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Why Tesla’s Chinese Rival BYD Faces a Raft of Troubles
BYD Co. has spent the last five years racing ahead. In 2024, with the help of government support, aggressive pricing and overseas expansion, the Chinese carmaker surpassed Tesla Inc. to become the ... Read More
Another major Tesla EV rival faces Chapter 11 bankruptcy
These are meaningful hurdles that have driven multiple big-name EV companies into bankruptcy. Now, another major player, Polestar, has issued a "going concern" warning, telling investors and consumers ... Read More
Tesla sales in Europe plummet 40% — while Chinese rival BYD sees sales triple
Tesla’s sales in Europe plummeted 40% in July – even as its Chinese rival BYD saw its sales triple. It marked the seventh straight month of declines for Elon Musk’s automaker, which has continued to ... Read More
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