BYD Stock Is A Better Bet On Electric Vehicles Than Tesla. Buy It Now.

If you try to convince someone that there’s another EV maker worth owning other than Tesla, you’ll probably get some glares.While Tesla has more than doubled this year, Lucid Group has , fisker , And Polestar Automotive Holding… Source: www.barrons.com

BYD Is Challenging Tesla For Market Leadership. Traded At A Deep Discount.

Coke or Pepsi. United Parcel Service or FedEx. There have been many epic battles between the number one and two players in the Marvel or DC industry. The EV industry currently has a unique one-two punch. Tesla… Source: www.barrons.com

Polestar Cuts Delivery Times And Profit Margins Even As Revenue And Sales Increase

The company says, “The slump in global consumer demand is having a particular impact on the EV penetration rate.” Polestar’s third-quarter results revealed difficult market conditions, forcing the company to cut its planned electric vehicle deliveries in 2023 to about 60,000 units. Formerly Polestar… Source: insideevs.com

Year-to-date Revenue Growth Of 21%.

Press Release October 19, 2023 RG_2023Q3 Revenue_PR_GB Vfinal Disciplined commercial policy and product offensive in Europe increase revenue by 21% year-to-date 9 months 2023: Group revenue of €37.4 billion, +21.1% vs. 2022 9 month, +25.3% constant exchange rate2 Automotive revenue of €34.2 billion, +20.1% compared to September 20221, +24.2% at constant exchange rate2Group registrations +10.9% worldwide, 21.3% in Europe Q3 Read More