Chinese electric car maker BYD reports 632% jump in profits as Tesla falters

Chinese electric car maker BYD reports 632% jump in profits as Tesla falters

Electric car maker BYD is speeding ahead of Tesla with respect to profitability. The Chinese company today (April 28) reported a 632% jump in profits in the first quarter from a year ago. Days earlier, the US car company led by Elon Musk announced one of its …
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