BYDDY News and Press, BYD Co Ltd ADR From 10/17/23

2023-10-17 11:23:50 ET Summary JBL stock is up 123% over the past year. While investors may be tempted to take profits, I say "not so fast". The $2.2 billion divestiture of its (low-margin) China Mobility segment to BYD is going to enable JBL to accelerate its stock buyback plan t...

2023-10-17 09:44:16 ET Summary Tesla, Inc. trades for roughly 74x earnings while its closest competitors trade for 5-10x. Is Tesla stock too expensive, its peers too cheap, both, or neither? The overall car sales market is facing challenges due to decreased obsolescence and de...

2023-10-11 09:32:03 ET Summary Tesla, Inc.'s production has declined quarter-over-quarter, indicating a changing growth story and weaker demand. Increased competition from China's EV industry poses a major risk to Tesla's market position and international sales. EV competition...

2023-10-09 16:41:55 ET Summary BYD has positioned itself as the first/only successful legacy automaker in navigating the shift to electric at scale without compromising on profitability, while also emerging as a global leader. But the stock has underperformed broader markets in re...

2023-10-09 10:51:08 ET Summary Global electric car sales in Aug. 2023 up 45% YoY to 18% share. China sales up 36% to 39% share. Europe up 68% to 30% share. USA up 71% to 9.5% share. EV market news - EVs to surpass ⅔ of global car sales by 2030, putting at risk nearly half o...

2023-10-07 07:20:00 ET Move over Tesla (NASDAQ: TSLA) -- there's a new king of electric vehicles. BYD (OTC: BYDDY) produced more fully electric vehicles last quarter than Tesla. The leading U.S. EV maker faced a production bottleneck this summer as it shut down plant...

2023-10-06 09:51:34 ET Summary Tesla, Inc. revenue for Q2 2023 reached an impressive $24.93 billion, marking a YoY growth of 47.2%. The company's profit margins and ROE have been on an uptrend, indicating operational efficiency and profitability. Analyst sentiment is mixed, wi...

2023-10-05 17:55:27 ET Summary Geely Auto's shares have been caught up in the downturn in Chinese auto stocks, but have held up better than most BEV-centric rivals. Geely is struggling to gain market share in the most attractive parts of the Chinese auto market, particularly in th...

2023-10-03 11:22:00 ET Summary Tesla, Inc. is set to report Q3 earnings on October 18, 2023. Tesla's historical stock performance reveals four key valuation leaps tied to strategic product launches. Tesla's valuation challenges are based on total addressable markets. Megap...

2023-09-29 05:38:00 ET The electric vehicle (EV) market is jam-packed with competitors ranging from younger entrants such as Tesla , Rivian , or Polestar to legacy automakers like Ford looking in new directions. One of the biggest end markets for EVs is China. And while ...