BYD is making their biggest profit on battery production, which probably accounts for their cash on hand.

27% increase in energy density. Wow, BYD is really killing it with new battery tech. Seal is beautiful, $25,000 and surprisingly good quality. China (30 million) & US (15 million) new car sales close to 60% of global total.

@yo2trader539

8 күн бұрын

Chinese batteries are the least reliable.

The bike sharing still exists in China. It’s just now run by Didi (the big ride sharing company), Meituan (restaurant directory and delivery company), and Alipay (part of Alibaba). Basically the startups destroyed themselves fighting each other and then the big tech conglomerates just ate the whole market.

@alfeeman

Ай бұрын

the startup’s aim is to be bought out by the big players, they are gone but the founders are still winners

I’d buy a BYD plug in hybrid in a second, if our government would let me.

Henry Ford did the same thing with the Model T. He partly did it to buy out his major investors - mostly the Dodge brothers. He decreased the per vehicle profits of Ford Motor Company, but sales increased and the stock price increased- making the Dodges wealthier - which was not what Henry wanted. 1923 was peak Model T sales year, then pretty much everyone who wanted a Model T already had one.

@dawebslave3571

Ай бұрын

Tesla could not make the balance before they opened the Gigafactory in Shanghai.

They are doing a great job one way or another! Well done BYD!

@jono601

Ай бұрын

How is an achievement when the company is basically the Chinese communist party? Why don’t you also congratulate the Soviet Union for their success?

@RealJeep

Ай бұрын

Thank you Little Pink.

BYD make alot more cumulatively in battery than car.

@cifey

Ай бұрын

Time for a Xi trust bust...

I'm sure BYD make more on hybrids - a slightly refreshed but basically a small crude 2 decade old petrol engine and a small battery. But given BYD has been pushing BYDs for nearly 15 years including a lot of bus, coach and vans. Plus they started out as a battery maker nearly 30 years ago, I reckon they are still profitable on most of their electric cars.

BYD’s gross margin is higher than Tesla’s. But BYD invests more on r&d that is why its net profit is lower.

@user-nf4st5kn6l

Ай бұрын

I do not think so

@ciybersal3499

Ай бұрын

Correct

@elapplzsl

Ай бұрын

Lol probably not, Tesla makes the highest margin.

@larryevans6739

Ай бұрын

​@@elapplzsl Tesla makes the most net margin. Net margin includes things like taxes, R&D and operating expenses. Automotive Gross Margin is the difference between cost to make a vehicle and what you sell it for. BYD made roughly 25% automotive gross margin, while Tesla made roughly 15%. Tesla's automotive gross margin is also less than Toyota and roughly in line with Ford. BYD outspends Tesla in R&D, but pays less in selling costs, which are higher for Tesla due to their direct-model. Tesla gets $1.8 billion in regulatory credit revenue which makes up 12% of their net. But the biggest difference is tax subsidies. BYD pays corporate income tax while Tesla has never paid US corporate income tax due to subsidies in the tax code. And Tesla pulled forward $5 Billion in tax advantages and counted it in their net income for 2023 as a one-time adjustment. That is why their net income is 50% higher than their EBITA.

@larryevans6739

Ай бұрын

BYD's automotive gross magin is significantly higher. People who doubt that should actually look at their income statements. Tesla also got $1.8 Billion in regulatory credit revenue. But the thing that inflates Tesla net margin the most has more to do with tax subsidies. In 2023 specifically, Tesla pulled $5 Billion in tax advantages forward as a one time time adjustment, accounting for 1/3 of their net margin and raising their net profits 50% higher than their EBITA.

according to the financial data Tesla has a gross profit Margin of 18,2% in the last 4 quarters, whereas BYD had 19.8% ... sure this is the whole company and not only EVs but nontheless the numbers are very simmilar.

The UK had a lot of independent car manufacturers until the 1970's. Then came 'survival of the fittest' and only a few carmakers remained. The same will happen in China. Apart from that the key is: Batteries. If you build and control the flow of batteries and you supply other carmakers, you can disrupt their supply at any time or create a shortage. You can push the price up for them. Unless they have an alternative, they're screwed! Therefore, if Western carmakers are years behind, no batteries = no cars. BYD will increase their export numbers every year as they build batteries to power their cars and ship them abroad in their own ships. They don't need to rely on others. Tesla and BYD will win out eventually, other Chinese EV makers will cease trading and Western brands will diminish, particularly when they rely on building 'Western' EV's in China so they can make larger profits.

