Tesla’s Annual EV Sales Drop for First Time in Over a Decade

US Stock Discussions
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https://www.bloomberg.com/news/articles/2025-01-02/tesla-s-annual-ev-sales-decline-for-first-time-in-over-a-decade

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P/E is still ~110 :slight_smile:

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Delivering a record 1.86 million vehicles. Not enough apparently for market experts. Target was 2 million. (Hardly 3% decline)

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Some close friends from China said that BYD car is everywhere in China and Tesla is rarely seen + new innovations from them is mind-blowing. Other car makers are also ramping up their game.

https://www.business-standard.com/companies/news/china-s-byd-chalks-up-new-record-in-ev-sales-narrows-gap-with-tesla-125010100638_1.html

BYD is just trading at P/E ratio of 21. 560% returns in last 5 years.
https://app.vestedfinance.com/stocks/byddy/byddy-share-price#overview

What do you guys think about investing in BYD instead? More potential for growth?

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