Warren Buffett–backed BYD surpasses Tesla in global EV sales a decade after Elon Musk doubted the Chinese company’s technology
Did Tesla Lose the EV Crown? Here’s What to Know.
BYD, backed by Warren Buffett, sold more electric cars than Tesla during the first six months of the year, but that doesn’t mean it has sold the most battery-only electric vehicles. By comparison, Tesla (TSLA) delivered almost 565,000 vehicles in the first half of the year. In the second quarter, Tesla delivered 254,695 cars, a drop of 18% compared with first-quarter deliveries of 310,048, but June had the highest vehicle production in any month in Tesla’s history, according to the company.