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Chinese EV giant BYD beats Tesla in quarterly revenue for first time

By Yahoo! Finance   |   Oct 30, 2024 at 09:12 AM EST
Chinese EV giant BYD beats Tesla in quarterly revenue for first time

BYD, a major Chinese electric vehicle company, surpassed Tesla in quarterly revenue for the first time, reporting $28.2 billion in operating revenue, up 24% from last year. The firm's net profit rose to $1.6 billion.

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