BYD is playing the long game..with their vertical integration (better than Tesla’s) going all the way back to the lithium mines…nobody can build an EV as cheap and as high quality as BYD…other manufacturers will go broke trying to compete and BYD will buy them up at pennies on the dollar and expand….BYD ceo is the Chinese Elon Musk…imagine if they merged (as I suggested in an article back in 2012)…unbeatable!

@fractalelf7760

Ай бұрын

lol on what evidence is their vertical integration better than Tesla? And do you truly think Tesla of all companies is not playing a “long game”? Really? And let’s be honest, BYDs CEO is a pale imitation of Elon at best, like comparing Cod to Alaskan Salmon… sales just went into the toilet for BYD last quarter…

@justinr9753

Ай бұрын

Both BYD and Tesla are mining, BYD has had issues in Chile, Tesla in Indonesia because they thought they would be able to mine like they do where there's no enforced regulations and destroy the environment.

@fractalelf7760

Ай бұрын

@@justinr9753 WTF Tesla is more green than anyone - evidence for this claiming of anti-environmental mining? Put up or its a lie.

If their balance sheets improved faster than they accrued earnings, most likely they were a net seller of stock.

The result of competition is that consumers benefit. Instead of manufacturers making high profits.

@stefan2796

Ай бұрын

EVs are still very expensive. In Europe, US: around $50K...

@colinwiseman

Ай бұрын

​@@stefan2796was it your lie that eclipsed the sun the other day?

@fractalelf7760

Ай бұрын

Teslas profits go towards making a better future, no harm there. They are not about lining their pockets.

@nguyenhanh9479

Ай бұрын

if you sell car at low to negative profit how the F are you expect to pay employee and re-invest in your business ?

@colinwiseman

Ай бұрын

@@nguyenhanh9479 because you don't understand how business works. Debt is an allowed thing. By under cutting, to put your competitors out of business, you're seen as an asset to debtors. So they'll keep lending knowing at some point you'll raise prices and rake it in.

Been an entrepreneur in the past and know what "race to the bottom " strategy was like, in the end it was so soul destroying to even wonder why you got up to work every morning hence you would throw the towel in. A sad sad situation. BYD should stop this behaviour and start to think. Competition is actually healthy for any business.

@America_bombsTSMC

Ай бұрын

i dont see BYD using the RtoB strategy, it creates a lot of workable technology more than any car company in the world. It wins by new technologies. More people buy tesla car, becauze of politic reason and worship (not goodwill) of american products. Does Biden dare to open american market to chinese cars, Chinese administration can do for decades. Competition is actually healthy for any business? talk to him not using national security.

@elmohead

Ай бұрын

They make $1k for every BYD sold and make $5k for every Tesla sold.

Scary... and great perspective! 😎

True market capitalist economy. The strong stays and the weaker go down. I thought this is what is taught in our textbook.

@229andymon

Ай бұрын

Yeah, but as soon as the strong have destroyed the weak, they then turn on each other.

@cheeweeiteoh4545

Ай бұрын

@@229andymon Do not worry. Change is a constant. Nothing stays the same. Something new will always happen. New innovation will happen and company go up and down.

@America_bombsTSMC

Ай бұрын

this was the reasons that america was talking about globlization to facilitate its giant companies. now america is talking about national security, while its strong companies becomes weak.

Imo byd is setting its sights on Japan and its plug in hybrid market.

@fractalelf7760

Ай бұрын

LOL good luck to them…

@justinr9753

Ай бұрын

I was looking at the Numbers because Daihatsu thing. People still want Toyota, just not Daihatsu.

Doesn't Tesla get Subsidised by the tax payer in usa

@mrc1436

Ай бұрын

All car companies in US get subsidized GM for instance got 100’s of millions in special ultra low interest loans and no pay grants for EV’s from US government.

