As we head into 2024, the electric vehicle (EV) industry is witnessing an intensifying rivalry between two heavyweights — U.S.-based Tesla (TSLA) and China's BYD Co Ltd (BYDDY) . The fourth quarter of 2023 marked a pivotal moment as Tesla's longstanding dominance in global EV sales was surpassed for the first time by BYD, propelled by its extensive range of more affordable models in China. Nonetheless, Tesla maintained the lead for full-year 2023, both in terms of production and deliveries. This sets the st ...