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April 2023 EV sales in the World: Tesla Model Y Best selling EV
EV sales by region: Tesla China 38% US, Europe and others 62%, BYD China 97% Others 3%. Someone posted May 2023 EV Sales in China comparing Tesla to BYD is not showing the whole picture. It's fairer to look at EV sale in the world.
Quote:
Looking at April best sellers, there were no surprises on the podium. The Tesla Model Y was high above everyone else, while behind it, the BYD Qin Plus managed to beat the Tesla Model 3, profiting from Tesla’s usual off-peak month in the first month of each quarter.
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ZnWC
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I reflect trading experience by writing journals. My posts and comments are for education purpose not financial advice.
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铁掌水上漂 : There are plenty of people hate Tesla for no reason. In their mind, Tesla should have a PE near GM. LOL
104132545 Shalom 铁掌水上漂 : They have sour grapes syndrome.
ZnWC OP 铁掌水上漂 : The 2 articles below justify Tesla is still a buy with relatively high P/E ratio:
Why Tesla is 10 best stocks to buy now - Motley Fool (Part 1/2)
Why Tesla is 10 best stocks to buy now - Motley Fool (Part 2/2)
ZnWC OP 104132545 Shalom : They don't hate Tesla but like to spread negative bias info (rumour or FUD). Their aim is to profit from the panic selling. Tesla being one of the most volatile stock becomes their main target. Hence we need to know the fundamental of the company (and the rivals) well.
104132545 Shalom ZnWC OP : Thanks for exposing their unethical tactics.