Chinese EV Producer BYD Announces Huge Profit, Should Tesla Be Nervous?

Coinspeaker
Chinese EV Producer BYD Announces Huge Profit, Should Tesla Be Nervous?
According to China’s Association of Automobile Manufacturers, Chinese citizens will buy at least 1.6 million electric vehicles this year. Tesla, on the other hand, lost $700M+ in the last quarter. Is it a real competition or just buying opportunity for Tesla stocks?
Chinese EV Producer BYD Announces Huge Profit, Should Tesla Be Nervous?

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