オプションチェーンは、BYDの株式オプションの主要データを様々な行使価格と満期日で表示します。トレーダーはこの情報を使用して、潜在的な取引を分析し、BYDの市場センチメントを評価します。.

BYD (OTC:BYDDF) 株価情報, オプションチェーン

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.

News

Global

Markets

Tech

General

BYDDF

XPEV

欧州連合（EU）やアメリカの関税引き上げに対する対応として、中国の電気自動車（EV）メーカーが潜在的な市場としてアフリカを探っている。

欧州連合とアメリカの関税引き上げ　中国EVメーカーに打撃

Asia

Retail Sales

Media

BYDDY

国内で業績が鈍化しつつ、中国生まれの電気自動車メーカーが海外で波乱を巻き起こしている。 



出来事： 2024年第1四半期、中国の自動車ブランドは海外で前年度同期比40％の売り上げが伸び、輸出総数が47万台に達した。中国自動車乗用車協会（CPCA）のデータを引用したCnEVPostによれば、。



リードするのは中国の自動車メーカーのトップは、SAIC, Chery, グレートウォールモーター,

テスラの中国競合国内での売り上げ低下も世界市場を牽引｜「欧州で異なるアプローチを」

BYD Co Ltd

Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) shares have surged 46% since late April, adding $350 billion in market capitalization despite expected delivery declines, according to Gene Munster, Managing Partner at Deepwater Asset Management.
What Happened: Munster attributes 65% of the rally to two key factors: better-than-anticipated automotive gross margins and Tesla&#8217;s reaffirmed timeline for launching its ride-hailing service in Austin.
&#8220;The reason investors are looking the other way is that Tesla remains the best-positioned company in physical AI — and long term, that should be worth more than $1.1 trillion,&#8221; Munster wrote Wednesday on X.
Another 25% of the stock&#8217;s momentum came from the May 10 pause on China tariffs, which eased concerns about potential 145% parts cost increases. The 10% move followed news that Tesla&#8217;s Board is developing contingency plans for Elon Musk&#8216;s contested 2018 pay package.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">What makes the move more impressive is that most investors are well aware that delivery numbers need to come down this year. I'm still at 1.6 million (down about 11% YoY) vs. the Street at 1.72 million. The reason those investors are looking the other way is that Tesla remains… <a href="https://t.co/l1xZvje8Ng">https://t.co/l1xZvje8Ng</a>
&mdash; Gene Munster (@munster_gene) <a href="https://twitter.com/munster_gene/status/1922773902712877559?ref_src=twsrc%5Etfw">May 14, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
See Also: <a href="https://www.benzinga.com/general/health-care/25/05/45426769/unitedhealth-stock-plunges-over-8-in-after-hours-trading-as-doj-criminal-probe-adds-to-turmoil-after-ceo-shake-up">UnitedHealth Stock Plunges Over 8% In After-Hours Trading As DOJ Criminal Probe Adds To Turmoil After CEO Shake-Up</a>
Why It Matters: The planned June robotaxi launch comes as <a href="https://www.benzinga.com/markets/equities/25/05/45402695/teslas-robotaxi-plans-under-federal-scrutiny-ahead-ff-austin-launch-as-elon-musk-vows-nationwide-rollout-by-year-end">federal regulators scrutinize how Tesla&#8217;s autonomous vehicles will handle challenging conditions</a>. CEO Musk has promised a nationwide rollout by year-end, despite the National Highway Traffic Safety Administration requesting additional safety information.
&#8220;Heavy lifting ahead,&#8221; warns tech analyst Dan Ives, who estimates &#8220;15% to 20% permanent demand destruction&#8221; in Europe amid <a href="https://www.benzinga.com/25/05/45398745/heavy-lifting-ahead-dan-ives-says-teslas-future-hinges-on-autonomy-as-europe-demand-cratersxai-acquisition-could-be-musks-next-big-bet">rising competition from Chinese automakers</a> like BYD Co. Ltd. (OTC:<a class="ticker" href="https://www.benzinga.com/stock/BYDDF#OTC">BYDDF</a>).
With first-quarter profits down 71%, Ives believes Tesla&#8217;s future increasingly hinges on its autonomy initiatives. The ride-hailing opportunity could significantly impact Tesla&#8217;s financial profile, with Munster noting the U.S. market generates approximately $90 billion in annual <a href="https://www.benzinga.com/25/05/45398745/heavy-lifting-ahead-dan-ives-says-teslas-future-hinges-on-autonomy-as-europe-demand-cratersxai-acquisition-could-be-musks-next-big-bet">gross bookings across 4 billion rides</a>.
Price Action: Tesla rejoined the <a href="https://www.benzinga.com/news/management/25/05/45419116/musk-bezos-gain-billions-after-us-china-trade-deal-but-the-wealthiest-10-are-still-down-67b-in-2025">trillion-dollar valuation club</a> Wednesday after climbing 40% from April lows, though shares remain down 8.1% year-to-date in 2025.
Photo Courtesy: Josiah True on Shutterstock.com
Read Next: 
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/25/05/45426626/cathie-woods-wednesday-wisdom-bets-on-airbnbs-platform-expansion-dumps-palantir-at-peak">Cathie Wood&#8217;s Wednesday Wisdom? Bets On Airbnb&#8217;s Platform Expansion, Dumps Palantir At Peak</a></li>
</ul>
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Equities

