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22 BYD, Tesla's biggest rival in China, just doubled its profits

Business Insider
Pete Syme @ Business Insider · 04/25/2025 08:05 EDT

BYD, Tesla's biggest rival in China, just doubled its profits

BYD's net profit rose 100% to $1.3 billion for the first quarter, while Tesla's slumped more than 70% in the same period.

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