La chaîne d'options affiche les données clés des options sur actions de BYD à différents prix d'exercice et dates d'expiration. Les traders utilisent ces informations pour analyser les transactions potentielles et évaluer le sentiment du marché pour BYD..

BYD (OTC:BYDDY) Stock, Chaîne d'Options

BYD COMPANY LTD ADR

Founded in 1995, BYD is a leading Chinese manufacturer in the design, development, and production of new energy vehicles, or NEVs. In March 2022, the firm discontinued production of internal combustion engine, or ICE, vehicles. Its products primarily target the growing midpriced mass-market segment in China's passenger vehicle market. The company sold about 4.3 million passenger NEVs in 2024, accounting for 35% of the Chinese passenger NEV market. Besides automobile production, the company is also engaged in handset components and assembly services, as well as the rechargeable battery and photovoltaics business. After more than 25 years of development, the company has established over 30 industrial parks worldwide.

BYD Co Ltd

Chinese carmaker BYD Company ADR (OTC:<a class="ticker" href="https://www.benzinga.com/stock/BYDDY#OTC">BYDDY</a>) might have stolen the April electric vehicle title in Europe, but markets didn&#8217;t bat an eyelid. Neither did Tesla (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) shares.
<a href="https://www.benzinga.com/25/05/45564693/byd-outsells-elon-musks-tesla-amid-european-plans-shift-into-gear">BYD sold 7,231 battery electric cars (BEVs) in Europe in April</a>, edging out Tesla, which sold 7,165, new figures from JATO Dynamics show. Although the milestone represents a symbolic turning point in the European EV battle, it didn&#8217;t dent investor faith, as Tesla shares gained more than 2% on the day of the news.
It's the first time a Chinese brand has outsold Tesla in Europe's BEV segment, a region where the U.S. automaker has long held the pole position. BYD's ascent has been swift: the company began serious expansion into Europe only in late 2022. 
But markets appear to be betting that it&#8217;s only short-term turbulence for Tesla.
<h1 class="wp-block-heading">ETF Exposure: Why Tesla Still Matters</h1>
Tesla&#8217;s short fall in European rankings will be a speed bump, but for <a href="https://www.benzinga.com/etfs">ETFs tracking the EV and clean energy theme</a>, the larger picture still seems intact. 
Tesla is still a top holding in many of the large ETFs, like the ARK Innovation ETF (BATS:<a class="ticker" href="https://www.benzinga.com/stock/ARKK#BATS">ARKK</a>), Global X Autonomous &amp; Electric Vehicles ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DRIV#NASDAQ">DRIV</a>), and iShares Self-Driving EV and Tech ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IDRV#NYSE">IDRV</a>), and today&#8217;s market response indicates that few are heading for the exits.
ARKK continues to hold a significant stake in Tesla (12.95%), relying on its push into autonomous mobility, artificial intelligence, and robotics. The upcoming robotaxi pilot and production of the Cybercab next year are part of ARKK's high-conviction, future-focused strategy. For investors betting on transformative tech, Tesla is still a solid play. The fund was up 1.42% at publication on Thursday.
ETFs like DRIV and IDRV has a wider exposure across the EV supply chain, including traditional automakers, chipmakers and software providers. Tesla is still one of the top holdings in both, but these funds also include companies like NVIDIA Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), Toyota Motor Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TM#NYSE">TM</a>), and Apple Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>), which help cushion any Tesla-specific volatility. 
This diversified approach makes it attractive to investors looking to benefit from the EV trend without putting all their chips on one automaker. Interestingly, though, IDRIV has rejigged its portfolio to dedicate the largest percentage distribution to BYD. Both the funds were fairly non-reactive to the news today.
Also Read: <a href="https://www.benzinga.com/markets/equities/25/05/45557873/tesla-bull-dan-ives-thinks-elon-musks-ev-giant-could-be-entering-a-golden-era-says-2-trillion-market-cap-on-the-table">Tesla Bull Dan Ives Thinks Elon Musk&#8217;s EV Giant Could Be Entering A &#8216;Golden Era,&#8217; Says 2 Trillion Market Cap &#8216;On The Table&#8217;</a>
<h1 class="wp-block-heading">Short-Term Wobble, Long-Term Vision</h1>
Tesla&#8217;s recent delivery downturn, continuing production interruptions and waiting for updated models such as the new Model Y have caused short-term headwinds. 
The stock is down more than 9% so far this year on an aggregate. Nevertheless, the company&#8217;s long-term strategy, backed by robotaxis, AI-based innovations, energy storage and next-generation vehicle platforms, is still compelling. Tesla&#8217;s pilot robotaxi launch will start as early as June in Austin, while a larger commercial fleet (Cybercab) is scheduled for 2026. 
For ETFs such as ARKK, which are constructed on narratives of innovation, Tesla still fits the thesis.
<h1 class="wp-block-heading">BYD&#8217;s Rise = A Diversification Opportunity</h1>
BYD&#8217;s increasing foothold in Europe, despite the tariffs on Chinese manufacturers imposed by the European Union, underscores the need for geographic diversification across EV ETFs. Funds like KraneShares Electric Vehicles and Future Mobility ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KARS#NYSE">KARS</a>), which encompass both Western and Chinese carmakers, are uniquely positioned to capitalize on the worldwide nature of EV growth. BYD is also growing rapidly, doubling international sales in April on a year-over-year basis, and establishing manufacturing platforms in Hungary and Turkey to circumvent EU import tariffs.
<h1 class="wp-block-heading">ESG Considerations And Musk&#8217;s Shadow</h1>
Tesla CEO Elon Musk, remains a magnet for attention, some of it unwanted. Protests and controversy surrounding his politics have generated backlash in the U.S. and Europe, creating an overhang for ESG-oriented funds. Nevertheless, for most ETFs, the firm&#8217;s role in electrification and renewable energy exceeds the reputation risk, at least in the short term.
<h1 class="wp-block-heading">Room To Grow</h1>
Tesla&#8217;s affordability, volume expansion, and capital-free manufacturing focus is unbroken. The firm is targeting lower-cost models and expanding production with minimal incremental capital, aiming for a 60% uplift ratio over 2024 levels. Its energy segment is also picking up, with record Powerwall installations and expanding margins.
<h1 class="wp-block-heading">Conclusion</h1>
BYD&#8217;s passing of Tesla in Europe&#8217;s EV rankings is news-worthy, but not necessarily the turning point. ETF investors and the broader market seem to be seeing through the noise and concentrating on fundamentals. Tesla might be facing choppy waters today, but it remains an ETF pick and is at the center of the future of mobility and innovation.
As the EV industry continues to grow, ETFs that accept Tesla&#8217;s long-term vision along with the emergence of legitimate challengers such as BYD might be the most balanced way to go.
Read Next: 
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<li><a href="https://www.benzinga.com/25/05/45570155/new-usng-etf-targets-natural-gas-infrastructure-amid-rising-energy-demand">Amplify, Samsung Launch Natural Gas ETF To Power Up AI-Era Infrastructure Boom</a></li>
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AAPL

ARKK

BYDDY

DRIV

IDRV

KARS

NVDA

TSLA

BYD Outsells Tesla In Europe, But These ETFs Still Back Elon's EV Empire

China's BYD Co. Ltd. (OTC:<a class="ticker" href="https://www.benzinga.com/stock/BYDDY#OTC">BYDDY</a>) has surpassed Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) for the first time in European sales.
What Happened: BYD registered 7,231 battery-electric vehicles in Europe in April, which was higher than Tesla's 7,165 units during the same period, market research firm JATO Dynamics reported on Thursday.
Although the difference between the two brands' monthly sales totals may be small, the implications are enormous. This is a watershed moment for Europe's car market, particularly when you consider that Tesla has led the European BEV market for years," JATO analyst Felipe Munoz said.
The report also suggests that BEV demand in the region has experienced a 28% YoY increase in April 2025, when compared with last year. Chinese brands have been driving the growth in the region, the report said.
While BYD experienced a surge, Tesla reported a 49% YoY drop in volumes in Europe, the report suggests. The drop in volumes signals a tough time for Elon Musk's EV giant.&nbsp;
Why It Matters: The report comes in as BYD has launched the<a href="https://www.benzinga.com/markets/25/05/45560953/byds-europe-pivot-in-full-swing-with-new-26000-affordable-ev-amid-tesla-sal"> Dolphin Surf EV</a> in Europe, which is based on the company's best-selling EV in China, called the Seagull. The dolphin surf is available for a price of $26,000.
BYD's European push stems from the <a href="https://www.benzinga.com/25/04/44946809/byd-rejigs-european-strategy-amid-lack-of-market-knowledge-and-modest-dealer-network-report">company's strategy pivot</a> as the EV giant failed to meet growth targets due to a poor understanding of the region, as well as a lax dealership network, among other reasons.
However, the company has since developed its strategy and its new <a href="https://www.benzinga.com/25/04/45097773/satellite-images-put-tesla-rival-byds-hungarian-factory-capable-of-producing-200k-units-annually-in-the-spotlight">Hungarian manufacturing facility</a>, capable of producing over 200,000 EVs annually, indicates BYD's aggressive push in Europe.
Elsewhere, Tesla has experienced a <a href="https://www.benzinga.com/markets/25/05/45220631/tesla-new-car-sales-hit-2-year-low-in-uk-germany-as-european-woes-continue">decline in sales</a> in several European markets, largely driven by Musk's involvement in the Trump administration and Tesla's aging line-up of vehicles.
Check out more of Benzinga's Future Of Mobility coverage by<a href="https://www.benzinga.com/topic/mobility"> following this link.</a>
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<li><a href="https://www.benzinga.com/25/05/45559524/gary-black-calls-tesla-rival-baidus-apollo-go-autonomous-ride-leader-following-eleven-million-paid-robotaxi-rides-milestone">Gary Black Calls Tesla Rival Baidu&#8217;s Apollo Go &#8216;Autonomous Ride Hailing Leader&#8217; Following Eleven Million Paid Robotaxi Rides Milestone</a></li>
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Photo courtesy: Shutterstock

News

Markets

BYD Dethrones Tesla In European EV Sales For The First Time, Signaling A Growing Threat To Elon Musk's EV Empire

