BYD surpasses Tesla revenue milestone
This is a news story, published by MSN, that relates primarily to BYD news.
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global EV marketGB News
•Tesla faces serious issues as sales are beaten by China's BYD for the first time in huge EV shift
78% Informative
Chinese electric carmaker BYD surpasses Tesla in quarterly revenue for the first time.
In the third quarter of 2023 , BYD reported revenue of 201.1 billion yuan ( 21.8billion ) In comparison, Tesla 's revenue of $ 25.2billion ( 19.5billion ) for the same period.
The achievement underscores BYD 's rapid growth in the electric vehicle market.
However, Tesla maintains its position as the world's most valuable carmaker.
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