Financial News
Backed by Warren Buffet, BYD Just 3K EVs Shy of Overtaking Tesla Globally
Chinese automaker BYD has drawn threateningly close to Tesla Inc. (NASDAQ: TSLA) in sales and is poised to steal the Texas-based carmaker’s spot as the world’s top electric vehicle maker. Thanks to a drop in Tesla deliveries over the third quarter of the year, BYD is approximately 3,000 electric cars shy of surpassing Tesla in sales.
The Warren Buffet-backed Chinese company has been on a roll in China, the largest electric vehicle market on the globe, and has spent the…
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