Chinese EV maker BYD’s revenue beats Tesla for first time

Oct 31, 2024 · With third-quarter revenue up 24% on year to 201.1 billion yuan ($28.24 billion), BYD’s quarterly revenue for the first time outpaced Tesla, whose revenue for the July-September quarter reached ...

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Chinese EV Maker BYD’s Revenue Beats Tesla For First Time

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BYD Beats Tesla On Quarterly Revenue With 24% Growth

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Oct 31, 2024 · For the first time, BYD, the electric vehicle (EV) maker from China, reported its 3Q revenue surpassing its U.S. rival Tesla. On Wednesday, BYD reported its revenue for 3Q24 at …

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BYD Quarterly Sales Beat Tesla For First Time - Financial Times

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Oct 30, 2024 · BYD revenues for the third quarter reached Rmb201bn ($28.2bn), surpassing the $25.2bn sales that Tesla reported last week. The Warren Buffett-backed carmaker sold a …

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Chinese EV Maker BYD's Net Profit Up 11.5% | Reuters

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Oct 30, 2024 · Third-quarter revenue up 24% on year to 201.1 billion yuan ($28.24 billion), the first obvious win for BYD on quarterly revenue versus Tesla, opens new tab since the Chinese …

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BYD's Revenue Surpasses Tesla For First Time Amid EV Competition

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Oct 31, 2024 · Chinese automaker BYD has posted a quarterly revenue that exceeded Tesla's for ... Though missing estimates, BYD's revenue grew 24% to CNY 201.1 billion ($28.2 billion) in …

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BYD Beats Tesla In Quarterly Sales For The First Time As Demand …

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Oct 31, 2024 · BYD’s third-quarter sales jumped 24 per cent to 201.12 billion yuan (US$28.2 billion), beating Tesla’s US$25.18 billion revenue in the same period.

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Chinese EV Giant BYD Beats Tesla In Quarterly Revenue For First …

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Oct 30, 2024 · BYD posted operating revenue of 201.1 billion yuan ($28.2 billion) during the third quarter, a filing at the Hong Kong Stock Exchange showed, up 24 percent from the same …

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BYD Revenue Beats Tesla For First Time; Q3 Sales Surge 24% To 201 ...

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Oct 30, 2024 · BYD notched up another win over Tesla on Wednesday (Oct 30), reporting quarterly revenue that beat Elon Musk’s carmaker for the first time since the pair have gone …

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BYD's Net Profit Surges By 11.5%, Revenue Overtakes Tesla For First ...

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Oct 30, 2024 · With third-quarter revenue up 24 per cent on year to 201.1 billion yuan ($28.24 billion), BYD's quarterly revenue for the first time outpaced Tesla, whose revenue for the July …

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BYD Surpasses Tesla In Q3 Revenue Amid EV Surge

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Oct 30, 2024 · With third-quarter revenue up 24% on year to 201.1 billion yuan ($28.24 billion), BYD’s quarterly revenue for the first time outpaced Tesla, whose revenue for the July …

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BYD Revenue Eclipses Tesla For First Time As EV Giants Go Head To …

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Oct 30, 2024 · BYD's revenue soared 24% y-o-y to RMB201.1 billion (US$28.2 billion or $37.37 billion) for the three months ending Sept 30, exceeding Tesla whose sales hit US$25.2 billion …

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BYD's Net Profit Up 11.5%, Revenue Beats Tesla For First Time

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Oct 31, 2024 · With third-quarter revenue up 24% on year to 201.1-billion yuan (R499.84bn), BYD's quarterly revenue for the first time outpaced Tesla, whose revenue for the July …

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EV Giant BYD Overtakes Tesla On Revenue For The First Time

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Oct 30, 2024 · Revenue climbed 24% in local currency terms to $28.2 billion. That fell short of estimates of for $28.3 billion. But that easily topped Tesla's Q3 revenue of $25.182 billion.

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5 Reasons BYD Is Surging After Eclipsing Tesla's Quarterly Sales ...

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Nov 1, 2024 · BYD recorded revenues of 201.1 billion yuan ($28.2 billion) in the three months to September 30, up 24% from the same quarter last year. Tesla posted sales of $25.2 billion …

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BYD First Overtakes Tesla To Be Top EV Maker By Quarterly …

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Oct 31, 2024 · BYD First Overtakes Tesla to be Top EV Maker by Quarterly Revenue,new,with,quarter,million,billion,including. ... (US$28.2 billion) for the third quarter of …

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Chinese EV Giant BYD Beats Tesla In Quarterly Revenue For First Time

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Oct 30, 2024 · BYD posted operating revenue of 201.1 billion yuan (US$28.2 billion) during the third quarter, a filing at the Hong Kong Stock Exchange showed, up 24% from the same period …

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FAQs about Chinese EV maker BYD’s revenue beats Tesla for first time Coupon?

Did BYD beat Tesla?

With third-quarter revenue up 24% on year to 201.1 billion yuan ($28.24 billion), BYD’s quarterly revenue for the first time outpaced Tesla, whose revenue for the July-September quarter reached $25.2 billion. Tesla still beat BYD in terms of EV sales globally during July to September. ...

How did BYD's third-quarter revenue compare to Tesla?

Third-quarter revenue up 24% on year to 201.1 billion yuan ($28.24 billion), the first obvious win for BYD on quarterly revenue versus Tesla (TSLA.O) since the Chinese automaker stopped producing gasoline engine vehicles in 2022. Tesla's revenue for the July-September quarter reached $25.2 billion. ...

How profitable is BYD compared to Tesla?

BYD’s net profit increased 11.5 per cent from a year earlier to 11.61 billion yuan (US$1.63 billion) in the quarter, less profitable than Tesla’s net income of US$2.17 billion in the same period. ...

Will BYD pass Tesla's Q3 revenue?

But that easily topped Tesla's Q3 revenue of $25.182 billion. The faster-growing BYD has come close to passing Tesla revenue in recent quarters, but this would be a new milestone for BYD. Heading into the Q3 earnings report, analysts expected BYD to generate $35.71 billion in sales. ...

Will BYD overtake Tesla?

BYD is reaping the benefits of its lineup of affordable EVs and hybrids and is eyeing global expansion. BYD has just scored another victory in its battle to overtake Tesla. The Chinese EV giant said in its third-quarter earnings on Wednesday it had surpassed Tesla's revenues from EV sales for the first time. ...

Did BYD top Tesla in EV sales in Q4 2023?

BYD did top Tesla in BEV sales in Q4 2023 but the latter has retaken the lead in 2024. BYD's BEV sales were 443,426 in Q3 2024. BEV sales are likely to be close once again in Q4, as both EV giants push hard to close out the year. BYD's total sales may hit four million for the year, up from 3.02 million in 2023. ...