BYD Reports Sequential Declines, Lawsuit, EV Interest, Australia, South Korea, Mobileye (04.27.23)
Tesla Daily: Tesla News & Analysis
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Tesla's Performance in the First Quarter
Tesla deliveries up 4%, revenue down 4% net income down about 29%. BYD though deliveries down just over 25%, revenue down 23%, net income down 43.5%. So again, the year over year numbers for BYD look pretty good in isolation but I think with this context it's difficult to say that this was not an extremely tough quarter for BYD. Next up we've got some new data on EVs from car max they have published their spring 2023 electric vehicle consumer report and one of their most interesting findings is a significant year over year increase in EV search volume which doubled year over year February to February. Unsurprisingly the Model 3 and the Model Y were the most searched for
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