Chinese EV giant BYD Co. Ltd. (OTC:<a class="ticker" href="https://www.benzinga.com/stock/BYDDY#OTC">BYDDY</a>) has launched its best-selling all-electric hatchback Seagull's updated version in Europe.
What Happened: The EV hatchback, dubbed Dolphin Surf for the European Market, comes with a sticker price of 23,000 Euros or over $26,000, the company revealed on Wednesday. The EV will be available in three different trim levels, with the standard version offering a range of 137 miles while the long-range version boasts a range of 315 miles on a single charge.
BYD is offering a discount on the standard version of the Dolphin Surf until June, retailing for 19,990 or just under $23,000. The EV comes standard with BYD's Advanced Driver Assistance Systems. There is also a four-seater version in the pipeline.
The BYD Seagull is the company's best-selling model in China, appearing in the upper echelons of the domestic sales charts, trailing only behind rival Tesla Inc.'s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) Model Y. 
Why It Matters: The news comes in as BYD continues to expand its presence in the region. Recently, reports in the media showcased the company's manufacturing facility <a href="https://www.benzinga.com/25/04/45097773/satellite-images-put-tesla-rival-byds-hungarian-factory-capable-of-producing-200k-units-annually-in-the-spotlight">taking shape in Hungary</a>. The facility can produce up to 200,000 EVs annually.
The company also <a href="https://www.benzinga.com/25/04/44946809/byd-rejigs-european-strategy-amid-lack-of-market-knowledge-and-modest-dealer-network-report">revamped its European strategy</a> as it grappled with slower-than-expected growth in the region. BYD hired executives well-versed in the European market, as well as expanding dealer networks.
Interestingly, BYD's shift in Europe comes as rival Elon Musk's Tesla is experiencing a slump in the region with <a href="https://www.benzinga.com/markets/25/05/45220631/tesla-new-car-sales-hit-2-year-low-in-uk-germany-as-european-woes-continue">declining sales </a>in several European markets like Germany, Spain and the UK. Musk's EV giant's market share is now at 2% in Europe, declining from 2.9% last year.&nbsp;
Check out more of Benzinga&#8217;s Future Of Mobility coverage by<a href="https://www.benzinga.com/topic/mobility"> following this link.</a>
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Photo by Cobalt S-Elino via Shutterstock

BYD's Europe Pivot In Full Swing With New $26,000 Affordable EV Amid Tesla Sales Slump

Amazon.com Inc.&#8217;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) autonomous vehicle unit, Zoox, will start testing its <a target="_blank" href="https://www.benzinga.com/topic/autonomous-driving" rel="noreferrer noopener">self-driving vehicles</a> in Atlanta, Georgia.
Zoox <a target="_blank" href="https://techcrunch.com/2025/05/20/amazons-zoox-to-start-testing-avs-in-atlanta-following-waymo/" rel="noreferrer noopener">told</a> TechCrunch on Tuesday that autonomous driving will begin this summer.
In related news, Alphabet Inc.&#8217;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) Waymo, <a target="_blank" href="https://www.benzinga.com/tech/25/05/45512512/tesla-robotaxi-rival-waymo-announces-california-expansion-as-autonomous-taxi-race-heats-up" rel="noreferrer noopener">in partnership with</a> Uber Technologies, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UBER#NYSE">UBER</a>), is opening service&nbsp;for a limited selection of riders in Atlanta this week.
Also Read: <a target="_blank" href="https://www.benzinga.com/news/earnings/25/05/45514486/chinas-pony-ai-robotaxi-revenue-jumps-200-eyes-1000-vehicle-fleet" rel="noreferrer noopener">China&#8217;s Pony AI Robotaxi Revenue Jumps 200%, Eyes 1,000-Vehicle Fleet</a>
Lyft Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LYFT#NASDAQ">LYFT</a>) also <a target="_blank" href="https://www.benzinga.com/news/24/11/41798436/lyft-teams-up-with-intels-mobileye-may-mobility-for-robotaxi-services-as-tesla-gears-up-to-enter-aut" rel="noreferrer noopener">shared plans to</a> launch a driverless ride-hail service&nbsp;with&nbsp;May Mobility last November.
Zoox plans to <a target="_blank" href="https://www.benzinga.com/government/regulations/25/05/45246755/amazons-zoox-to-open-new-california-factory-scale-robotaxi-fleet-ahead-of-public-launch-in-las-vegas-and-san-francisco" rel="noreferrer noopener">offer public rides</a> in the robotaxi in San Francisco and Las Vegas, and production will ramp up substantially in 2026.
As per its co-founder Jesse Levinson, Zoox will open a new production facility in California&#8217;s Bay Area to expand its robotaxi fleet beyond its current small Fremont operation.
The production expansion followed the Trump administration&#8217;s plans to loosen regulations for self-driving car deployment amid growing competition from China&#8217;s&nbsp;BYD (OTC:<a class="ticker" href="https://www.benzinga.com/stock/BYDDF#OTC">BYDDF</a>) (OTC:<a class="ticker" href="https://www.benzinga.com/stock/BYDDY#OTC">BYDDY</a>) and other autonomous vehicle developers.
Meanwhile, Zoox has <a target="_blank" href="https://www.benzinga.com/25/05/45247102/amazons-tesla-robotaxi-rival-zoox-recalls-270-driverless-vehicles-following-las-vegas-crash-in-april" rel="noreferrer noopener">reportedly recalled over</a> 270 vehicles to rectify a software issue that led to a crash in Las Vegas, Nevada, on April 8, 2025.
<h2 class="wp-block-heading">Amazon Stock Prediction For 2025</h2>
Equity research analysts on and off Wall Street typically use earnings growth and fundamental research as a form of valuation and forecasting. But many in trading turn to technical analysis as a way to form predictive models for share price trajectory.
Some investors look to trends to help forecast where they believe a stock could trade at a certain point in the future. Looking at Amazon.com, an investor could make an assessment about a stock's long term prospects using a moving average and trend line. If they believe a stock will remain above the moving average, which many believe is a bullish signal, they can extrapolate that trend into the future using a trend line. For Amazon.com, the 200-day moving average sits at $200.0, according to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, which is below the current price of $203.5. For more on charts and trend lines, <a href="https://pro.benzinga.com/">see a description here.</a>
Traders believe that when a stock is above its moving average, it is a generally bullish signal, and when it crosses below, it is a more negative signal. Investors could use trend lines to make an educated guess about where a stock could trade at a later date if conditions remain stable.
Price Action: AMZN stock is down 1.23% at $203.60 at last check Tuesday.
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Phtoo by Sundry Photography via Shutterstock

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Amazon's Zoox To Launch Self-Driving Car Tests In Atlanta This Summer

Despite a rocky year-to-date drop of over 16%, Tesla Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) rallied 40% from its April lows and catapulted back to <a href="https://www.benzinga.com/markets/equities/25/02/43962728/tesla-loses-1-trillion-valuation-as-shares-plunge-8-elon-musks-doge-role-brand-backlash-fuel-sell-off">the $1 trillion club</a>. 
The electric vehicle maker, which lost its $1 trillion valuation in February, has powered up more than 26% in the past month thanks to a robotaxi update, technical momentum, and a sudden reprieve in <a href="https://www.benzinga.com/government/regulations/25/05/45367206/sp-500-rallies-over-3-on-us-china-90-day-tariff-truce-but-experts-warn-it-doesnt-guarantee-a-complete-resolution-of-the-trade-war">U.S.-China trade tensions</a>.
With shares now trading at $318.38, the Tesla stock chart now reads like a technician's dream. See below.
<figure class="wp-block-image size-full"><a href="https://www.benzinga.com/pro/register?utm_adType=bzprocontent&amp;utm_campaign=14daytrial&amp;utm_ad=0513"><img loading="lazy" decoding="async" width="633" height="488" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/13045647/Screenshot-2025-05-13-at-2.14.39-PM.png" alt="" class="wp-image-913139" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/13045647/Screenshot-2025-05-13-at-2.14.39-PM.png 633w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/13045647/Screenshot-2025-05-13-at-2.14.39-PM-300x231.png 300w" sizes="(max-width: 633px) 100vw, 633px" /></a></figure>
<a href="https://www.benzinga.com/pro/register?utm_adType=bzprocontent&amp;utm_campaign=14daytrial&amp;utm_ad=0513">Chart created using Benzinga Pro</a>
Read Also: <a href="https://www.benzinga.com/markets/equities/25/05/45366272/republicans-target-ev-perks-with-new-bill-ford-tesla-rivian-face-fallout-as-200-billion-in-battery-belt-investments-hang-in-balance">Republicans Target EV Perks With New Bill: Ford, Tesla, Rivian Face Fallout As $200 Billion In Battery Belt Investments Hang In Balance</a>
<h2 class="wp-block-heading">TSLA: Chart Whisperers Go Bullish</h2>
Tesla stock has closed above the closely watched 200-day simple moving average (currently at $294.06) and is trading comfortably above its five, 20 and 50-day exponential moving averages — a classic hallmark of a strong bullish trend.
The eight-day and 20-day simple moving averages are both giving firm buy signals, with prices well above those levels. Meanwhile, the Moving Average Convergence Divergence (MACD) indicator prints a healthy 11.17 and the Relative Strength Index (RSI) sits at 64.77 — suggesting momentum without overheating.
To top it off, Tesla just confirmed a triple bottom formation, a technical pattern, repeatedly bouncing off the support at around $225. This technical chart pattern often precedes sustained bullish reversals. Charts indicate a clear bullish uptrend from here, with key support zones at $289 and $225.
<h2 class="wp-block-heading">Robotaxi Dreams Vs. China Blues</h2>
While Wall Street is fixated on Musk's promised robotaxi debut in Austin next month — albeit with "maybe 10–20 vehicles" — China remains Tesla's Achilles' heel. The company slid to <a href="https://cnevpost.com/2025/05/12/automakers-share-china-nev-market-apr-2025/">eighth</a> place in China's new energy vehicle market in April, capturing just 3.2% share, down sharply from 7.5% in March.
BYD Co Ltd (OTCPK:BYDDF) (OTCPK:BYDDY) continues to dominate the Chinese NEV space, posting a staggering 268,778 units sold in April. Tesla's local deliveries dropped nearly 9% year-over-year. And yet, none of this has derailed the current rally.
<h2 class="wp-block-heading">Back In The Trillionaire Club</h2>
Thanks to a nearly 7% pop on Monday, Tesla rejoined the $1 trillion market cap club. Apple Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>), Nvidia Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) and Amazon.com Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) are also members.
The bigger surprise is just how fast sentiment flipped. CEO Elon Musk's decision to dial down his political involvement and refocus on Tesla may have rekindled investor faith. Although David Sacks, the White House&#8217;s &#8220;crypto czar,&#8221; recently <a href="https://www.benzinga.com/markets/25/04/45094266/elon-musk-isnt-completely-out-of-doge-hes-just-in-maintenance-mode-says-david-sacks-if-he-doesnt-theres-gonna-be-a-huge-backsliding" target="_blank" rel="noreferrer noopener">stated </a>that Musk was not completely out of DOGE.
If momentum holds and robotaxi execution doesn&#8217;t stumble, Tesla may be turbocharged for the second half of the year.
Read Next: 
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<li><a href="https://www.benzinga.com/25/05/45372179/us-china-tariff-truce-adds-nearly-45-billion-to-net-worth-of-elon-musk-jeff-bezos-mark-zuckerberg">Elon Musk, Jeff Bezos, Mark Zuckerberg Gain Billions As US-China Tariff Truce Boosts Tech Billionaires&#8217; Fortunes</a></li>
</ul>
Image: Shutterstock

