Elon Musk Thinks Tesla Will Become the World's Most Valuable Company. I Predict Its Stock Will Decline by 50% (or More) Instead.
The Model 3 was once the most popular EV in China Xiaomi’s SU7 surpassed Model 3 sales, despite only being on sale for a year The Chinese company built 70,000 SU7 EVs in the first six months According to the most recent sales figures,
Tesla Model Y used prices are sinking fast as the EV maker introduces a new Model Y and competition increases.
The Honda S7 is made by Dongfeng, one of Honda's Chinese joint venture partners. It is either RWD or AWD, fed by an 89.8 kWh battery. The S7 starts at $36,000, slightly cheaper than the equivalent China-spec Tesla Model Y.
In a nutshell Tesla’s battery is built for speed and range, while BYD’s is designed for affordability and safety. Tesla’s also holds more energy and can power cars for longer distances, but it also heats up more,
EVs aren’t cheap. The only reason they’re accessible to many U.S. buyers is the $7,500 federal tax credit. What happens if that goes away?
BYD has rapidly grown into a dominant force in the automotive industry, challenging legacy automakers and rivaling Tesla in global EV sales.