Tesla Reports 4th Quarter Production

No worries.

Since this got me curious, I pulled BYD’s Q4 numbers. They sold another 112K BEV’s in December, which would put their annual total at around 913K. Tesla’s annual sales were around 1,313K, which would put BYD’s 2022 sales at around 70% of Tesla’s.

However, that doesn’t give the complete picture. BYD is growing much, much faster than Tesla right now - so comparing annual rates of growth obscures where BYD is now.
Their BEV sales for Q4 were up around 150% from the year-ago quarter. In Q4, BYD sold about 328K BEV’s - about 81% of Tesla’s 405K. (Of course, BYD also produced a ton of PHEV’s as well).

That’s why the expectation is that BYD’s going to pass Tesla in BEV sales this year.

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