Technicals

Tesla Back In The Trillionaire Club: EV Stock Revs Back With 40% Rebound, Robotaxi Update

Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) battery supplier Contemporary Amperex Technologies Co. Ltd., plans to raise over $4 billion through a stock listing on Hong Kong's stock exchange.
What Happened: The Chinese battery giant will aim to raise the figure by selling over 117.9 million shares priced at HK$263 ($33.75) on the Hong Kong stock exchange, Reuters reported on Monday.
The report also suggests that the deal could be raised to $5.3 billion if an offer size adjustment and a Greenshoe option are implemented, which essentially allows the underwriters to sell more shares if there is sufficient demand.
This is the biggest listing on the planet so far this year, the report said and the final price for the listing could be announced on or before May 19. The company says it will use the money raised to develop its Hungary manufacturing facility.
Why It Matters: News of the listing comes in as CATL <a href="https://www.benzinga.com/markets/asia/25/02/43613949/tesla-supplier-catl-eyes-5-billion-hong-kong-listing-amid-us-sanctions-market-revival-report">was previously eyeing a listing</a> in Hong Kong worth over $5 billion amid growing U.S.-China trade tensions.
The China-based EV battery manufacturer had also recently taken the wraps off its new battery, which offers <a href="https://www.benzinga.com/markets/25/04/44894382/tesla-battery-supplier-catl-unveils-new-fast-charging-battery-with-323-mile-range-in-five-minutes">over 323 miles of range</a> on a 5-minute charge.
CATL's clients include companies like Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>), Ford Motor Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/F#NYSE">F</a>), as well as Volkswagen AG (OTCPK: VLKAF).
Elsewhere, the Chinese EV industry is making headway into other markets throughout the world, with BYD Co.Ltd (OTC:<a class="ticker" href="https://www.benzinga.com/stock/BYDDF#OTC">BYDDF</a>) having laid out plans to construct a <a href="https://www.benzinga.com/25/04/45097773/satellite-images-put-tesla-rival-byds-hungarian-factory-capable-of-producing-200k-units-annually-in-the-spotlight">factory in Hungary</a> to aid its European strategy. The factory could help BYD produce over 200,000 vehicles annually.
Check out more of Benzinga's Future Of Mobility coverage by<a href="https://www.benzinga.com/topic/mobility"> following this link.</a>
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<li><a href="https://www.benzinga.com/25/04/44945220/chinas-geely-announces-it-will-share-battery-safety-patents-safety-lab-with-the-auto-industry">China&#8217;s Geely To Share Battery Safety Patents, Unveils World&#8217;s Largest EV Safety Lab At Shanghai Auto Show</a></li>
</ul>
Image Via Shutterstock

Asia

IPOs

VLKAF

Tesla Battery Supplier CATL Eyes Over $4B In Hong Kong Listing — Could Become 2025's Biggest IPO Yet

Tesla Inc.&#8217;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>)&nbsp;<a target="_blank" href="https://www.benzinga.com/topic/tesla-china" rel="noreferrer noopener">China-made electric vehicle</a> sales in April dropped 6% year-over-year, extending declines for a seventh month.
Deliveries of China-made Model 3 and Model Y vehicles totaled 58,459 units in April, down 25.8% from March, Reuters reported Wednesday, citing the China Passenger Car Association (CPCA).
Deliveries of China-made Model 3 and Model Y vehicles accounted for exports to markets, including sales in Europe and China.
Also Read: <a target="_blank" href="https://www.benzinga.com/25/05/45238222/teslas-future-hinges-on-china-fsd-analyst-says" rel="noreferrer noopener">Tesla&#8217;s Future Hinges On China FSD: Goldman Sachs</a>
Tesla&#8217;s sales&nbsp;plunged across Europe&nbsp;in April as brand sentiment and political backlash weighed on growth. CEO Elon Musk has acknowledged the challenges of running his business while working with the Department of Government Efficiency (DOGE).&nbsp;
Meanwhile, Tesla&#8217;s Chinese competitors have increased their market share. Tesla stock has lost 28% in stock value year-to-date.
Tesla ramped up efforts to sell into new markets such as&nbsp;India&nbsp;and&nbsp;Saudi Arabia to gain market share akin to its Chinese EV rivals.
Tesla also remains focused on commercializing the affordable version of Model Y in Shanghai in 2026.
Tesla&#8217;s <a target="_blank" href="https://www.benzinga.com/trading-ideas/movers/25/04/44607859/teslas-deliveries-slide-in-q1-amid-production-setbacks-political-backlash" rel="noreferrer noopener">first-quarter deliveries</a> dropped to 336,681 vehicles, down from 386,810 vehicles a year ago, amid production disruptions and weakening global demand. The electric vehicle company produced 362,615 vehicles, down from&nbsp;433,371 a year ago.
Tesla&#8217;s <a target="_blank" href="https://www.benzinga.com/government/regulations/25/03/44330619/tesla-bets-on-low-cost-evs-in-china-after-february-sales-hit-two-year-low" rel="noreferrer noopener">market share in</a> China&#8217;s battery-only EV market fell to 10.4% in 2024 from 11.7% in 2023 as it battled intense competition from Xiaomi (OTC:<a class="ticker" href="https://www.benzinga.com/stock/XIACF#OTC">XIACF</a>) (OTC:<a class="ticker" href="https://www.benzinga.com/stock/XIACY#OTC">XIACY</a>). BYD (OTC:<a class="ticker" href="https://www.benzinga.com/stock/BYDDF#OTC">BYDDF</a>) (OTC:<a class="ticker" href="https://www.benzinga.com/stock/BYDDY#OTC">BYDDY</a>) and Xiaomi have launched dozens of models to compete with Tesla.
Price Action: TSLA stock is down 0.31% at $274.50 at the last check on Wednesday.
Read Next:
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<li><a href="https://www.benzinga.com/25/05/45221976/ferrari-beats-q1-holds-2025-outlook-but-warns-tariffs-could-squeeze-profit-margins" target="_blank" rel="noreferrer noopener">Ferrari Beats Q1, Holds 2025 Outlook But Warns Tariffs Could Squeeze Profit Margins</a></li>
</ul>
Image via Shutterstock

Government

Regulations

Emerging Markets

XIACF

XIACY

What Is Going On With Tesla Stock On Wednesday?

Tesla Inc.&#8217;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) European woes continue to pose a problem for Elon Musk&#8217;s EV giant as sales in the UK and Germany hit new lows.
What Happened: Sales for the company's vehicles fell by over 62% in the UK compared to last year and declined 46% YoY in Germany, according to a report published by Reuters on Tuesday.
This decline in sales follows a trend for the company in Europe, with sales plunging in some other markets within the region. Tesla's share in the European market also declined to 2%, from 2.9% last year.
Why It Matters: Musk's company sold over 512 vehicles in April, compared to 1,352 units last year in the UK. Interestingly, Tesla <a href="https://www.benzinga.com/markets/25/05/45192200/teslas-european-woes-deepen-as-new-car-sales-for-april-plunge-in-spain-as-chinese-rivals-soar">sold over 571 units</a> in Spain, a 36% decline, according to data released by experts.
Tesla's sales in the region have taken a hit in Europe, even as EVs have seen <a href="https://www.benzinga.com/25/04/44975755/tesla-sales-decline-28-in-europe-as-ev-car-market-experiences-growth-report">greater adoption from drivers</a> in the region. Sales for BEVs rose 17.1% in the region, ACEA data shows.
The company also faces stiff competition from rivals in the region, with Chinese EV giant BYD Co. Ltd (OTC:<a class="ticker" href="https://www.benzinga.com/stock/BYDDF#OTC">BYDDF</a>) (OTC:<a class="ticker" href="https://www.benzinga.com/stock/BYDDY#OTC">BYDDY</a>) experiencing <a href="https://www.benzinga.com/news/global/25/05/45202597/tesla-stock-falls-on-european-sales-decline-rising-competition-whats-going-on">triple-digit growth</a> in sales. BYD also pivoted its European strategy earlier and is all set to produce vehicles in the region with a manufacturing <a href="https://www.benzinga.com/25/04/45097773/satellite-images-put-tesla-rival-byds-hungarian-factory-capable-of-producing-200k-units-annually-in-the-spotlight">facility in Hungary</a>.
The decline in sales for Tesla comes as Musk's endorsement of far-right political ideals has resulted in backlash against the billionaire as well as his company's products being at the receiving end of vandalism.
Check out more of Benzinga's Future Of Mobility coverage by<a href="https://www.benzinga.com/topic/mobility"> following this link.</a>
Read Next:
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<li><a href="https://www.benzinga.com/25/04/44945220/chinas-geely-announces-it-will-share-battery-safety-patents-safety-lab-with-the-auto-industry">China&#8217;s Geely To Share Battery Safety Patents, Unveils World&#8217;s Largest EV Safety Lab At Shanghai Auto Show</a></li>
</ul>
Photo courtesy: Tada Images / Shutterstock.com