@manimalworks7424

Ай бұрын

No, we call that incentive.

Byd ev 👍 now isntall that updated blade batteries now.

A CEO of a company I worked for once stated his philosophy: Profit Follows Growth. Seems like BYD agrees.

BYD is producing more hybrid than BEV

@chillfluencer

Ай бұрын

...because BYD knows how to convince more people of complete BEVs faster. Tesla puts no effort into that overall goal but is just interested in milking a few Tesla owners because it is easily satisfied with its selfish goal. Chinese BEV manufacturers will last way way longer than Tesla...which night only exist for 100 to 200 years...nothing compared to China and Chinese vehicle companies.

@user-nf4st5kn6l

Ай бұрын

Yes. It is a pain.

@colinwiseman

Ай бұрын

They need to to get the non EV lovers on board.

@America_bombsTSMC

Ай бұрын

PHEV is a must for some places, cuz charger stations installation needs time.

@makesirich-ps6zw

Ай бұрын

You are wrong. Since last year, BYD's EV sales have been higher than Hybrid. Sales data is public and can be checked at any time.

Interesting and informative video.

@electricviking

Ай бұрын

Glad you enjoyed it

That's funny that Tesla profit is right about where the subsidy is because both Ford and GM was going to have $7000 and $5400 discounts as soon as subsidies ended. Just goes to show where the subsidies go because you know they would drop the price without them

Sam is pivoting so much now 😂 Toyota correct 👍

@jasoncarmichael4540

Ай бұрын

No he’s just telling you what byd is doing , my god

@markdev4796

Ай бұрын

Why do you watch the channel to do nothing but troll, is there not more to your life?

@TomTom-dy6qr

Ай бұрын

Toyokia 😂

@crm114.

Ай бұрын

Ah yes, Toyota, the company with the biggest dept of any on the planet.

BYD are doing a Tesla Tesla used to be about getting as many cars out there so that FSD can be implemented across the fleet. Now BYD are doing exactly that. (Whether they have their own version of FSD under development remains to be seen.)

BYD is making a profit, albeit a few thousand per car. That's progress. Comparing BYD's profit margins to Tesla's profit margins is a bit unfair. Everyone with even a little car market knowledge knows that no carmaker can be compared to Tesla at the moment.

This just proves that BYD will be underwhelming when it attempts to compete with other automakers by building vehicles outside of China. If they are only averaging $1750 now, imagine the loss per vehicle when built in a European plant…. BYD builds great batteries- but they are stuck in olden times along with everyone not named Tesla in terms of vehicle simplicity and design.

Cheers mate

Question, BYD plug in hybrid has only 1 motor for driving correct (electric motor) ? Why Toyota plug in hybrid has two motors (1 electric motor & 1 petrol motor) for driving. If this is the case, 1 motor is better (less parts, less problems).

No company can run their factories at 100% utilization. You'll wear out your staff and the manufacturing equipment. Factories have to be re-tooled, cleaned, and repaired. I really found your comment that companies should be running at 100% utilization completely ridiculous.

Morning mate

If the price difference were much different I would buy a BYD, but in Norway price from a Tesla and BYD ain’t that great difference. Would you buy an iPhone or a Chinese made phone if the price were only 10-20% difference? BYD dolphin 299k vs TM3 380k. If BYD dolphin cost 200k it would be worth to buy. Tesla tech and service/style alone worth 80k.

BYD is vertical integrated and shifts / hides its profits on different levels (for instance by battery production investments). The new BYD Hybrids have a battery for at least 100km of EV range, enough for most city-dwellers. (as you know is the gas consumption of ICE cars until 60-80km/ hour relative high). The fact that Tesla has only 2 good selling models worldwide after 5 years, will bring financial problems in the future......

This may be an accounting trick & some of the profit is taken up in the battery company.

The reason BYD use larger batteries is to compensate for them being less efficient than Tesla which is why they use smaller batteries. This has been proven with a few auto motive tests. Which car etc and bigger batteries more weight so hence the nearly 400 to 500kg heavier BYD Seal.

You don't profit by selling. You make by producing or reduction in production cost.

