Tesla Stock Vs. BYD Stock: EV Giants Are Now Direct Rivals — And Partners

·19 min read
Tesla Stock Vs. BYD Stock: EV Giants Are Now Direct Rivals — And Partners

Tesla and BYD Co. are both fast-growing EV giants. While a lot of attention falls on startups such as Rivian Automotive, Lucid, Nio, Xpeng and Li Auto, as well as traditional automakers pushing into EVs, such as General Motors and Ford Motor, Tesla and BYD are setting the pace. Tesla reported better-than-expected earnings July 20.