Tesla beats BYD BEV sales volume and quarterly change in Q1 2024
$Tesla(TSLA.US$ $BYD COMPANY(01211.HK$ $NIO Inc(NIO.US$ $XPeng(XPEV.US$ This article reported that Tesla is ranked largest BEV (battery electric vehicles) sales in Q1 2024 beats BYD in terms of sales volume and quarterly change (%)
Tesla 387,000 units -20%
BYD 300,000 units -43%
Xpeng 22,000 -64%
Nio 30,000 -40%
My Take: I agree with AJ that when comparing sales volume and change between, some media (or someone) use only Tesla EV made in China or Tesla China. Quarterly sales figure (not monthly) is a fairer comparison because it will reflect clearly on the earning report.
Source:
$BYD COMPANY(01211.HK$ $BYD Co.(BYDDF.US$ $S&P 500 Index(.SPX.US$ $Nasdaq Composite Index(.IXIC.US$ $Tesla(TSLA.US$ $VOLKSWAGEN A G(VWAGY.US$ $NIO Inc(NIO.US$ $Li Auto(LI.US$ $XPeng(XPEV.US$ $General Motors(GM.US$ $Ford Motor(F.US$ $Rivian Automotive(RIVN.US$ $MERCEDES-BENZ GROUP AG(MBGAF.US$ $TOYOTA MOTOR CORP(TOYOF.US$ $GEELY AUTO(00175.HK$ $Stellantis NV(STLA.US$
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I reflected trading experiences by writing journals. My comments are for educational purposes not financial advice.
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102332870 : more turmoil after additional levy by Biden on Chinay EV.
72734102 : Tesla as always still number one EV retailer in the World
ZnWCOP 102332870: The tariffs affected Chinese EV makers who have plans to export to the US such as BYD Mexico-made EV and Nio's new cheaper model.
Biden imposed tariffs on Chinese EV has little impact mainly driven by politics
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