General

Tesla New Car Sales Hit 2-Year Low In UK, Germany As European Woes Continue

Billionaire Warren Buffett has a long history of his Berkshire Hathaway Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BRK#NYSE">BRK</a>)(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BRK#NYSE">BRK</a>) conglomerate <a href="https://www.benzinga.com/general/education/25/01/42832123/warren-buffett-beats-sp-500-in-2024-how-oracle-of-omahas-returns-compare-over-past-20-years">outperforming the S&amp;P 500,</a> which is tracked by the SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>).
While many stocks are down in 2025, one of Buffett's top holdings is significantly outperforming the broader market and could help him outperform in 2025 once again.
What Happened: Buffett's investment in Apple Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>), which remains his largest stock position in Berkshire Hathaway, has <a href="https://www.benzinga.com/general/education/24/08/40652464/warren-buffett-celebrates-94th-birthday-with-1-trillion-market-cap-milestone-a-look-back-at-hig">helped produce strong returns</a> but is turning into a sore spot in 2025.
Apple stock is down 15.9% year-to-date in 2025. In fact, of the five largest stock holdings in Berkshire Hathaway, only one is positive year-to-date as shown below:
<ul>
<li>Apple Inc: -15.9%</li>
<li>American Express (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AXP#NYSE">AXP</a>): -7.1%</li>
<li>Coca-Cola (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KO#NYSE">KO</a>): +15.3%</li>
<li>Bank of America (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BAC#NYSE">BAC</a>): -7.3%</li>
<li>Chevron Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CVX#NYSE">CVX</a>): -5.3%</li>
</ul>
The Berkshire Hathaway portfolio includes positions in many stocks and one of the top performers year-to-date and over the last several years is Chinese automaker BYD Company ADR (OTC:<a class="ticker" href="https://www.benzinga.com/stock/BYDDY#OTC">BYDDY</a>).
The stock is up 49.1% year-to-date, up 69.3% over the last year and up 733.9% over the past five years. Along with beating Apple year-to-date, the five-year returns of the electric vehicle company also outpace Apple.
Buffett currently <a href="https://www.cnbc.com/berkshire-hathaway-portfolio/">owns </a>over 54 million shares of BYD valued at $2.7 billion. The stock represents around 1% of the Berkshire Hathaway portfolio with the conglomerate owning over 4% of the automaker.
While Buffett has <a href="https://www.benzinga.com/markets/equities/24/06/39481191/warren-buffets-berkshire-drops-byd-stake-despite-ev-leader-seeing-record-sales">trimmed the position</a> in BYD in recent years, he remains a key shareholder and the stock's gains are helping Berkshire Hathaway and the wealth of Buffett.
Berkshire Hathaway stock is up 19.3% year-to-date, outpacing the -3.0% performance of the SPY. Berkshire Hathaway has also outperformed the SPY on a one-year and five-year basis.
Buffett is now the sixth richest person in the world with a wealth of $166 billion, according to <a href="https://www.bloomberg.com/billionaires/?sref=TBDibEcD">Bloomberg</a>. Buffett has gained $23.6 billion in wealth and is the top gainer year-to-date among the world's billionaires.
Only three of the top 10 richest people in the world have added to their wealth in 2025, with six of the top 10 each losing $20 billion or more to their wealth totals.
Read Also: <a href="https://www.benzinga.com/25/04/44928468/warren-buffett-believer-in-american-companies-critical-of-tariffs-the-tooth-fairy-doesnt-pay-em">Warren Buffett, Believer In American Companies, Is Critical Of Tariffs: &#8216;The Tooth Fairy Doesn&#8217;t Pay &#8216;Em&#8217;</a>
Why It's Important: Buffett can thank companies like BYD that have gained in the Berkshire Hathaway stock portfolio for his increased wealth in 2025.
The growth may not be done for BYD as the company continues to expand in Europe and parts of Asia and is among the world's leaders in electric vehicle sales.
In March, BYD <a href="https://cnevpost.com/2025/04/10/automakers-share-of-china-nev-market-mar-2025/">was </a>number one in new electric vehicles sales in China, with 29.3% market share, outpacing Geely (11.2%) and Tesla (7.5%). In the first quarter of 2025, BYD had 28.8% market share for new electric vehicle sales in China.
A<a href="https://www.benzinga.com/25/04/45097773/satellite-images-put-tesla-rival-byds-hungarian-factory-capable-of-producing-200k-units-annually-in-the-spotlight"> new production facility</a> in Hungary is expected to produce 200,000 units a year and help BYD's expansion in Europe. The company is also considering another factory in the region, according to reports.
BYD sold 37,000 units in Europe in the first quarter of 2025, up from 8,500 units in the previous year.
In Japan and Australia, BYD is launching <a href="https://www.benzinga.com/news/management/25/01/42901570/warren-buffett-backed-byd-launches-australias-first-ev-under-30k-how-the-move-could-strengthen-fight-against-elon-musks-tesla">more affordable models</a> that could help expand its market share.
Future growth for BYD and continued stock gains could be important to Berkshire Hathaway continuing to outperform the S&amp;P 500 and for Buffett to grow his wealth.
Read Next: 
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<li><a href="https://www.benzinga.com/general/education/24/12/42734838/warren-buffetts-chilling-warning-to-employees-lose-a-shred-of-reputation-for-the-firm-and-i-will-be-ruthless">Warren Buffett&#8217;s Chilling Warning To Employees: &#8216;Lose A Shred Of Reputation For The Firm And I Will Be Ruthless&#8217;</a></li>
</ul>
Photo: Photo Agency via Shutterstock

Management

Warren Buffett Is Getting Richer In 2025 — And It's Not Because Of Apple: How One Chinese Holding Is Helping

As Chinese EV giant BYD Co., Ltd (OTC:<a class="ticker" href="https://www.benzinga.com/stock/BYDDF#OTC">BYDDF</a>) (OTC:<a class="ticker" href="https://www.benzinga.com/stock/BYDDY#OTC">BYDDY</a>) is gearing up to expand its presence in Europe, satellite images show the company's facility in Hungary taking shape.
What Happened: The images showcase the facility, spread over an area of 1.15 square miles, which can produce over 200,000 units a year, Business Insider <a href="https://www.businessinsider.com/satellite-photos-show-byds-massive-hungary-factory-taking-shape-2025-4">reported</a> on Wednesday.
According to the report, BYD has invested over $4.5 billion in the factory's construction, and the company expects units to start rolling off the line sometime in the latter half of this year.
The company also has plans to set up a facility in Turkey in the near future, and is considering a third factory in Europe, the report suggests.
Why It Matters: The news comes in as BYD has recently <a href="https://www.benzinga.com/25/04/44946809/byd-rejigs-european-strategy-amid-lack-of-market-knowledge-and-modest-dealer-network-report">rejigged its European strategy </a>by hiring executives well-versed with the European market from competitors, and trying to focus on Hybrid products.
BYD has since sold over 37,000 units in the European market in Q1 2025, compared to 8,500 units last year around the same time, that's a 335% YoY increase.
The company has also expressed plans to expand into other territories in Asia, as <a href="https://www.benzinga.com/markets/emerging-markets/25/04/44904375/tesla-rival-byd-targets-japans-minicar-market-with-for-new-affordable-ev">BYD will reportedly enter</a> the Japanese market with an affordable EV priced at around $17,000, putting it squarely against the Japanese minicars.
Elsewhere, BYD also recently revealed its latest <a href="https://www.benzinga.com/trading-ideas/movers/25/04/44630091/teslas-ev-crown-at-risk-as-byd-closes-in-with-breakthrough-charging-tech">battery charging technology</a>, which can provide 250 miles of range on a 5-minute charge.
Price Action: BYDDF currently trades for $48.26, according to<a href="https://pro.benzinga.com/dashboard"> Benzinga Pro data</a>.
Check out more of Benzinga&#8217;s Future Of Mobility coverage by<a href="https://www.benzinga.com/topic/mobility"> following this link.</a>
Read Next:
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<li><a href="https://www.benzinga.com/25/04/44945220/chinas-geely-announces-it-will-share-battery-safety-patents-safety-lab-with-the-auto-industry">China's Geely To Share Battery Safety Patents, Unveils World's Largest EV Safety Lab At Shanghai Auto Show</a></li>
</ul>
Photo by Cobalt S-Elino via Shutterstock

Equities

Tesla Rival BYD's Hungary Facility Takes Shape, Poised To Produce 200,000 EVs Annually: Report