Thought I'd comnented but it seems to have disappeared Seems to me its all about supply and demand. Currently in China there's more demand for PHEVs than BEVs. BYD has both in its portfolio so it can meet this demand. Tesla doesn't, so it can't. In the last qtr, Tesla made 50k more cars than it sold, yet the official blueb was all about supply side hiccups. If true, that should have meant a shortage of vehicles not a glut. Hmmm. Tesla's biggest problem is that the rhetoric (eg "FSD next year" - every year since 2016) always overstates rather than understates. At some point this comes back to bite the hand that feeds it.

Thanks!

@electricviking

Ай бұрын

Welcome!

Tes price down more

Tesla is able to make a lot more profit in US, BYD is not present and won't be allowed in. Lack of competition is why Tesla has a bigger profit. Musk also said he can't compete if Chinese manufacturers come in

kind of weird to go after market share on a one time purchase.

BYD is going after the global EV market by killing the competition. They play the long game.

Tesla need to pay for CATL and other supplier's profit on every car sold, whereas BYD is far more vertically integrated and retains all profit on batteries and inputs, It's physically impossible for Tesla to make more profit per car than BYD. What BYD does that Tesla doesn't is invest that profit into more R&D, better battery chemstry, new inhouse 800V power semiconductors, whereas Tesla lets CATL do the R&D and reports unspent profit as "higher" earnings for stocks, that's the only reason Tesla's net profit look better than BYD. At end of the day the two companies aren't comaprable, BYD makes trucks, buses, cars, SUVs, batteries, chips, storage, and everything in between, whereas Tesla builds a car using sourced parts and sourced battery. Tesla is a modern day coach maker, BYD is an Ford.

2000 km range??? That's( carry the one) 1243 Miles. 🤔 That would make a good taxi if it's reliable

That’s why they are trying to sell more cars that way their profit per car will go up. Also they don’t have any charging infrastructure

Hey Viking, did you see Sandy Munro's video, where he was speaking at the same forum as Xi Xinping(?) The Chairman said 50% of Chinese car companies would not exist in 2025(...!) Yeah, the CCP has its favorites, but even if only ten remain, they will be the ten that nobody else can beat. Tesla is going to stay competitive in the Chinese market, not looking for more market share to embarrass it's hosts, but 10-15% of a market with 350M 'middle-class' consumers should keep everyone happy, which is why Tesla can buy batteries from BYD and/or CATL without any conflict over price/performance. Tesla alone is the Chinese model for a capitalist Enterprise in China. It is their country, their markets, and when you are the guest you should not embarrass your host in any way. China, given the North American and European anti-EV Tesla experience, has been the most productive, least dramatic, and easiest business/public environment.

GM and Ford lose thousands of dollars on every car. Scaling production is key to profit, Ford and GM are winding back production The road looks very rocky for these two.

Given the profit difference and the price difference (not a lot) it is obvious Tesla produces their cars for a lower cost than BYD - sure, BYD sells millions of cars at a low profit and thereby makes a large profit over a longer period of time by building their market - that's how China plans, in decades and multiple decades, as opposed to the western model of months and years...

@nagki

Ай бұрын

BYD makes cars from entry level to luxury models, just imagine the flexibility in manufacturing they must be having. I don't think BYD needs multiple decades to breakeven the profit. They sell thousand other things from small hatches to busses and trucks, not to mention the profit making plugin hybrids that Tesla doesn't sell. If Seal entry model costs 25k USD, how is that expensive than what Tesla is doing?

@bubuneowoo6161

Ай бұрын

BYD margins are 23%, higher than Tesla's! No amount of desperate pumping will save TSLA. Already down 33% YTD! Wait until the first quarter results are announced. Another BLOODBATH!

@larryevans6739

Ай бұрын

That is quantifiably false. Gross margin is the measure of cost of goods sold (COGS) versus what a company sells them for. BYD's automotive gross margin was roughly 25%, while Tesla's was roughly 15%. Tesla does get 1.8 Billion in regulatory credit sales in addition. BYD does spend more on R&D, which is an operating expense. Tesla has higher selling costs because of direct sales. But the biggest difference is tax subsidies. BYD pays significant corporate income tax while Tesla has never paid US corporate income tax. And they pulled $5 BIllion in tax advantages forward, 1/3 of their net profit, as a one time adjustment. Tesla's net margin was 50% more than their EBITA because of this. In other words, BYD produces their cars for less compared to what they sell for. Tesla gets more in regulatory credit subsidy revenue. Tesla spends less on R&D. And Tesla gets dramatically more in tax subsidies.

