 16.3% despite paying a far greater share of its revenue as taxes. Because our tax code is written to subsidize corporations. One creative way we've found to subsidize the purchase of new vehicles is by allow commercial vehicles over 6,000 lbs to be depreciated at 100%. By giving people a massive tax benefit for purchasing a new vehicle, you're subsidizing it. **Your argument relies on ignorance born of not understanding that there are ways of subsidizing an industry other than by writing a check.**
They start selling in Indonesia in 2024 and last year they released their cheap fully electric city car which cost around 12k in USD and it disrupts the market. All other Chinese brand start to lower their prices and release new model around the 12 to 15k like Jaecoo J5 and they sell fast. It pressures Toyota to release their hybrid family car model at around the same price otherwise chinese brands will keep eating their market share. Before chinese brands enter the market for around 12 to 15k USD you can only get ICE model with very limited features (forget android auto or carplay, some models do not even have bluetooth to connect to the infotainment system) and safety. Now, at around the same price you get ADAS, electric seat, fully featured entertainment system, 6 airbags and all the standard safety features. Currently in Indonesia, Toyota is still the market leader but BYD, Denza and other chinese brands are growing rapidly.
The BYD Atto 1 in Australia is about $24k before taxes, so they will still be well priced. And they cost peanuts to run.
I saw the same post and I don't believe it was a BYD
Bailouts usually only occur when the company is failing. BYD has way more automation than any plant in North America. > BYD leverages high-level industrial automation, reaching up to 97% in facilities like the Xi'an plant, to produce EVs and Blade Batteries efficiently.