Sen.&nbsp;Elizabeth Warren&nbsp;(D-Mass.) requested answers from&nbsp;Apple Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) CEO&nbsp;Tim Cook, citing a&nbsp;pattern of &#8220;influence-peddling&#8221;&nbsp;between the&nbsp;iPhone-maker and the&nbsp;Donald Trump&nbsp;administration over the <a href="https://www.benzinga.com/tech/25/04/44970168/elizabeth-warren-slams-tim-cook-over-alleged-backdoor-deal-with-trump-to-shield-apple-from-crushing-china-tariffs-creates-the-appearance-of-impropriety" target="_blank" rel="noreferrer noopener">trade negotiations with China</a>.
Amid escalating trade tensions between the U.S. and China, tech bull&nbsp;Dan Ives thinks the time is &#8220;ticking&#8221; for trade deals as Wall Street reels from the aftermath of a tug-of-war <a target="_blank" href="https://www.benzinga.com/25/04/44891715/tech-bull-says-time-ticking-for-trade-deals-as-earnings-season-gathers-steam-calls-nvidias-china-disclosure-a-game-of-who-blinks-first" rel="noreferrer noopener">between the world&#8217;s top two economies</a>.
Earnings
STMicroelectronics N.V.&#8216; (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/STM#NYSE">STM</a>) first-quarter FY25 net revenues of $2.52 billion represented a 27.3% year-over-year decline, beating the&nbsp;analyst consensus estimate of $2.51 billion. EPS of $0.06&nbsp;beat&nbsp;the&nbsp;<a target="_blank" href="https://www.benzinga.com/news/earnings/25/04/44978860/stmicro-calls-out-bottom-in-q1-forecasts-q2-rebound-focusing-on-cost-cuts" rel="noreferrer noopener">analyst consensus estimate&nbsp;of $0.04</a>.
Alphabet Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) reported first-quarter revenue of $90.23 billion, up 12% year-over-year, beating a Street consensus estimate of $89.2 billion and EPS of $2.81, beating a Street <a target="_blank" href="https://www.benzinga.com/25/04/44995955/alphabet-q1-earnings-highlights-google-search-youtube-cloud-show-robust-momentum" rel="noreferrer noopener">consensus estimate of $2.01</a>.
T-Mobile (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TMUS#NASDAQ">TMUS</a>) reported first-quarter EPS of&nbsp;$2.58, which beat the analyst consensus estimate of&nbsp;$2.44, and revenue of&nbsp;$20.89 billion, beating the analyst <a target="_blank" href="https://www.benzinga.com/news/earnings/25/04/44995935/t-mobile-shares-drop-despite-better-than-expected-q1-report-details" rel="noreferrer noopener">consensus estimate of&nbsp;$20.62 billion</a>.
VinFast Auto (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VFS#NASDAQ">VFS</a>) reported&nbsp;quarterly&nbsp;earnings per share of 54 cents loss, missing the street view&nbsp;of 23 cents loss and, revenues of $677.89 million missed the&nbsp;analyst <a target="_blank" href="https://www.benzinga.com/news/earnings/25/04/44989420/vinfast-auto-maintains-ev-delivery-outlook-amid-macro-uncertainty-despite-q4-margin-drag" rel="noreferrer noopener">consensus estimate of $859.08 million</a>.
International Business Machines Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IBM#NYSE">IBM</a>) reported quarterly earnings of $1.60 per share, which beat the analyst consensus estimate of $1.40 and revenue of $14.54 billion beat the analyst <a target="_blank" href="https://www.benzinga.com/news/earnings/25/04/44966124/ibm-shares-slide-despite-better-than-expected-q1-details" rel="noreferrer noopener">consensus estimate of $14.4 billion</a>.
Texas Instruments Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TXN#NASDAQ">TXN</a>) reported first-quarter revenue of&nbsp;$4.07 billion, versus&nbsp;estimates&nbsp;of $3.91 billion, and EPS of&nbsp;$1.28, <a target="_blank" href="https://www.benzinga.com/news/earnings/25/04/44966804/texas-instruments-q1-earnings-revenue-beat-eps-beat-strong-guidance-prepared-to-navigate-the-evolving-supply-chain-dynamics" rel="noreferrer noopener">versus estimates of $1.07</a>.
Lam Research (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LRCX#NASDAQ">LRCX</a>) reported quarterly earnings of&nbsp;$1.04&nbsp;per share, which beat the analyst consensus estimate of&nbsp;98 cents, and, revenue of $4.72 billion,&nbsp;which beat the analyst <a target="_blank" href="https://www.benzinga.com/news/earnings/25/04/44965339/lam-research-stock-climbs-after-strong-q3-results-q4-guidance-above-estimates" rel="noreferrer noopener">consensus estimate of&nbsp;$4.59 billion</a>.
Check Point Software Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CHKP#NASDAQ">CHKP</a>) reported quarterly revenue growth of 7% year over year to $637.8 million, topping the&nbsp;analyst consensus estimate of $636.2 million and adjusted EPS of $2.21, beat the&nbsp;analyst <a target="_blank" href="https://www.benzinga.com/25/04/44962682/check-point-q1-earnings-revenue-beats-expectations-ceo-highlights-strong-demand-for-quantum-force-and-ai-platform" rel="noreferrer noopener">consensus estimate of $2.19.</a>
AT&amp;T Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/T#NYSE">T</a>) reported operating revenues of $30.63 billion beating the&nbsp;analyst consensus estimate of $30.35 billion and adjusted EPS of $0.51 also beat&nbsp;the&nbsp;analyst<a target="_blank" href="https://www.benzinga.com/news/earnings/25/04/44947739/att-adds-324-thousand-postpaid-subscribers-in-q1-outpaces-verizons-289-thousand-loss" rel="noreferrer noopener"> consensus estimate of $0.49</a>.
SAP SE (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SAP#NYSE">SAP</a>) reported quarterly revenue of 9.01 billion euros ($9.48 billion), beating analyst estimates and earnings of 1.44 euros ($1.54) per share <a target="_blank" href="https://www.benzinga.com/news/earnings/25/04/44938879/sap-shares-climb-on-better-than-expected-q1-results" rel="noreferrer noopener">also came in ahead of estimates</a>.
Verizon Communications (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VZ#NYSE">VZ</a>) reported&nbsp;fiscal&nbsp;first-quarter revenue growth was 1.5% year-over-year, reaching $33.49 billion, topping the&nbsp;analyst consensus estimate of $33.24 billion. Adjusted EPS of $1.19 topped the&nbsp;<a target="_blank" href="https://www.benzinga.com/25/04/44920917/verizon-struggles-with-subscriber-losses-from-price-increases-competition-and-lower-government-support" rel="noreferrer noopener">analyst&nbsp;consensus estimate of $1.15</a>.
Smartphones &amp; Technology
The&nbsp;iPhone 17 series, the latest smartphone line-up from&nbsp;Apple, is reportedly facing significant stock shortages, and CEO&nbsp;Tim Cook&nbsp;is worried about it. The scarcity of Low CTE fiberglass cloth is reportedly causing a strain <a href="https://www.benzinga.com/25/04/44917129/apple-ceo-tim-cook-gets-anxious-over-this-issue-threatening-the-inventory-of-iphone-17-he-is-pushing-suppliers-every-day" target="_blank" rel="noreferrer noopener">on the&nbsp;stock of the iPhone 17&nbsp;series.</a>
Elon Musk&nbsp;says that&nbsp;Neuralink, which specializes in creating Brain-Computer Interfaces (BCI), will help <a target="_blank" href="https://www.benzinga.com/general/biotech/25/04/44892867/elon-musk-says-neuralink-will-help-blind-people-see-again-will-exceed-the-best-human-eyes" rel="noreferrer noopener">‘completely blind&#8217; people see again</a>.
Elon Musk&#8216;s BCI (Brain-Chip Interface) company&nbsp;Neuralink&nbsp;is reportedly eyeing an $8.5 billion pre-money valuation<a target="_blank" href="https://www.benzinga.com/general/biotech/25/04/44972585/elon-musks-neuralink-eyes-8-5-billion-pre-money-valuation-in-latest-funding-round-report" rel="noreferrer noopener"> amid talks with potential investors</a>.
Microsoft Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) introduced a newly redesigned version of <a target="_blank" href="https://www.benzinga.com/25/04/44973292/satya-nadella-calls-it-scaffolding-for-my-workday-introduces-microsoft-365-copilots-ai-glow-up-to-reshape-how-we-work" rel="noreferrer noopener">its Microsoft 365 Copilot app</a>.
Automotive
Tesla (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) has reportedly pivoted its marketing for the Cybertruck as CEO&nbsp;Elon Musk&#8216;s EV giant rebrands the vehicle <a href="https://www.benzinga.com/markets/25/04/44919745/cybertruck-gets-a-down-to-earth-redesign-as-tesla-shifts-to-traditional-pickup-marketing-amid-poor-sales" target="_blank" rel="noreferrer noopener">to showcase its utilitarian quotient</a>.
Tesla plans to ramp up production of its&nbsp;humanoid robot&nbsp;Optimus&nbsp;are facing significant roadblocks due to supply chain constraints and China&#8217;s new export <a target="_blank" href="https://www.benzinga.com/25/04/44941025/tesla-optimus-robot-hit-by-chinas-rare-earth-magnet-crackdown-elon-musk-says-thousands-may-be-ready-by-year-end-but-no-guarantees-when-you-have-a-complex-manufactured-product" rel="noreferrer noopener">restrictions on rare earth materials</a>.
Elon Musk&nbsp;shared a comprehensive list of updates on the company&#8217;s FSD (Full Self-Driving) technology, crucial <a href="https://www.benzinga.com/news/earnings/25/04/44943387/elon-musk-shares-fsd-update-at-tesla-earnings-call-10-to-20-model-ys-will-offer-paid-robotaxi-rides-in-june" target="_blank" rel="noreferrer noopener">for Tesla&#8217;s Cybercab ambitions</a>.
Tesla has revealed that the company is running its autonomous ride-hailing service in Austin, as well as<a target="_blank" href="https://www.benzinga.com/tech/25/04/44972108/tesla-quietly-launched-robotaxi-service-for-employees-before-june-debut-now-reports-1500-completed-trips" rel="noreferrer noopener"> the San Francisco Bay Area</a>.
Chinese battery manufacturer&nbsp;CATL&nbsp;(Contemporary Amperex Technology Co. Limited) has launched the second-generation <a target="_blank" href="https://www.benzinga.com/markets/25/04/44894382/tesla-battery-supplier-catl-unveils-new-fast-charging-battery-with-323-mile-range-in-five-minutes" rel="noreferrer noopener">‘Shenxing&#8217; fast-charging battery</a>.
Nio Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NIO#NYSE">NIO</a>) has announced it will delay the launch of its Firefly EV in Europe to the third quarter after it claimed to launch <a target="_blank" href="https://www.benzinga.com/25/04/44915240/tesla-rival-nio-delays-the-european-launch-of-firefly-ev-report" rel="noreferrer noopener">the product in the first half of 2025</a>.
General Motors Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GM#NYSE">GM</a>) will continue to produce its Ultium architecture-based EVs like the Chevrolet Equinox at its production <a target="_blank" href="https://www.benzinga.com/markets/25/04/44916042/general-motors-has-no-plans-to-move-ev-production-away-from-mexico-despite-tariff-uncertainty" rel="noreferrer noopener">facility in Ramos Arizpe, Mexico</a>.
Geely Automobile Holdings&nbsp;(OTC:<a class="ticker" href="https://www.benzinga.com/stock/GELYF#OTC">GELYF</a>) announced that the company will share its battery safety <a target="_blank" href="https://www.benzinga.com/25/04/44945220/chinas-geely-announces-it-will-share-battery-safety-patents-safety-lab-with-the-auto-industry" rel="noreferrer noopener">patents at the Shanghai Auto Show</a>.
BYD Co., Ltd (OTC:<a class="ticker" href="https://www.benzinga.com/stock/BYDDY#OTC">BYDDY</a>) is pivoting its European strategy as the Chinese EV manufacturer looks <a href="https://www.benzinga.com/25/04/44946809/byd-rejigs-european-strategy-amid-lack-of-market-knowledge-and-modest-dealer-network-report" target="_blank" rel="noreferrer noopener">to expand into the market</a>.
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Consumer Tech News (Apr 21-Apr 25): Microsoft's Copilot Gets a Sleek New Look, Apple Under Fire For 'Influence-Peddling' In US-China Trade & More

