Bloomberg Technology
Tesla Versus China’s BYD: The Road Ahead
Tesla delivered more vehicles than expected in the fourth quarter, but not enough to stay ahead of China’s BYD in global electric-car sales. Barclays Analyst Dan Levy joins Caroline Hyde and Ed Ludlow to share why he thinks the markets are coming off of EV “euphoria.” He speaks on “Bloomberg Technology.” ——– Like this video?…
@marcusoutdoors4999
January 2, 2024 at 3:46 pm
This anti-Tesla pro BYD narrative is weird. Tesla is in great shape, let’s look at revenue and profit per car and the fundamentals. Cybertruck is far from Niche with a sales of 250k per year, though the demand would support 500k per annum. The companies that are being destroyed by China include VW, Ford, GM etc etc.
@marcusoutdoors4999
January 2, 2024 at 3:48 pm
The factory for Cybertruck will ramp to at least 100k cars per year by the end of 2024. Dan is remarkably out of touch.
@ArcticPrimal
January 2, 2024 at 3:50 pm
BYD and now Xiaomi plus others. Tesla won’t stand a chance in the global market. It will only succeed in the US were its widely known even then it will be tough if Apple ever releases its electric car with its large ecosystem/customer base and marketing strategy.
@TheMagicJIZZ
January 2, 2024 at 4:11 pm
So it’s bankruptcy immediately lmao?
Globally byd has no experience I LOVE how you dimiss Tesla but don’t talk about Toyota and yet bye is gonna dominate Tesla in the USA and Europe lmao
@GrooveMandel
January 2, 2024 at 4:55 pm
@@TheMagicJIZZlmao, byd has better build quality and customer service than Tesla.fuckla has no build quality and issues on their cars are numerous. There is no way Tesla would stand a chance against the dream builders … byd . Lmao lmao lmao
@TheMagicJIZZ
January 2, 2024 at 5:00 pm
The byd Swan is better than the model Y???? Lmao shut the fuck up
@ArcticPrimal
January 2, 2024 at 5:15 pm
@@TheMagicJIZZ 1. Never said anything bankruptcy, dont know where you got that from.
2. Wow shocker, every starts off with no exp until they do. But they do have experience in domestic market, and gaining market share in europe and other asian markets. Plus BYD is advantage is making superior batteries that their competitor like Tesla end up basically funding them by using BYD batteries.
3. I like Toyota’s approach because I also think we should’ve moved to hybrids first before even thinking full EVs. a) Producing batteries wont keep up and a lot materials are needed and will be at limited supply . b) Charging infra is also limited at the moment plus if many people adopt evs the grid wont be able to support this. c) all this will increase the cost of EVs making them more expensive reducing adoption. So EVs wont be affordable.
– All and all hybrid is better than EVs and thats what the government should’ve push instead of EVs because of being blinded about climate change bs. So im in support of Toyota focusing on hybrid.
@TheMagicJIZZ
January 2, 2024 at 5:23 pm
@@ArcticPrimal why did you have the audacity to even mention Apple then ?
I think BYD is good but dominate like Tesla everywhere? Tesla is a fluke. Tesla shouldn’t dominate china even with domestic manufacturing. BYD would have to achieve brand status desire in Europe to rival Tesla and the US? C’mon
It all depends on India and Africa for Tesla expansion. I think Toyota is going to rival byd. And Tesla more than any automaker
Tesla is more experienced than giving credit. Copying their operations isn’t easy. Even BYD can’t sell their vehicles for $12,000 in the US
But to count Tesla to being not 2. But just slide into irrelevant status is naive. When the model 2 will come. And will dominate china and the US and Europe. It’s going to be built on all 3 continents and India eventually
@ipdavid1043
January 2, 2024 at 4:46 pm
byd is winning…..tesla massive recalll on bugs issue and auto issue
@Otake321
January 2, 2024 at 6:30 pm
Lol, what’s wrong with you? 😂
@TB-up4xi
January 2, 2024 at 6:50 pm
really? Tesla has already completed the recall for all cars with a simple software update. Some BYD’s chassis are rusting through bolt holes in less than 18months in seaside locations in Australia.
@VincentKarabouladMusique
January 2, 2024 at 6:57 pm
Good bot
@ipdavid1043
January 2, 2024 at 6:58 pm
@@TB-up4xi really…check your data…BYD exceeds Toyota as global car output and exceeded Tesla on ev…..just check it…I am in a financial sector
@ipdavid1043
January 2, 2024 at 6:59 pm
@@Otake321 no moron.. wtf is wrong with u…
@sagarmeena0210
January 2, 2024 at 4:50 pm
Its going to be difficult for Chinese auto makers to sell in Europe/America……all countries are planning to put tax duties on Chinese cars
@russli-lv2yc
January 2, 2024 at 5:14 pm
The west now has to resort to unfair trade practice instead of fair competition now, no shame.
@sed9406
January 2, 2024 at 5:19 pm
why? they are not cheaper than tesla
@Jennifer-xg3iq
January 2, 2024 at 7:10 pm
Because they cannot compete LOL
@RL.777
January 2, 2024 at 7:32 pm
They do the same to us
@johnc1873
January 2, 2024 at 8:19 pm
USA and EU can’t compete with China on producing great cars
@randybutternub031
January 2, 2024 at 5:36 pm
Man you people are so uneducated 🤦 China is pumping out EVs like it’s water! Go see how many sit abandoned in empty lots it’s actually mind boggling but it’s chinas only way to compete with American companies 😂😂😂
@TB-up4xi
January 2, 2024 at 6:47 pm
It’s actually hard to tell
BYD counts a sale when it is delivered to one of their 1200 dealers (c.1100 in China) and fewer than 50,000 of the Q4 sales will be outside of China. Tesla counts a sale when the end customer has paid for it and close to 300,000 of their 484,000 Q4 sales will be outside of China.
It would be interesting to see how many of the 524,000 BYD sales were to the end user and how many ended up (net) in dealer inventory. It would be more interesting if BYD outsold Tesla outside of China, we really don’t know what influence the CCP had on “encouraging” dealers to accept stock to boost the Chinese numbers.
@johnc1873
January 2, 2024 at 8:19 pm
cope harder bro. Chinese EV and BYD are the best cars on earth.
@cainiaowu
January 2, 2024 at 8:30 pm
too much copium
@RL.777
January 2, 2024 at 7:32 pm
I love DOOM-berg you can always count on $TSLA FUD!
@SamSam-qm1li
January 2, 2024 at 8:09 pm
I’ve been hearing about demand problem since 2013