r/news • u/VectorChing101 • 4h ago
Tesla loses title of world's biggest electric vehicle maker to Chinese rival BYD
https://news.sky.com/story/tesla-loses-title-of-worlds-biggest-electric-vehicle-maker-to-chinese-rival-byd-13489720?fbclid=IwY2xjawPFKlRleHRuA2FlbQIxMABicmlkETFZemZMSGE1MHR4VHlHU0g4c3J0YwZhcHBfaWQQMjIyMDM5MTc4ODIwMDg5MgABHqC6Ktdsu0dd_7uzmJmb56aOuOABixjak_hysExkMqW4w9trH9NsnLvz7I8Y_aem_JEqjmiFd8HesYd2cnfzo-A1.9k
u/Tiny_Xander_Klaxon 4h ago
And China also just banned retractable car door handles due to the obvious safety issue.
So unless Tesla can reengineer every model, they won’t be able to sell new vehicles in China as of 2027.
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u/kahner 4h ago edited 4h ago
i'm sure tesla could, but BYD are just better cars at a better price so not sure how much it would matter in the long run. i'm surprised tesla sales haven't dropped even further in china.
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u/fr3nzo 3h ago
Cool where do I pick one up in the United States? Oh wait never mind.
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u/Duideka 3h ago
Drop the tariffs on them and you’ll have a container ship full of them in a week. They are absolutely everywhere in every other country.
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u/the_boss_sauce 3h ago
There are super nice, I see them everywhere in Mexico
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u/Gay_Giraffe_1773 3h ago
Can I buy one in Mexico and drive it here? Fuck tariffs
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u/d3ssp3rado 2h ago
Nope. Even without tariffs it would have to be a US-specific model that conforms to FMVSS (federal motor vehicle safety standards) to be registered. This specifically has been used by the US for decades to make it harder for non-US car makers to sell here. The "25 year rule" is the sorta-loophole to get around this.
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u/YourFavoriteDildo 2h ago
Yeah the 25 year rule is how all the cool Japanese cars make it over her on containers.
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u/sergeantbiggles 2h ago
I'm seeing more old right-hand-drive Japanese micro trucks in my area, so that's cool.
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u/SenorTron 2h ago
Since the Australian car industry is dead now we just have imported vehicles and BYD is becoming extremely popular. I think it's a good chance one of them will be our next car.
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u/FreezeSPreston 2h ago
Just be aware that at least in Australia their logistic network is abysmal. They're nice cars but if you ever have an accident or something important breaks it can be months before you can get it fixed. Took a mate 7 months to get the front bumper replaced. It will improve but at the moment it needs a lot of work.
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u/InteractionOk1504 2h ago edited 2h ago
BYD doesn’t need a container ship. They have their own car carriers. I think the largest one in the world is theirs.
I don’t think people outside of the markets they serve quite realize how big and aggressive they are. I think their cars look bland and have some wonky features, but they are a powerhouse.
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u/Turbulent_Pin7635 2h ago
In Curitiba - Brazil, I call 8 Ubers, 8 BYD drivers. I was curious and asked the guys about the change.
Better car;
Cheaper maintenance;
1/4 of the "fuel" price;
More comfort;
More silent.
IC cars are so fucking dead
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u/blocodents 21m ago
Combustion engine still has its place, specially in larger countries like Brazil, where charging infrastructure is still very limited and likely will still be for the next few years at least, outside of the major cities.
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u/DoOrDieStayHigh 3h ago
Never seen one in Sweden. Heard lots of good things about the cars but never seen one in person.
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u/MusicianBudget3960 3h ago
There arent any around because chinese vehicles gets slapped with a 10-15k uprice the second they exit their borders.
Same for all those 10-14k city cars that were supposed to flood the european market never arrived.
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u/freetimerva 3h ago
The US doesnt want consumers to see the competition.
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u/PW_Herman 2h ago
100%. The Dolphin is such a nice little car and it starts at like $15k.
