BYD Reports Earnings. Tops Tesla on sales

https://finance.yahoo.com/news/chinese-ev-giant-byds-fourth-115759247.html

“Chinese electric vehicle maker BYD’s net profit leapt 73.1% in the fourth quarter of 2024 to a record 15 billion yuan ($2.1 billion), it said on Monday, reaping the rewards of lower prices and higher sales than rivals.”

“profit rose 34% to a record 40.3 billion yuan on revenue up 29%.”

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