India's commerce minister said the government has to be "convinced" BYD will "play by the rules" before the EV maker can expand in its market.

As the words came out of Trump’s mouth, they were probably drinking champagne in BYD headquarters,” Ives told The Post. “It accelerates BYD’s success.”

Chinese EV giant BYD expanded its global market share on the back of lower prices, vertical integration and research and development. However, it now faces challenges amid tariff wars and growing strategic concerns.

These approaches are two different ways of reaching the same destination, though interestingly, BYD’s battery configuration has better thermal management. Reportedly, Tesla’s offering produces around twice as much heat at a specific load than BYD’s configuration. This difference requires, not surprisingly, around twice as much cooling capacity.

BYD, Elon Musk's Chinese archrival, posted a 60% sales surge in the first three months of the year, in stark contrast to Tesla's decline.

Another fiscal year and another bold prediction that Tesla’s long-running reign as the global market share leader will end.

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China’s BYD Co. enjoyed a strong start to 2025, with sales up 58% in the first quarter versus the same period of last year.

BYD is taking advantage of Tesla's rough year as the two rivals compete to become the world's largest EV maker.

Tesla stock (TSLA) shot up 23% on Wednesday after President Donald Trump announced a 90-day pause on sweeping import tariffs. It was the

Tesla's stock continues to be overvalued, facing competition from BYD and a narrow model lineup that limits its moat. Find out why TSLA stock is a Strong Sell.