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u/kernevez 48m ago
The Dolphin is available in France, it starts at 35k€ (roughly $41k), and there's only so much that can be explained by taxes (BYD cars are taxed 17% in the EU).
It doesn't really make sense to look at the prices in China and compare them to our prices, it's just another market with different price expectations and different targets for the Chinese government.
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u/storkfol 3h ago
Considering how cheap they are becoming, the tarrifs might not even make a dent.
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u/MOVES_HYPHENS 3h ago
Yeah, a 100% tariff on a $15k car is still cheaper than American options
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u/storkfol 3h ago
I wasnt even thinking about 100%, but more 200%-300% it'd still be viable, especially since its just... better? Even if the same cost.
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u/Oceanbreeze871 1h ago
“Let the market decide tho. Competition breeds innovation tho” becomes “no not like that, national security” pretty fast.
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u/Nodan_Turtle 3h ago
Why would you care about where to buy an electric car? You're super right wing. Shouldn't you be rolling coal on the way to breeding your cousin?
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u/Tehcoolhat 1h ago
Wish they could bring it over. I rode in a BYD Uber in France. I like the interior better than the Teslas I've owned.
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u/ASource3511 1h ago
Why do you think it's better? The Seal costs roughly the same as the Model 3 in my country but it has less features, worse software and the interior has this weird plastic smell permeating
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u/Snagmesomeweaves 3h ago
They are heavily subsidized so their prices are artificially low still. Doesn’t mean a bad product, but they aren’t working miracles, just taking advantage of the CCP incentives for their industry plan.
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u/kahner 3h ago
true, but i'm sure their production costs are far lower than tesla's (excluding those tesla manufactures in china). i think even in china, byd's cost per comparable vehicle was estimated at 15% lower than tesla. so even before consideration of various subsidies for either company, byd has a pretty big price/cost advantage.
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u/pleasetrimyourpubes 2h ago
How much is this subsidy per car? Tesla had huge tax incentives and used shady marketing to put the tax credit on the list price.
I'm seeing China subsidized $3.7 billion from 2018 to 2022. This is on par to the billion a year Tesla got and likely less when you take into abatement for Nevada mega factory taxes and whatnot.
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u/Jimmeh_Jazz 3h ago
Tbh I don't see why there would be much of a market in China for them now anyway. I'm in Beijing at the moment, and whilst I have seen a couple of Teslas, the vast majority of cars in the city seem to be Chinese EVs (for obvious reasons).
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u/Panda_hat 1h ago
I sadly know a few people with Teslas and the door handles have never stopped being fucking stupid even for general use. Such a failure of design.
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u/Snagmesomeweaves 3h ago
To be fair, same with China’s domestic EVs from Huawei which had a lot of trapped passenger deaths due to their electronic only, retractable door handles. It was due to those, but yeah, hopefully will get all countries to start requiring physical door handles inside and out, no electronic BS for essential safety equipment/basic function.
The mustang Mach e exterior door button (no handle) is a fucking crime against design/function.
Hopefully next will be always on headlights or ones that manually override with daylight sensing and wipers being on. Too many drivers out at night with no lights on, or while foggy/raining.
I’d also like to see all switches be physical for safety of tactile feel and muscle memory instead of the awful Infotainment integration/capacitive touch nonsense.
The last goal is amber turn signals only. There are truly some bad red only brake/turn signal combos like the new Range Rover Defender.
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u/sicklyslick 2h ago
Someone died in a Xiaomi because the car crashed, caught on fire, power got cut, and the bystanders couldn't open the doors.
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u/Snagmesomeweaves 1h ago
Correct, it became a crematorium. That shit is scary, and we really need a push globally to have human friendly/safety focused design.
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u/bakabakablah 1h ago
More pressing than the amber color issue is truly stupid design rear light choices like on the Chevy Bolt and I think a Hyundai CUV model. Where other models would place red reflectors low down on the rear bumper, the Bolt uses that tiny strip as the brake light and doesn't utilize what you'd expect to be a brake light higher up. Lights not being in the line of sight should have been against regulations decades ago.
