BYD's 2024 Revenue Surpasses Tesla! Is This the New EV King? 

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BYD surpassing Tesla in 2024 revenue is a monumental shift in the EV landscape. Does this signal the beginning of Tesla’s decline, or is it just a temporary setback? With BYD’s aggressive pricing strategy, particularly with the Qin L undercutting the Model 3, how will Tesla respond? Will we see price wars, increased innovation, or a shift in Tesla’s target market?

BYD’s rapid expansion outside China is also noteworthy. Given the current trade tensions and tariffs, is BYD’s avoidance of the US market a strategic move, or a forced limitation? Could this change in the future, and if so, how would it impact the American EV market? What are the chances BYD becomes the dominant global EV player within the next five years? I predict BYD will enter the US market by 2027 and become a serious challenger to Tesla's dominance.

Let’s discuss the implications of BYD’s success. What does this mean for the future of the EV industry, and which company are you betting on long term?

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