tiprankstipranks
Advertisement
Advertisement

BYD sold more EVs in Europe than Tesla for first time, FT says

For the first time, BYD (BYDDF) sold more electric vehicles, EVs, in Europe than Tesla (TSLA), with 7,231 fully electric BYD cars registered in Europe last month compared with 7,165 registrations for Tesla, Kana Inagaki of The Financial Times reports, citing research group Jato Dynamics. BYD’s aggressive expansion into Europe has coincided with a slump in sales for Tesla due to its older product portfolio and backlash related to Musk’s intervention in regional politics.

Claim 55% Off TipRanks

Forget margin or options. Here's how the pros trade TSLA

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1