> Meanwhile, Tesla's Chinese competitor BYD (BYDDY), which sells a mix of pure EVs and hybrids, reported sales jumping 207% to 17,470 units sold in Europe. Another major China rival, SAIC, saw sales climb 46% to just under 24,000 vehicles sold.
From January to October this year, BYD has already sold nearly 140,000 units in Europe, an astonishing increase. Even setting aside people’s personal feelings about Musk, the main reason is probably that Tesla no longer has much competitive advantage. The BYD he once openly mocked with “have you seen their cars?” and laughed about by end up completely defeating Tesla in the European market
Personally, the one I most want to buy in the future is the Yangwang series, even though it’s very expensive. Or the series that comes with the drone feature.
> the main reason is probably that Tesla no longer has much competitive advantage
Yep, I think Tesla simply squandered its clear advantage and slowed research and innovation, while everybody else was accelerating.
I sat in one of the first BYD a couple years back, and for all the mocking of Tesla quality standards, it was a rattle fest, I thought I'd never buy one for sure. But if there's one thing I really appreciate about China is the ability to iterate stupid fast and make it totally about business, zero emotions. Car rattles too much? We'll fix it.
Forward to last year when I took an Uber in London which was a BYD Seal: dead silent, spacious and good looking, and they keep improving the hardware. The brand is back on my possible next-buy list.
The BYD cars are starting to look quite nice too. I saw one the other day that must have been a Seal and thought "that's a cool looking car what is it? huh a BYD"
From January to October this year, BYD has already sold nearly 140,000 units in Europe, an astonishing increase. Even setting aside people’s personal feelings about Musk, the main reason is probably that Tesla no longer has much competitive advantage. The BYD he once openly mocked with “have you seen their cars?” and laughed about by end up completely defeating Tesla in the European market
Personally, the one I most want to buy in the future is the Yangwang series, even though it’s very expensive. Or the series that comes with the drone feature.