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Chinese EV maker BYD's quarterly sales overtook Tesla's for the first time

By CNBC   |   Oct 31, 2024 at 02:24 AM EST
Chinese EV maker BYD's quarterly sales overtook Tesla's for the first time

BYD's hybrid vehicles compete with Tesla's all-electric cars, but Tesla leads in net profit and year-to-date sales. In China, BYD faces tough competition from Tesla, especially with EU tariffs on Chinese EVs.

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