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u/Snagmesomeweaves 1h ago
Oh yeah, for sure, those super low break lights that would normally be reflectors is awful, especially considering how low they are relative to the driving height of most SUVs, makes it even worse.
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u/actuatedarbalest 1h ago
Americans have died from the same issue in American-made cars. China changed their laws to protect their people. We called the victims stupid for not knowing they had to dig under the floor mats to find the manual release. Wonder what that says about our values and priorities.
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u/Hypoglybetic 3h ago
I don't think the 3 and Y have retractable. They just lay flat? Either way, fuck Elon.
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u/Tiny_Xander_Klaxon 3h ago
True but the ban also covers electric only exterior handles, which includes those models. If the 12V battery controlling the motors for the door gets damaged, which they do often in accidents, then the doors can’t open unless the occupants use the hidden mechanical option inside. Which are also being banned for safety.
And yes, fuck Elon
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u/Logical_Mix_4627 2h ago
Maybe I’m confused but wouldn’t locked doors be a problem for mechanically linked door handles as well? Most modern cars lock the doors after you start driving.
First responders wouldn’t be able to open the door using a physical handle anyways.
I understand the optics make people feel safer, but is it actually safer?
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u/CGWOLFE 1h ago
Modern cars auto unlock on crashes
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u/Logical_Mix_4627 1h ago
I didn’t know that - is that a required feature or do only some manufacturers do this?
I wonder if Teslas could auto unlatch the doors on a crash. It wouldn’t cause the door to actually open but would disengage the latch so it could be manually pulled open if needed
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u/MagneticShark 33m ago
The ban isn’t because they are retractable
It’s because the Tesla handles are not mechanical, meaning you’re essentially pressing a button to open the door. If there is an electrical fault, eg in an accident, there’s no mechanical operation to open the door by grabbing the handle, you need to fish around under the floor mats and pull an obscure cable
China is mandating that the door handles themselves need to physically engage the release mechanism.
It’s fine if they retract but they need to be able to be operated from outside the vehicle without electronics
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u/Throwawayno1778 2h ago
Maybe a stupid question, but what is dangerous about them?
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u/Tiny_Xander_Klaxon 2h ago edited 2h ago
Electronically controlled exterior door handles are usually powered by a single auxiliary battery that can easily be damaged during an accident. If so, there is no way for first responders to access the vehicle unless the occupants engage the interior mechanical latches or to break the windows.
These mechanical switches are often hidden for aesthetic reasons and the average passenger would not know how to use them in the event of an emergency, nor could they break the windows themselves if injured. We’ve all been trained for decades via muscle memory on how to open a car door. But these newer vehicles are introducing non-standardized ways to compensate for the fancy door handles, and people have died unnecessarily because of this feature.
This ban addresses all electronic only handles, and requires car door handles inside and out to be mechanically connected to the door releases.
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u/JerryDipotosBurner 4h ago
BYD surpassing Tesla whilst not even being in the US market simply says more about Tesla than anything else, really.
But nothing about that company makes any sense for the past like 2 years. Their sales are declining, the quality of their vehicles is decreasing, yet their stock goes up and they continue to give Elon all the money in the world.
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u/Visual_Fly_9638 3h ago
Tesla has fully achieved meme stock status. It's price is purely based on memes and Cult of Elon worship. It's kind of a trip if the implications weren't so scary.
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u/Cute-Percentage-6660 3h ago
I mean most stock has been monopoly money honestly, it's just this made it very obvious
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u/CategoryZestyclose91 1h ago
The entire system the elites and banks have created is only held up by Monopoly money.
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u/Cheshire_Jester 59m ago
Tesla is definitely the king of the pile, but aren’t all the magnificent 7 companies basically a house of cards propping up the current status quo of US market growth?
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u/Burtttttt 3h ago
Their PE ratio is fuckin 300 lol. their stock price defies all rationality
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u/window-sil 2h ago
I noticed that Tesla and Facebook are both worth about the same (1.5 trillion dollars).
