[revealer]

BYD’s strategy is mass production at very low price to capture market shares at the expense of profitability and financial stability. BYD’s gross profit per car is USD 1,250 vs Tesla’s 8,250 per car

https://carnewschina.com/2024/04/09/byd-...0in%202023.

Presently,  BYD’s current ratio is around 0.66 which shows its weakness financially.

Tesla has different price strategies as it is competing in the premium class.  It’s more stable financially.

This is the ETF price performance for the last 5 years