Is it wrong trying to kill your competitions? In the early years of automobile industry, the number of active automobile manufacturers dropped from 253 in 1908 to only 44 in 1929. Now days there are only 3-4 in US. Competition creates industry. Unfortunately there is no competition in US any more for almost all industries.

@koenraad4618

Ай бұрын

western industry is a big blackrock-vanguard cartel, invested interest kills innovation

@229andymon

Ай бұрын

That’s the paradox of capitalism. Without state control (anti-monopoly) regulations, the private sector would destroy itself.

@yammybolo222

Ай бұрын

@@229andymon I think you will find it is state control and regulations that prevent new entrants into the auto market as it is simply too costly to enter with far too many rules/regulations…Tesla was a 1 in a million shot

@colinwiseman

Ай бұрын

​@@yammybolo222 I think you'll find that those rules and regulation don't hinder competition. Being able your under cut your competitors to put them out of business is easy when you've been doing it for years with a big bank balance.

@colinwiseman

Ай бұрын

​@@yammybolo222(without those rules and regulations there would be a fair few more deaths on the roads...)

1250 a car if this is true that means the thousends cars standing outside to rot they are word if complete 1250 take it or leave it.

Take out $7,500 Tesla gets in US and it’s not so great is it?

I need no car! Good for me!

Corporations must make a reasonable profit off their products. When an electric vehicle is sold there is little maintenance or other aftermarket profits to be made. When gasoline becomes too expensive because most vehicles are Electric, the World Market will be replaced by Electric vehicles. This saturation will force electric vehicle manufacturers to slow production, due to the electric vehicle used car market. And electric vehicles last much longer than gasoline vehicles. Tesla is solving that problem with full self-driving and robotaxis, not to mention Tesla's other ventures. After all this time Tesla is still the only significant electric vehicle manufacturer in the world.

How many white shirts does this man have ?

Is profit on the agenda in China? Or is it more like a protracted erosion of competition regardless of the consequences. Isn't this in keeping with the long game? I never thought the purchasing of products would be determined by geopolitical influence.

I agree with the comments that capitalism is a good model, but that you also need government control of monopolies if it gets out of control and one or two is dominating

That's the Chinese model for manufacturing; make many products at a low price rather than a few products at a higher price and eventually you will dominate the market - now tell me that is not working....

@andynguyen144

Ай бұрын

It isn't byd stands for burn your dreams. They catch fire even when you're sleeping 😂

@harrylo2316

Ай бұрын

​@@andynguyen144Pfffttt - how is your backwards country doing with Vinfast? 😂

@andynguyen144

Ай бұрын

@@harrylo2316 I'm an American sir. Vinfast will BK even with government subsidies.

@harrylo2316

Ай бұрын

@@andynguyen144 You're not fooling anyone with a name like that.😂

BYD still get a little profit

@larryevans6739

Ай бұрын

BYD's profits went up while they also cut prices last year and subsidies were phased out in China.

Consumers will benefit in the short term but it'll be a different story when Chinese producers - effectively govt entities - control the EV market. There will be NO competition.

As long as they aren't fake Evergrande profits, they're doing respectable for a Chinese EV/hybrid/battery company. I'll hold on to my BYD stocks and I suspect you will too, Sam ... right?

@RealJeep

Ай бұрын

Way to support a repressive communist regime comrade. Xi will be proud.

WHAT ABOUT MI EV COMPETITIVENESS.???

I got to handle it to the Chinese byd to destroy the ev market around the whole world

7 times profit but 1USD=7 RMB, quite reasonable.

It shows you that BYD gives better value for money than Tesla. I jumped to the opportunity and bought myself a ATTO 3

Competition is between EV and ICE

But Mr Wong is the nice guy here, right?

Making a profit is really easy when car purchases are funded by the taxpayers. ( Federal Tax Credit).