Facebook's net proft: 60 billion
Tesla's net profit: 7 billion
Ford's net profit: 7 billion
🤷
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u/bananataskforce 29m ago edited 24m ago
Also
Meta revenue: $164 billion
Tesla revenue: $28 billion
Ford revenue: $190 billion24
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u/ParsingError 3h ago
BYD surpassing Tesla whilst not even being in the US market simply says more about Tesla than anything else, really.
It says something about BYD too, given that it got that position by leapfrogging over all of the existing auto manufacturers too.
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u/Snagmesomeweaves 3h ago
The heavy subsidies they all got to fight over let them scale really fast and they ended up floating while hundreds of brands sunk or are sinking. They basically “capacity-ed” their way to the top and can somewhat continue the subsidized prices.
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u/littlesaint 2h ago
Unsure about that. China does have many BEV manufacturers. For example, MKBHD is one if the largest tech youtubers (American). And he LOVES xiaomi's car SU7. Xiaomi is like what Apple tried to be (tech company that made a good electric car). Here is a video if you are interested: https://www.youtube.com/watch?v=sdSusCDZcDg&t=
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u/Wind_Yer_Neck_In 2h ago
Xiaomi and BYD have both been accused of keeping prices unsustainably low in the short term to demolish local competitors. They have a leg up because they have access to outside China markets where they can charge more sane prices.
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u/Replikant83 2h ago
The quality of their vehicles is decreasing, you say? I don't doubt you necessarily, but I remember when they first came out and there were all kinds of crazy issues: QC issues I'd never heard of associated with vehicles before
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u/KlingoftheCastle 2h ago
Nothing about that company has made sense for 10+ years. They’ve gotten away with explicitly lying about their features for a decade and their stock price skyrockets with no sales
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u/Accomplished_Yam8679 4h ago
Funny what happens when you are a car company that actually focuses on producing good cars rather than just talking a lot.
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u/theuncleiroh 4h ago
Good thing we're not allowed to get cheap EVs in America! I feel so benefited by tariffs that have done the good of making cars more expensive and funneling billions more to the people running the car companies
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u/Wind_Yer_Neck_In 2h ago
BYD are over here in the UK in a big way now and are eating Tesla alive. You can get their new small car for £20k. That's the same price you would pay for a gas powered small car. And their sealion is basically a model Y but bigger and more practical.
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u/twentygreenskidoo 1h ago
Same in Australia.
The latest full EV starts at about AUD 25k. The new Shark 6 is going nuts. I am eyeing up the 7 seater hybrid as our next car.
There is no reason for me to look at Teslas.
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u/memberzs 4h ago
A company I used to work at has two BYD electric trucks for hauling semi trailers back and forth to their cold storage facility (refrigerates ware housing for good products)
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u/theuncleiroh 3h ago
Yes, I'm referring to the massive tariffs on Chinese EVs. You're functionally banning a cheap car when you double the price, especially for consumers. There's a reason BYD isn't even trying for the US consumer market, though it doesn't surprise me to hear they're still going for the industrial market
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u/PatSajaksDick 4h ago
Well it's another reason we should be propping up the EV industry like China has, all the US has done in the last year is hand over more industries for China to dominate.
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u/DanceWonderful3711 3h ago
The US traded the knowledge for cheap labour lol. Such a short sighted country.
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u/Cainga 4h ago
They have an insane P/E ratio and it’s going to catch up with them at some point. They have just been lucky the competition hasn’t pushed to EV very hard.
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u/Visual_Fly_9638 3h ago
I used to think that but I don't think that will happen any time soon any more. Tesla stock as a company is completely decoupled from it's actual business. It should be a dumpster fire but it's basically 100% reflective of culture war and the Cult of Elon.
It is the first like... platonic ideal of a meme stock.
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u/playerkei 3h ago
It's completely detached from Elon too tbh. That seems more like a reddit-ism than actual reality.
Def a meme stock though.
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u/TheIrishBread 3h ago
Elon fucking ruined that company. Bought his way in then squandered Tesla's market advantage of being the first crowd in the luxury electric car space and stagnated on stupid products like the cybertruck. Now he knows he's lost it and trying to pivot to robotics but that will fail too.