BYD Co., Ltd (OTC:<a class="ticker" href="https://www.benzinga.com/stock/BYDDF#OTC">BYDDF</a>) (OTC:<a class="ticker" href="https://www.benzinga.com/stock/BYDDY#OTC">BYDDY</a>) is pivoting its European strategy as the Chinese EV manufacturer looks to expand into the market.
What Happened: Failing to hire executives with an understanding of the European market, as well as a small dealer network, were some of the ‘strategic missteps' BYD took as it entered into Europe, sources told Reuters on Wednesday.
BYD targeted at least 5% of the European EV Market prior to beginning production at its facility in Hungary, the report says, citing former BYD European Chief Michael Shu. However, the company fell way below expectations, selling over 57,000 vehicles in 2024 with a 2.8% market share.
BYD had announced that Plug-In Hybrids would play a crucial role in its European strategy. That decision came after advice from the company's European special adviser, Alfredo Altavilla — a key figure in the rejig who convinced the brand that EV penetration in many European markets still lags behind ICE and Hybrids, the report suggests.
"It is necessary to educate customers in the green transition.&#8221; Altavilla shared in the report. BYD has since hired various executives from rival companies like Stellantis NV (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/STLA#NYSE">STLA</a>) as well as appointed executive VP Stella Li in charge of Europe, the report says.
The company's sales in Europe have since experienced a surge, having sold over 37,000 units in the region — including the United Kingdom — in Q1 2025. The company had sold just over 8,500 units last year, around the same time.
Why It Matters: BYD has recently made headway into Japan as the company targets the local minicar market with <a href="https://www.benzinga.com/markets/emerging-markets/25/04/44904375/tesla-rival-byd-targets-japans-minicar-market-with-for-new-affordable-ev">an affordable EV</a>. The company had also disrupted the Chinese domestic market by introducing its God's Eye driver assistance system even in affordable models.
BYD had recently unveiled<a href="https://www.benzinga.com/trading-ideas/movers/25/04/44630091/teslas-ev-crown-at-risk-as-byd-closes-in-with-breakthrough-charging-tech"> new charging tech</a>, which was capable of providing over 250 miles of range in just over 5 minutes of charging. BYD is now the world's largest battery EV manufacturer with over 15.7% of the global market share.
Elsewhere, other Chinese manufacturers are also making their way to the European market. However, it could prove to be difficult as Nio Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NIO#NYSE">NIO</a>) recently announced a delay to the launch of its <a href="https://www.benzinga.com/25/04/44915240/tesla-rival-nio-delays-the-european-launch-of-firefly-ev-report">Firefly EV in Europe</a>.&nbsp;
Price Action: BYDDF currently trades for $49.13, according to<a href="https://pro.benzinga.com/dashboard"> Benzinga Pro data</a>.
Check out more of Benzinga's Future Of Mobility coverage by<a href="https://www.benzinga.com/topic/mobility"> following this link.</a>
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Photo by Cobalt S-Elino via Shutterstock

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BYD Resets European EV Strategy After Missing 5% Market Goal Amid Poor Hiring, Weak Dealer Network: Report

Geely Automobile Holdings (OTC:<a class="ticker" href="https://www.benzinga.com/stock/GELYF#OTC">GELYF</a>) announced that the company will share its battery safety patents at the Shanghai Auto Show.
What Happened: The Chinese automaker revealed on Wednesday the &#8220;Geely Global Safety Center,&#8221; which the company says is the world's largest standalone safety lab. It also unveiled a new battery brand dubbed the &#8220;Geely Golden Short Blade Battery.&#8221;
The company says that it will make the Geely Global Safety Center accessible to the automotive industry, as well as share its patent for a battery pack bottom impact testing device &#8220;to support the adoption of critical EV safety standards.&#8221;
Why It Matters: Geely's announcement follows a host of developments made by Chinese EV and battery manufacturers. Recently, Tesla Inc.'s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) battery supplier CATL unveiled <a href="https://www.benzinga.com/markets/25/04/44894382/tesla-battery-supplier-catl-unveils-new-fast-charging-battery-with-323-mile-range-in-five-minutes">a new battery</a>, which could provide 323 miles of range on a 5-minute charge.
BYD Co., Ltd (OTC:<a class="ticker" href="https://www.benzinga.com/stock/BYDDY#OTC">BYDDY</a>) (OTC:<a class="ticker" href="https://www.benzinga.com/stock/BYDDF#OTC">BYDDF</a>) also showcased its advancements in the EV space as it revealed a <a href="https://www.benzinga.com/trading-ideas/movers/25/04/44630091/teslas-ev-crown-at-risk-as-byd-closes-in-with-breakthrough-charging-tech">fast-charging technology</a> that could help EVs get a 250-mile range in just over 5 minutes.
Interestingly, Tesla also shared statistics for its <a href="https://www.benzinga.com/25/04/44943086/tesla-announces-more-than-double-the-energy-products-deployed-in-q1-2025-report">energy storage deployments</a> following Tuesday's earnings call, where the company says it deployed more than double the amount of energy storage products in Q1 2025 compared to the same time last year.
Check out more of Benzinga&#8217;s Future Of Mobility coverage by<a href="https://www.benzinga.com/topic/mobility"> following this link</a>
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Image Via Shutterstock

China's Geely To Share Battery Safety Patents, Unveils World's Largest EV Safety Lab At Shanghai Auto Show

Chinese electric vehicle heavyweight BYD Company (OTC:<a class="ticker" href="https://www.benzinga.com/stock/BYDDY#OTC">BYDDY</a>) (OTC:<a class="ticker" href="https://www.benzinga.com/stock/BYDDF#OTC">BYDDF</a>) plans to break into Japan's <a target="_blank" href="https://www.benzinga.com/topic/electric-vehicle" rel="noreferrer noopener">light minicar</a> market.
Nikkei Asia <a target="_blank" href="https://asia.nikkei.com/Business/Automobiles/Electric-vehicles/BYD-to-enter-Japan-s-mini-EV-segment-in-2026" rel="noreferrer noopener">reported</a> that the EV maker is planning an early 2026 entry into the market, which has been dominated by local players so far.
BYD is aiming to price its electric minicars at approximately 2.5 million yen ($17,558), placing them among the more affordable options in the segment.
The expansion aligns with the company's accelerating global growth, particularly in Southeast Asia.
Also Read: <a target="_blank" href="https://www.benzinga.com/news/global/25/04/44848073/tesla-rival-xpeng-unveils-bold-vision-ai-powered-evs-flying-cars-humanoid-robots" rel="noreferrer noopener">XPeng Unveils Bold Vision: AI-Powered EVs, Flying Cars, Humanoid Robots</a>
In January, BYD revealed a <a target="_blank" href="https://www.benzinga.com/25/01/43001408/grab-teams-up-with-byd-to-boost-ev-availability-for-southeast-asias-driver-partners" rel="noreferrer noopener">regional collaboration</a> to provide up to 50,000 electric vehicles for Grab's driver-partners throughout Southeast Asia, aiming to boost the presence of eco-friendly transportation options for its customers.
BYD announced a major <a target="_blank" href="https://www.benzinga.com/markets/asia/25/03/44100134/tesla-rival-byd-raises-5-64-billion-through-share-placement-wants-to-use-funds-for-global-domination" rel="noreferrer noopener">capital raise in March to support</a> its global growth and research efforts by entering into an agreement to issue 129.8 million new H shares at HK$335.2 ($43.58) each.
The offering, which accounts for about 4.46% of the company's total shares, is expected to bring in approximately HK$43.38 billion ($5.64 billion) in net proceeds.
The company has led global new energy vehicle sales for three straight years and launched several brands BYD, Fangchengbao, Denza, and Yangwang, to serve a range of segments from mainstream to high-end markets.
In order to strengthen its position against rival Tesla Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>), BYD unveiled a <a target="_blank" href="https://www.benzinga.com/markets/equities/25/03/44369228/byd-unveils-5-minute-ev-charging-breakthrough-strengthening-edge-over-tesla-stock-spikes-4" rel="noreferrer noopener">charging system capable </a>of fully powering an EV as quickly as refueling a gas vehicle, addressing a major hurdle to broader EV adoption.
China topped worldwide <a target="_blank" href="https://www.benzinga.com/news/global/25/04/44820082/global-electric-vehicle-sales-jump-in-march-what-country-leads-in-sales" rel="noreferrer noopener">electric vehicle sales in the first quarter</a> of 2025, with 2.4 million units sold, a 36% increase from the same period in 2024. Close to one million of those sales occurred in March, approaching the record set in August 2024.
Price Action: BYDDY shares traded lower by 0.71% at $91.22 at the last check on Monday.
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Photo by Cobalt S-Elino via Shutterstock