People forget that BYD is still primarily a battery company. They make $1k per car sold, and they make $5k per Tesla sold.

BYD profit margins are the the same as every other auto manufacture (

Yellen - ' China's BYD is just another over capacity scrap metal production - nobody would fancy Chinese cars ... '

Sounds like Tesla are gouging their customers…not sure that is a good message Tesla Viking

@larryevans6739

Ай бұрын

More like Tesla is gouging the US taxpayer. BYD has roughly 10% higher automotive gross margin, which is the difference between cost of goods sold and what you sell them for. BYD does spend more on R&D (more than their net profit), which does reduce their net margin. But BYD also pays corporate income taxes in China. Tesla has never paid US corporate income tax, gets $1.8 Billion in US regulatory credits (12% of their net margin), and pulled $5 Biillion in tax subsidies forward as a one time adjustment (1/3 of their net margin for 2023).

Did you own a BYD ?

Urm, this has been going on for a long time, US companies make the most money and rest take the crumbs, e.g., Apple makes 80% of the profit of the smart phone industry in the world. This is what hegemony means, US industries will win in every market they care to dominate. It used to be the British, now the US.

@clemlo4973

Ай бұрын

What?! Apple is 20% and so does Samsung... What are you on?

@Lululemon2023

Ай бұрын

@@clemlo4973 Apple makes 80% of the profit, in the global smart phone industry. Samsung has the volume

good job… sam

EV's are on their way down, to the charging station, again!!

Making $1400 per vehicle isnt EVs, they probably lose money on EVs like every other Chinese maker. Tesla had the advantage of going for the more high end market and earlier than others ;now Even Tesla may be seeing loses on sales; they certainly do on Cybertruck and Semi ; they just avoid making very many so they can absorb the losses. The Auto industry in general and the BEV industry specificallly is going to have a lot of blood this next quarter or two; maybe further depending if Trump is elected and what he does if he is elected.

PHEVs are a good interim technology, as long as they give decent range so you're not lugging a big battery around for nothing, and for the same reason, can fast charge, so you can recharge on road trips. Tesla and Toyota are not considering the situation clearly for different reasons. Toyota in their denial of EVs, and Tesla in their denial of the desire for affordable EVs and the lag time of charging network globally to bypass the need for a PHEV stage. BYD are smart.

@TheEvilmooseofdoom

Ай бұрын

Sure, just means you pay for the fuel and upkeep for a ICE power train as well. When did Tesla ever deny there was a desire for an affordable EV? They have been talking about the need for one for many years.

@yggdrasil9039

Ай бұрын

@@TheEvilmooseofdoom I can't speak for BYD PHEVs as I haven't owned one as they're not available here yet, but a Toyota hybrid power train is almost literally zero maintenance, and the upkeep involves oil and filter change and filling it with petrol. That's it. Only thing I've had to replace over 100,000km was the battery a couple of times, which was $1,000. With a good offpeak power rate I might have been a bit ahead by using electricity over petrol, but no where near enough to justify the cost of an EV 8 years ago. Tesla has an affordable EV as part of their master plan. However I suspect that Elon's main goal is FSD. In the meantime, the market for an affordable EV has been ceded to BYD and others.

@timothykeith1367

Ай бұрын

Many will never recover the extra costs of a PHEV from fuel savings. You can be better off buying a simpler non hybrid when you don't drive a lot. The standard Toyota hybrid is probably less costly overall than the similar PHEV. Many don't do the math. If a super battery is installed in a future PHEV, many might never use the gasoline motor, except on seldom cross country trips. Many Americans buy pickup truck because they *might* need one two or three times a year. The same logic applies to spendy PHEVs.

@yggdrasil9039

Ай бұрын

@@timothykeith1367 Yeah, it depends on 3 things: sticker price impost of PHEV over diesel range fast charging capability I'd say though that V2L is a big plus for PHEVs that justify some extra cost if working with tools away from the grid.

@douglaswatt1582

Ай бұрын

Tesla is the single greatest factor and agent in the direction of making EV's affordable and are the unquestioned leader in terms of creating a viable charging network. So you have no idea what you are talking about and are just another clueless troll.