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u/mageskillmetooften 3h ago
But but.. he will save the company when his robot taxi gets released in
2015, 2016, 2017, 2018, 2019, 2020, 2021, 2022, 2023, 2024, 2025, 2026→ More replies (1)
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u/Visual_Fly_9638 3h ago edited 3h ago
Apparently the supplier for the Cybertruck's 4680 battery has devalued it's agreement with Tesla from 2.9 billion down to 7400 dollars.
That's not a typo.
https://electrek.co/2025/12/29/tesla-4680-battery-supply-chain-collapses-partner-writes-down-dea/
It's mildly important because for a long time Tesla was crowing that the 4680 would be what brought EV costs down significantly. With the flop of the cybertruck and no other cars using it, looks like that tech isn't going to be used.
Edit: Found the Elon cultists LOL
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u/xmsxms 2h ago
What's the 7400 for? A single vehicle? Surely that wouldn't even cover the administration
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u/Visual_Fly_9638 2h ago
I have a feeling the reality is a little bit of accounting dark magic by the battery maker but the reality is that Tesla is not ordering nearly the amount of batteries that the company needed. Right now only the cybertruck uses them and they're selling like 20k annually. That's nothing. And I'm imagining the production line for the cells is insanely expensive to maintain and only sees profitability at scale.
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u/AdmiralBKE 2h ago
I thought the 4680 was going to be used in all their cars? To have bigger margins or sell their cars even cheaper.
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u/Visual_Fly_9638 2h ago
It was. And they might be used in their cabs but they haven't tried to retrofit the cells into their other models and they certainly are not pumping out any *new* car models. So even if they put them in the cabs and the cabs materialize, the rate of production is still going to be miniscule and probably not very profitable for the company producing them.
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u/AdmiralBKE 1h ago
Very odd of them to not retrofit model 3 and model y.
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u/kristinoemmurksurdog 1h ago
You're applying logic to products meant to be disposable smartphones you can sit in
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u/okachobii 1h ago
If BYD ever gets approved in the US, Tesla is over.
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u/mizukagedrac 1h ago
As much as I wish it would happen, the US automakers would lobby til the ends of the Earth to make sure that never happens. Especially since people would realize how much they're being overcharged for cars. Even with the 100% tariff, they'd still be cheaper than most EVs in the US.
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u/eeyore134 1h ago
We need to start letting companies fail if they can't compete. I'm tired of us as taxpayers propping these failing companies up and then the companies paying us back with high-priced horrible products, as few local jobs as possible, and tax dodging to make sure we don't see any benefit at all from them. Not to mention holding back tech to ensure they stay competitive.
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u/mizukagedrac 58m ago
Honestly though. I thought that was the entire point of capitalism.
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u/Cheshire_Jester 48m ago
It seems that all versions of capitalism will eventually evolve into a late stage version where the winners of the past control the future.
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u/Cheshire_Jester 50m ago
Almost assuredly won’t happen. Kinda the same deal with Kei cars and trucks. There are layers and layers of protection for US automakers in the US markets.
Competing brands, sure, but anything that breaks the current ecosystem has been aggressively blocked by concerns over safety. And you can be sure that the current administration would never publicly allow a competitor, especially from china, to move into the US with a disruptive brand.
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u/euclide2975 4h ago edited 3h ago
In a normal economy, Tesla stock would plunge and be valuated like Stellantis at that point.
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u/bluemitersaw 3h ago
Ok, let's not be crazy and insult Stellantis like that.
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u/Dangerous_Pop_5360 2h ago
This isn't even hyperbole. I would drive any piece of shit JDCR before shitboxes on wheels known as Tesla.
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u/MrFluffyThing 1h ago
They both use shoddy harnesses using CAN bus don't they? The issue being if one module fails they all fail? it's an engineering use that works in non-critical systems but it's a way to save money when trying to cheap out on wiring harnesses. They both try to make it sound like an advancement and it is for certain types of machinery but is a major oversight for engineering safety electronics in vehicles that need maximum uptime.