Tesla Rival BYD Targets Japan's Minicar Market With For New Affordable EV

Rho Motion reported today a <a href="https://rhomotion.com/news/global-ev-sales-up-29-in-2025-from-previous-year/">substantial rise in global electric vehicle (EV) sales </a>for March 2025, underscoring continued momentum in the shift toward EVs.
The industry research firm recorded a 29% year-over-year increase in March 2025 EV sales and a 40% gain over February 2025.
According to Rho, 1.7 million EVs were sold globally last month, contributing to 4.1 million units moved in the first quarter.
China led global EV sales in the first quarter of 2025, delivering 2.4 million units, a 36% jump compared to the same timeframe in 2024.
Nearly one million of those were sold in March, coming close to the all-time high reached in August 2024. Although trade friction with the U.S. persists, the effect on Chinese EV exports has been minimal, given the relatively low shipment volume between the two countries. This also includes the Model S and Model X from Tesla Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>), which are exported from the U.S. to China, in low volumes, but due to the current tariffs, the price would almost double for these Tesla vehicles, said the press release.
Also Read: <a href="https://www.benzinga.com/25/04/44799936/nvidia-to-build-500b-ai-infrastructure-in-us-in-the-next-four-years-details">Nvidia To Build $500 Billion AI Infrastructure In US In the Next Four Years</a>
Europe posted solid growth in EV sales so far this year, with overall deliveries up 22% year-to-date. Battery EV (BEVs) climbed 27%, while plug-in hybrids (PHEVs) rose by 10%.
In contrast, France experienced an 18% decline in EV purchases YTD, after scaling back state incentives.
The U.K. stood out, recording a 42% increase in BEV sales and surpassing 100,000 total EV units sold in March, its highest monthly total ever.
EV sales across North America, which includes the U.S., Canada, and Mexico rose 16% in the first quarter of 2025.
However, recent policy changes could shift market dynamics. In March, President Trump imposed a 25% tariff on auto imports worldwide, a move likely to <a href="https://www.benzinga.com/25/04/44756759/new-research-shows-donald-trumps-25-tariffs-could-cost-auto-companies-108billion-report">drive up prices for both EVs and traditional gas-powered cars</a>. 
While automakers under the United States-Mexico-Canada Agreement (USMCA) can mitigate some of the impact by verifying U.S. content, <a href="https://www.benzinga.com/news/25/03/44522387/japanese-automakers-face-29-billion-tariff-hit-nissan-mazda-subaru-most-at-risk-says-analyst">companies with operations in Japan, Korea, and Mexico</a> are expected to bear the brunt, along with American manufacturers that build vehicles overseas.
Last year, around 60% of EVs sold in the U.S. were assembled domestically. Nevertheless, a notable portion still comes from international factories, many of which now face steeper trade hurdles.
The factors are poised to alter the pricing structure and competitive landscape of the U.S. automotive market moving forward.
Read Next: • <a href="https://www.benzinga.com/analyst-ratings/analyst-color/25/04/44800444/goldman-sachs-cuts-outlook-for-these-hotel-and-lodging-stocks-as-potential-recession-looms">Goldman Sachs Cuts Outlook For These Hotel And Lodging Stocks As Potential Recession Looms</a>
Photo: Tesla Model Y, courtesy Tesla Inc.

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Global Electric Vehicle Sales Jump In March: What Country Leads In Sales?

The European Union and China have agreed to explore setting minimum prices for Chinese-made electric vehicles as an alternative to tariffs imposed last year, a European Commission spokesperson said Thursday.
What Happened: EU Trade Commissioner Maros Sefcovic spoke with Chinese Commerce Minister Wang Wentao within the past 24 hours, with negotiations set to begin immediately, reported Reuters.
The potential pricing agreement would replace EU tariffs currently ranging from 17.0% for BYD (OTC:<a class="ticker" href="https://www.benzinga.com/stock/BYDDY#OTC">BYDDY</a>) to 35.3% for SAIC, on top of the standard 10% car import duty imposed last October.
&#8220;Any minimum prices would need to be as effective and enforceable as the EU tariffs,&#8221; Sefcovic has previously stated, noting that a single minimum price would likely be inadequate for complex products like cars.
See Also: <a href="https://www.benzinga.com/markets/25/04/44756353/xi-jinping-says-there-are-no-winners-in-tariff-war-as-china-slaps-125-tariffs-on-us-goods-urges-trump-to-immediately-correct-wrongdoings">Xi Jinping Says &#8216;There Are No Winners In Tariff War&#8217; As China Slaps 125% Tariffs On US Goods, Urges Trump To Immediately Correct &#8216;Wrongdoings&#8217;</a>
Why It Matters: The negotiations come amid escalating global trade tensions, with U.S. President Donald Trump recently announcing sweeping new tariffs.
Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) CEO Elon Musk reportedly appealed directly to Trump to reverse these policies, advocating instead for a &#8220;free trade zone&#8221; between <a href="https://www.benzinga.com/news/25/04/44735140/most-people-dont-have-the-balls-to-do-it-says-mark-cuban-praising-musk-for-going-all-in-with-his-own-money-for-his-startups">Europe and the United States</a>. &#8220;At the end of the day, I hope it&#8217;s agreed that both Europe and the United States should move ideally to a zero-tariff situation,&#8221; Musk said during an Italian political event.
Despite Musk&#8217;s significant <a href="https://www.benzinga.com/markets/equities/25/04/44679026/elon-musk-made-unsucessful-appeals-to-trump-to-reverse-new-tariffs-as-tesla-likely-to-take-a-hit-report">political contributions to Republicans and his advisory role to Trump</a>, his intervention has been unsuccessful. Tesla&#8217;s stock has declined by more than 33.45% this year amid market uncertainty.
Meanwhile, the U.S. electric vehicle <a href="https://www.benzinga.com/25/04/44755934/us-q1-ev-sales-data-shows-106-yoy-growth-tesla-experiences-decline-but-still-dominates-domestic-ev-sales">market continues to grow</a>, with sales increasing 10.6% year-over-year in the first quarter of 2025. Tesla maintains market leadership with a 43.5% share despite an 8.6% sales decline, followed by General Motors Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GM#NYSE">GM</a>) at 8.9% and Ford Motor Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/F#NYSE">F</a>) at 7.7%.
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Image via Shutterstock
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Europe, China Eye EV Price Pact To Avert Trump Tariff Escalation After Tesla CEO Elon Musk Pushes For Zero EU Tariffs Amid Declining Sales

On Friday, China&#8217;s finance ministry announced a 34%&nbsp;tariff on all goods imported&nbsp;from the U.S., effective April 10, in response to the U.S. administration&#8217;s 54% duties imposed by the Trump-led administration during the so-called <a target="_blank" href="https://www.benzinga.com/topic/tariffs" rel="noreferrer noopener">Liberation Day last week</a>.
Trump has&nbsp;threatened to impose an additional 50% duty&nbsp;on Chinese imports if Beijing does not <a target="_blank" href="https://www.benzinga.com/news/global/25/04/44679330/will-trump-impose-higher-tariffs-on-china-crypto-bettors-now-see-an-80-possibility" rel="noreferrer noopener">drop the 34% tariffs</a>.
On Monday, Trump hinted at more openness in trade negotiations with China after threatening to impose a 50% tariff on top of the 54% already levied.
&#8220;China also wants to make a deal badly, but they don&#8217;t know how to get it started,&#8221; <a target="_blank" href="https://www.benzinga.com/economics/macro-economic-events/25/04/44686417/wall-street-soars-as-trump-teases-trade-deals-magnificent-seven-add-over-500-billion-in-market-value" rel="noreferrer noopener">Trump wrote</a>.
Wedbush analyst Daniel Ives writes that &#8220;saying we can just make this in the USA&#8221; understates how complex the supply chain in Asia really is—and how electronics, chips, semiconductors, hardware, and smartphones have been built for U.S. consumers over the past 30 years.&#8221;
Also Read: <a target="_blank" href="https://www.benzinga.com/economics/macro-economic-events/25/04/44686417/wall-street-soars-as-trump-teases-trade-deals-magnificent-seven-add-over-500-billion-in-market-value" rel="noreferrer noopener">Wall Street Soars As Trump Teases Trade Deals, Magnificent 7 Add Over $500 Billion In Market Value</a>
&#8220;The reason I believe this is the biggest debacle ever seen in the markets is because its purely self-inflicted by Trump, and the logic about &#8220;near-term pain&#8221; is being way miscalculated, which speaks to our concern. It&#8217;s very easy to say &#8220;build in America&#8221; behind a microphone in the Beltway&#8230;the reality is so much different it&#8217;s almost a scary concept,&#8221; says Daniel Ives.
For U.S. tech/auto companies, tariffs are like flipping a boat with no life rafts.
The list of vulnerable companies is long and includes Apple Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>), Nvidia Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), Microsoft Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>), General Motors Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GM#NYSE">GM</a>), and Advanced Micro Devices, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>), among others.
Building a factory in the U.S. takes four to five years. The analyst explains that high labor costs and other expenses in the U.S. don&#8217;t align with how modern supply chains are designed to operate. This makes it hard to compete with Chinese tech giants like BYD Co Ltd (OTC:<a class="ticker" href="https://www.benzinga.com/stock/BYDDF#OTC">BYDDF</a>) (OTC:<a class="ticker" href="https://www.benzinga.com/stock/BYDDY#OTC">BYDDY</a>), Huawei, Alibaba Group Holding Limited (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BABA#NYSE">BABA</a>), Tencent Holdings Ltd (OTC:<a class="ticker" href="https://www.benzinga.com/stock/TCEHY#OTC">TCEHY</a>) (OTC:<a class="ticker" href="https://www.benzinga.com/stock/TCTZF#OTC">TCTZF</a>)—and many others—a big opportunity to expand their global reach.
Also, much of the key technology and intellectual property behind these supply chains is already deeply rooted in Asia. So, any effort to shift production to the U.S. would take at least a decade to make a real impact, Wedbush analyst writes.
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 Image: Shutterstock

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Trump Tariff Strategy Creates 'Self-Inflicted Market Debacle': Analyst

