Why Are BYD Shares So Much Cheaper Than Tesla's?
BYD(BYDDY) seekingalpha.com·2024-05-29 01:47
Thomas Barwick/DigitalVision via Getty Images If one had to point out the main rival of Tesla one would almost certainly end up with BYD (OTCPK:BYDDF) (OTCPK:BYDDY), the Chinese battery and EV producer who for a brief period produced even more EVs than Tesla, and could very well overtake them again soon. We discussed BYD more fundamentally here in early April and came away very impressed (and we're not the only ones) as they have managed to gain ground rapidly on its main international rival Tesla (TSLA), w ...