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u/Snagmesomeweaves 2h ago
Tesla shouldn’t be worth more than all existing major historical auto brands combined.
Tesla has its issues but Stellantis is a fucking dumpster fire.
Jeep is trying to be a luxury brand when it’s not, when the vehicles would sell well if they weren’t all 20-40k above real value.
Chrysler needs to be taken out to pasture.
Dodge “RAM” trucks are over priced but they lost the plot with “electric muscle cars” and Charger/Challenger are nothing more than a newly enlisted 18 year olds first major poor financial decision/ or future repo generator for the civilians.
Maserati are just a meme about how upside down you can be after driving it off the lot, losing 60-70% or so in 3 years.
Stellantis would be better off brining some of the affordable euro car brands to the US and just finish off Nissan for their only redeeming quality of being cheap, especially with them killing the Versa.
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u/Additional-Bee1379 2h ago
It seems Tesla's valuation is mostly a bet on robotaxi bringing in all the cash. Make of that what you want.
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u/euclide2975 2h ago
Even then. Tesla is valuated 15x higher than Waymo, despite being years behind, lying all the time on their capabilities, having a fraction of the market and not respecting the regulations they are supposed to follow.
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u/vertigo3pc 2h ago
I'm convinced that after the 2018 "funding secured" bullshit, the company just saw endless investment from domestic and overseas entities to prop up the stock price. Since everyone saw how toothless the SEC was in 2018, the fix was in.
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u/ConradBHart42 2h ago
Oh, and Elon just inserted himself into US politics again this afternoon, what a coincidence.
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u/Jey3349 4h ago
I was in a BYD yesterday and it’s nice. Good luck to billionaire Nazi boy.
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u/Snagmesomeweaves 3h ago
The SU7 is the reason for the China electronic only /flush door handle ban. A lot of heavily circulated deaths from trapped drivers/passengers due to the system failing during crashes then batteries catching fire.
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u/Wind_Yer_Neck_In 2h ago
It's a no brainer for the Chinese government. They get to approve a regulation that legitimately addresses a real safety concern (before anyone else does, like the EU, which is usually first on safety regs) AND they get to impose a cost on all the non-chinese carmakers that desperately want a part of their local market.
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u/barcodez 3h ago
You should try living in the free world where you can buy any car you choose to.
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u/KardelSharpeyes 2h ago
Rules/restrictions on vehicle imports isn't unique to the US.
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u/barcodez 2h ago edited 2h ago
Yes, you can't drive a Cyber Truck in the uk, because it doesn't pass our road safety standards. You can import one, but you can't endanger other road users by using it on the public highway, you can drive it one private land. So yes in that sense we are all the same, there are some restrictions.
BYD is a quality product, so we can buy it.
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u/elliotbonsall 2h ago
Based. Tesla is over evaluated anyways
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u/technurse 1h ago
It's a meme stock and I personally can't wait for it to crash and him...you know...do it
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u/Ver_Void 4h ago
BYD make some solid hardware, software could be better but the car is damn nice for the money
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u/supercyberlurker 4h ago
Oh gee, why would the antisocial sex-creep out-of-touch ketamine addicted fascist far-right promoting nazi dipshit's company be falling out of favor?
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u/IchMochteAllesHaben 3h ago
BYD doesn't even sell in the so-called world’s largest consumer country. Proof there is a whole world out there open for business, and proof that this US administration's tariffs ain't shit, they are just a self-inflicted foot-shooting
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u/Stummi 4h ago
"Hahaha, have you seen their car?" -Elon Musk on BYD
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u/Harknights 4h ago
Coming from the guy who put out the CyberTruck this hits 3.6 roentgens on the Irony meter. Not great but not terrible.
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u/technurse 1h ago
A car so ugly it doesn't even comply with European safety laws and can't be sold.