Chinese automaker BYD Co., Ltd. (OTC:<a class="ticker" href="https://www.benzinga.com/stock/BYDDY#OTC">BYDDY</a>) (OTC:<a class="ticker" href="https://www.benzinga.com/stock/BYDDF#OTC">BYDDF</a>) is reportedly on track to surpass Tesla and become the world&#8217;s top battery electric vehicle brand in 2025, capturing an <a href="https://www.benzinga.com/25/04/44610548/trumps-auto-tariffs-could-crush-demand-blow-26-billion-hole-in-industry-profits" target="_blank" rel="noreferrer noopener">impressive 15.7% global market share.</a>
According to Counterpoint Research&#8217;s latest Global Passenger EV <a href="https://www.counterpointresearch.com/insight/byd-to-surpass-tesla-as-global-bev-leader-in-2025-for-first-time/" target="_blank" rel="noreferrer noopener">Forecast</a> released Wednesday, BYD&#8217;s aggressive growth strategy, fueled by its technological innovations and vertically integrated production model, positions it as a strong contender in the electric vehicle market.
One of BYD&#8217;s most significant advancements is the introduction of its ultra-fast charging system, which sets a new industry benchmark.
Key features of the system include a 1,000V electrical architecture for efficient energy transfer, 10C charging rate batteries that provide up to 400 km of range in just 5 minutes, and silicon carbide power chips for enhanced efficiency and heat resistance.
Also Read: <a target="_blank" href="https://www.benzinga.com/markets/equities/25/04/44621297/tesla-brand-wont-suffer-from-elon-musks-antics-says-analyst-despite-delivery-miss-8-stock-drop-in-after-hours-trading" rel="noreferrer noopener">Tesla Brand Won&#8217;t Suffer From Elon Musk&#8217;s &#8216;Antics,&#8217; Says Analyst Despite Delivery Miss, 8% Stock Drop In After-Hours Trading</a>
The company&#8217;s Blade Battery technology, known for its safety and durability, further optimizes the system for rapid charging, positioning BYD ahead of Tesla&#8217;s Supercharger, which delivers only 275 km in 10 minutes, according to Counterpoint Research.
Tesla, however,<a target="_blank" href="https://www.benzinga.com/trading-ideas/movers/25/04/44611347/is-elon-musk-leaving-doge-role-trump-tells-cabinet-move-could-happen-soon-report" rel="noreferrer noopener"> is facing several challenges.</a>
The report says these include reputational issues due to CEO Elon Musk&#8216;s controversial political stances, softening sales in key markets, and escalating geopolitical risks, particularly U.S.-China trade tensions.
The electric vehicle company produced 362,615 vehicles (including 345,454 Model 3/Y)in the first quarter, down from <a href="https://www.benzinga.com/markets/equities/24/04/38047077/tesla-stock-dives-as-q1-deliveries-disappoint-but-ev-giant-reclaims-top-spot-from-chinese-rival" target="_blank" rel="noreferrer noopener">433,371 a year ago</a>.
t delivered 336,681 vehicles (323,800 Model 3/Y) in Q1, down from 386,810 vehicles a year ago.
Wedbush analyst Daniel Ives <a href="https://www.benzinga.com/analyst-ratings/price-target/25/03/44519930/tesla-turmoil-analyst-pins-hope-new-era-robotics-fsd">projected first-quarter revenue</a> of $24.05 billion and EPS of 56 cents. He expects the first quarter to be the "low point."
With these headwinds, Tesla&#8217;s growth could slow down through 2025.
BYD&#8217;s vertically integrated supply chain, which controls components like batteries and motors, gives the company a competitive pricing edge and operational efficiency.
If the fast-charging system delivers as promised, 2025 could be a defining year for BYD, cementing its place as a global BEV leader.
Price Action: TSLA shares are trading lower by 5.71% to $266.98 premarket at last check Thursday.
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Photo by Philip Lange on Shutterstock.

Movers

Tesla's EV Crown At Risk As BYD Closes In With Breakthrough Charging Tech

The 25% tariff on imported cars and parts could wipe out up to 3 million vehicle sales, slash automaker profits in half and throw the U.S. auto supply chain into chaos as manufacturers scramble to reconfigure operations in a high-stakes race against time, <a href="https://www.benzinga.com/topic/expert-ideas">according to Bank of America</a>. 
In a note shared Wednesday, research analyst John P. Babcock said President Donald Trump&#8217;s new trade action announced on March 26 would trigger significant demand destruction, higher consumer prices, and a severe blow to profitability, especially if additional parts tariffs are confirmed in May.
<h3 class="wp-block-heading">How Bad Could It Get For US Auto Sales?</h3>
The proposed tariffs—taking effect April 3—apply to all imported cars, light trucks and several critical components, including engines, transmissions, and electrical systems. According to Babcock, the industry response will be higher vehicle prices across the board.
If manufacturers pass along the full 25% tariff to consumers, BofA estimates a sales loss of 3.2 million units at the current trend rate of 16 million vehicles annually — a 20% collapse. A more conservative case, with only 15% of costs passed through, still implies a demand drop of 2.5 million units, or about 15%.
"Affordability has already been a challenge," Babcock said. "This only exacerbates the situation."
<h3 class="wp-block-heading">Can Automakers Reshore Production?</h3>
There may be limited relief for automakers with idle U.S. plant capacity. 
Bank of America estimates that more than a million vehicle assembly units could be reshored to U.S. factories with minor investments and hiring. General Motors Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GM#NYSE">GM</a>) and Stellantis NV (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/STLA#NYSE">STLA</a>) are best positioned for this pivot.
Yet, labor constraints, weak demand for some U.S.-built models and the logistical complexities of scaling production rapidly remain obstacles. 
Over a longer horizon, most automakers could bring production stateside, yet that would require "large capital investments" and likely further tilt the product mix toward higher-end vehicles, leaving a gap in affordable options.
Chinese automakers such as BYD Co. (OTC:<a class="ticker" href="https://www.benzinga.com/stock/BYDDY#OTC">BYDDY</a>), Geely, and Xiaomi could potentially fill that gap if they establish U.S. manufacturing.
<h3 class="wp-block-heading">What's The Real Cost Of Parts Tariffs?</h3>
While full vehicle reshoring is challenging, the real pain may come from the auto parts tariffs. A final decision is expected by May 3.
Babcock outlined three scenarios: targeted tariffs on powertrain and electronics, blanket tariffs on all auto parts, or a hybrid combination.
If all parts are hit with the 25% tariff, the cost per U.S.-assembled vehicle jumps by $3,285, including $1,065 for powertrain parts, $840 for electronics, and $1,380 for other components.
That alone translates to an average price increase of 8%+, which could either be passed on to consumers or absorbed in profit margins.
In total, the industry faces a $26 billion hit under this scenario, equivalent to "halving all automaker profits in the U.S.," Babcock said.
<h3 class="wp-block-heading">Reshoring Auto Parts? Not Likely</h3>
While some optimism exists around reshoring vehicle assembly, the parts side tells a different story.
According to Babcock, reshoring auto parts manufacturing is "essentially impossible" due to high U.S. labor costs and a lack of skilled workers.
Unlike vehicle plants that may have idle capacity, parts suppliers have little to no slack in the U.S. system, leaving supply chains exposed and North American production vulnerable to disruptions.
Tariffs on powertrain components may offer a narrow path to incentivize domestic production, but anything broader risks major breakdowns in vehicle manufacturing continuity.
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Photo: Shutterstock

Macro Economic Events

Econ #s

Economics

Trump's Auto Tariffs Could Crush Demand, Blow $26 Billion Hole In Industry Profits

Tesla Inc.&#8217;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) sales in key European markets continued their downward trend in March, extending losses for a third consecutive month in multiple countries as the electric vehicle maker faces mounting challenges from <a href="https://www.benzinga.com/markets/equities/25/04/44599196/gene-munster-warns-teslas-q1-deliveries-will-be-ugly-expects-june-to-be-worse-before-gradual-recovery">Chinese competition and backlash</a> against CEO Elon Musk&#8216;s political activities.
What Happened: New Tesla registrations in France dropped 36.8%, Sweden fell 63.9%, and Norway slipped 1% compared to March 2024, according to official data. 
Denmark and the Netherlands saw even steeper declines of 65.6% and 61%, respectively, reported Reuters. First-quarter sales were down across all these markets, with quarterly declines ranging from 12.5% in Norway to 55.3% in both Sweden and Denmark.
Musk&#8217;s increasingly visible political activities, including support for far-right parties in Europe and his close alliance with U.S. President Donald Trump, appear to be alienating potential customers. 
This political stance has made Tesla vehicles and showrooms targets for vandalism, with <a href="https://in.benzinga.com/markets/equities/25/03/44555726/chamath-palihapitiya-claims-tesla-attacks-part-of-organized-effort-against-elon-musks-doge-role">cars burned and dealerships spray-painted</a> in Rome, Berlin, and Stockholm in recent days.
&#8220;We&#8217;re all embarrassed,&#8221; said Luca Del Bo, president of Italy&#8217;s Tesla owners club. &#8220;We&#8217;d all be happy of course if Musk just went back to just being a CEO.&#8221;
See Also: <a href="https://www.benzinga.com/trading-ideas/movers/25/04/44599257/bitcoin-ethereum-dogecoin-edge-higher-as-market-braces-for-trumps-liberation-day-why-arthur-hayes-still-sees-btc-hitting-250000-by-year-end">Bitcoin, Ethereum, Dogecoin Edge Higher As Market Braces For Trump&#8217;s &#8216;Liberation Day:&#8217; Why Arthur Hayes Still Sees BTC Hitting $250,000 By Year-End</a>
Why It Matters: Analysts expect Tesla to announce disappointing first-quarter global deliveries on Wednesday. Deepwater Asset Management&#8216;s Gene Munster predicts <a href="https://in.benzinga.com/markets/equities/25/04/44599196/gene-munster-warns-teslas-q1-deliveries-will-be-ugly-expects-june-to-be-worse-before-gradual-recovery">approximately 355,000 deliveries</a>, down about 8% year-over-year and below the analyst consensus of 377,592. Prediction markets on Kalshi give just a 56% probability of Tesla exceeding 350,000 deliveries.
The company&#8217;s European market share has declined, with brands like BYD (OTC:<a class="ticker" href="https://www.benzinga.com/stock/BYDDY#OTC">BYDDY</a>) (OTC:<a class="ticker" href="https://www.benzinga.com/stock/BYDDF#OTC">BYDDF</a>) and other Chinese EV makers gaining ground.
Price Action: Tesla Inc. closed at $268.46 on Tuesday, gaining 3.59% for the day. In after-hours trading, the stock edged down 0.14% to $268.08. Year to date, Tesla has fallen 29.22%.
Tesla stock has outperformed rivals Nio Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NIO#NYSE">NIO</a>) and Lucid Group Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LCID#NASDAQ">LCID</a>) but trails Rivian Automotive Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RIVN#NASDAQ">RIVN</a>) in short- to long-term price trends, according to Benzinga Edge Stock Ranking. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">Sign up to learn more</a>.
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<li><a href="https://www.benzinga.com/markets/25/04/44601019/as-uncle-sam-tightens-purse-strings-palantir-is-feeling-the-squeeze">Elon Musk&#8217;s DOGE, Tightening Purse Strings Spell Trouble For Palantir: Here&#8217;s Why The AI Darling Is Facing The Heat</a></li>
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Image via Shutterstock
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

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