Tesla’s main rival, the Chinese automaker BYD, surged ahead in 2024 with 4.25 million passenger car sales, including 1.76 million fully electric vehicles. BYD’s annual EV sales rose by 41% compared to ...
Tesla ( NASDAQ: TSLA) traded lower on Tuesday after Bank of America lowered its rating on the electric vehicle stock to Neutral from Buy due to high valuation and near-term execution risk.