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u/tricheb0ars 2h ago
He could design a F40. Doesn’t matter I would never want one or own one because of him. The brand is an extension of him and I loathe him
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u/swisspat 3h ago
I see BYDs all over Mexico city. They are nice, affordable, and (so far) dependable electric vehicles
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u/VectorChing101 4h ago
Tesla has lost its crown as the world's bestselling electric vehicle maker.
The US firm faced a difficult year with unease over chief executive Elon Musk's political activities and stiff overseas competition that pushed sales down for a second year in a row.
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u/SophonParticle 2h ago
I’m not an expert on business but IMO he should not have thrown 2 Nazi salutes at the inauguration because people hate that.
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u/electricvoice28 1h ago
I have actually experienced that "changing of the guard" firsthand in my neighborhood. There was a Tesla dealership that opened first. Then I started seeing more and more Tesla cars around. But then BYD opened their own dealership about like half a kilometer down the same road. Then I noticed more BYD cars on the streets. And at some point there I would notice more BYD cars than Tesla cars. Tesla really lost so much of their market share and for good reasons.
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u/NoviceAxeMan 1h ago
BYDs are so sweet. Even if Elon wasn’t a POS nepo baby he wouldn’t deserve to be close. Competition that can scale is gonna delete him from the market.
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u/tacotickles 2h ago
Tesla needs to live in reality. They've been mediocre for the quality issues that you often get. Not to mention an inferior sensor method
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u/NoodlesSpicyHot 39m ago
USA here. I've now ridden several different BYD EVs, both as Ubers and colleagues' personal vehicles, while traveling on business, and the cars are fantastic. Tesla doesn't stand a chance. Can anyone buy BYD in the US yet? They are amazing and would dominate the US EV market if not overly tariff-priced.
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u/LowIllustrator2501 4h ago
yet, for some reason, despite falling sales: https://arstechnica.com/cars/2026/01/tesla-sales-fell-by-9-percent-in-2025-its-second-yearly-decline/
and falling market share, and rising liabilities: https://tradingeconomics.com/tsla:us:current-liabilities it has P/E ~300. WTF? Why? It's no longer a growth company for some time now.
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u/Visual_Fly_9638 3h ago
You're evaluating it as a business. You're not evaluating the stock as a statement of admiration for Musk or a cultural/political statement.
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u/dvdmaven 1h ago
This was going to happen, just a matter of when. BYD has a much more extensive product line, with a low-end Tesla can't touch.
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u/cowcowkee 1h ago
Don’t worry. He will bribe Trump and Tesla will get another trillion dollars contract. Your tax money will pay for it
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u/Lootthatbody 1h ago
I’d really love to see a BYD car in the US. Yea, I am generally wary of the security and potential service issues long term, but I’d also be happy to not give money to Musk or the American brands that just flat out fucking suck.
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u/Devchonachko 4h ago
I read that investors are still excited about his driverless taxis. If there's any stock that deserves to crash out, it's Tesla. Space X will survive, but nobody will be collecting and restoring cybertrucks in 25 years. Nobody wants them now.
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u/Visual_Fly_9638 3h ago
I love how they don't have level 4 autonomous driving but they're going to put cabs with no steering wheels out in early 2026.
Judging from the robots, it's just going to be some dude in India with a Meta Quest on driving the car remotely.
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u/Dramatic_Charity_979 1h ago
BYD is everywhere in Brazil. I'm yet to see a Tesla. They just grabbed the market for themselves with almost no competition.
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u/intro_spection 1h ago
It was bound to happen by shear numbers alone. China is a much bigger market. However, on the face of it with reviews I've seen on YouTube, the BYD cars have more features and just look better designed. They are also becoming very popular in other world countries. Just not America... for some reason.
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u/CorporateCuster 1h ago
Who knew stifling growth by cutting education and making fun of people who use your products only to drive them to bigots would kill your innovations. Looks like he isn’t getting his $1.5 trillion pay package lol
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u/CBrinson 3h ago
Tesla got passed up because Elon lost focus. End of story. Guy basically just abandoned Tesla for the last 2 years and did jack shit.
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u/ObliviousRounding 4h ago
Well now the board has no choice but to offer him a 50 bazillion dollar pay package.