BYD margins are 23%, higher than Tesla's! No amount of desperate pumping will save TSLA. Already down 33% YTD! Wait until the first quarter results are announced. Another BLOODBATH!

Sorry if you bought that cheap crap. 🤨

Tesla doesn't need marketing , Elon just needs to tweet on X

That's not true. Remove the $7000 of tax credit per vehicle that tesla sells, you gonna have 0 profit. Byd gets 0 from tax benefits

Lol l. Whats tesla's writedown gonna be when china decides tesla's manyfacturing in china is no longer required

Yeah... How are we to handle the disposal of those batteries in the future? Yet another burden passed down to future generations to grapple with? While I may be willing to manage my household waste, if it originates from a malevolent and unjust actor... one intent on fomenting global discord, then count me out.

I am so ready for the Unions not to have any political clout any longer. If that means that the "legacy" auto makers in the USofA go under... so be it. AND... for those that spout the jobs will be lost mantra... I am ex-military. Not professed at all when signing up is that your job WILL be lost. I survived... so can they (if not willing to be babies about it).

Why don’t u show Tesla graveyards ?

Tesla over charges for its cars thats why the market corrects the prices when it comes time 2 resale them😂😂😂💩💩 tesla don't hold its value 😏

Just shows how vastly overpriced the Tesla is really

@ciybersal3499

Ай бұрын

I was thinking the same

we predict that sooner or later there will be a factory recall and then they will be in a shitload of trouble low profit will not be able to cover the repair costs

@bubuneowoo6161

Ай бұрын

BYD margins are 23%, higher than Tesla's! No amount of desperate pumping will save TSLA. Already down 33% YTD! Wait until the first quarter results are announced. Another BLOODBATH!

BYD has a over capacity problem

@fredericoduvel3092

Ай бұрын

Only if you think that they shouldn’t sell cars abroad.😂

@manimalworks7424

Ай бұрын

@@fredericoduvel3092 🤣I was being sarcastic.

BYD excels at vertical manufacting and battery technology fighting to be the low cost manufacturer. Volume is their priority. Tesla is pushing the technology and software advances to produce the BEST and most profitable car.

Advertising Tesla again. 😂😂😂😂

im dumping tesla and buying toyota, hybrids are the future, EVs are dead, the infrastructure to maintain EVs will cost too much globally, hybrids make more sense

If we use the suppressed technology developed by Stanely Meyer and Dennis Klien cars could be running on gasified water with water vapor as an exhaust gas. This is by far less polluting than electric cars with all the mining and refining which uses oil and the production of electricity which most time involves carbon-based fuels. Water to gas conversion could be retrofitted to existing vehicles. Jets and other turbine devices could run on gasifies water. Semi-trucks, locomotives, and ships could be built with turbines to run on gasified water. Why does this guy push electric vehicles which few people want when there is a better alternative?

I hope BYD have improved their PHEV engines because they were having heaps of issues with people posting videos of them catching fire.

Thought that EV’s were the future? Obviously not the future.

Look at BYD debt pile Not good Look at Tesla debt Almost nil with 30billion in cash

@larryevans6739

Ай бұрын

BYD has less debt than Tesla.

Do you think China stopped giving money to BYD? Did China back BYD to take over the Market? China know Tesla coming out with 25K car and Making a 30 percent profit.

@larryevans6739

Ай бұрын

If you are capable of basic math, China's subsidies per vehicle are a a small fraction of what's available in the US. If, for example, BYD got just the $45/kWh US Battery Production Tax Credit for the 119 GW of packs they produced in 2023, it would add up to $5.35 Billion. More than 10 times the total subsidies they received. The Billions Tesla received in US regulatory credits alone are multiple times the total subsidies BYD received. And those are only a small part of the total subsidies available in the US.

Tesla makes so much money per car means it’s over priced and lack of competition in North America market.

@larryevans6739

Ай бұрын

It also means Tesla gets too much in tax subsidies. Why their net profit was 50% more than EBITA.

China company is still news in automative industry,I think make low profit for not a good think. They should spend more time doing research fix stability and rip off fancy touch screen or features. Battery optimization still huge gap compared to Tesla