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Tesla sales only dropping 17% after BYD launched here is surprising. BYD’s launch was aggressive with several new models and significantly cheaper pricing.
by scarab92 2y ago
Tesla sales only dropping 17% after BYD launched here is surprising.
BYD’s launch was aggressive with several new models and significantly cheaper pricing.
- bdangubic 2y agoTesla should celebrate these “wins” - only 17% is amazing feat for a company like Tesla, instead of 100+ forward P/E ratio stock should be at $1,000/share minimum. robotaxis coming in 2087 will help too /s
- scarab92 2y agoAustralia had very few EV models available prior to the BYD launches. A 17% fall in the face of such a large step change increase in competition isn’t too bad.