TSLA

Tesla's $350 Billion Rally Isn't Just A Rebound — Gene Munster Says It's Riding On Margins, Robotaxis, AI And Elon Musk

Tech analyst Dan Ives offers a candid assessment of Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) as demand pressures mount and investor attention shifts toward its autonomy and AI roadmap.
What Happened: Appearing on the Risk Reversal podcast on Tuesday, Ives flagged Tesla&#8217;s worsening sales trends in Europe, estimating &#8220;15% to 20% permanent demand destruction,&#8221; up from his prior forecast of 5%.
&#8220;There&#8217;s some heavy lifting ahead,&#8221; Ives says, citing rising competitive pressures from the likes of Chinese auto giant BYD Co Ltd. (OTC:<a class="ticker" href="https://www.benzinga.com/stock/BYDDF#OTC">BYDDF</a>), both across China and Europe. 
With its core EV growth under pressure, Ives argues the company&#8217;s future increasingly relies on its autonomy and AI initiatives, while describing the next 6 to 8 months as a pivotal stretch. &#8220;You need to show that this is going to ultimately kick off the autonomous vision,&#8221; he says, pointing to the upcoming launch of the &#8220;CyberCab&#8221; as a potential inflection point.
See Also: <a href="https://www.benzinga.com/25/05/45381782/elon-musk-vows-to-spend-less-time-in-white-house-doge-office-investors-warn-the-damage-is-done-and-teslas-troubles-are-far-from-over">Tesla Supplier CATL Sets Modest Underwriting Fees For World&#8217;s Biggest IPO Of 2025</a>
Speaking on Elon Musk&#8217;s artificial intelligence startup, xAI that now owns X (formerly known as Twitter), Ives believes that such a move could help justify Tesla&#8217;s premium valuations by embedding advanced AI capabilities directly into its stack. 
Ives sees the odds of a Tesla-xAI merger at 35%, &#8220;The chance that that happens in the next 6 to 9 months is not 5%, it's more like 35%,&#8221; he says.
Why It Matters: Tesla's struggles in Europe <a href="https://benzinga.com/markets/25/05/45192200/teslas-european-woes-deepen-as-new-car-sales-for-april-plunge-in-spain-as-chinese-rivals-soar">deepened in recent weeks</a>, with new car sales in Spain falling 36% year-over-year in April, even as Chinese competitors posted a 54% increase over the same period.
The company nonetheless rejoined the trillion-dollar club on Tuesday, following a 40% rally from its April lows. In addition to the easing of trade tensions between the U.S. and China, the promised <a href="https://www.benzinga.com/news/25/05/45387469/tesla-stock-soars-amid-china-tariff-relief-and-robotaxi-buzz">debut of robotaxis</a> in Austin next month has led to this momentum.
Ives has always been bullish on <a href="https://benzinga.com/25/05/45126638/tesla-will-own-the-autonomous-market-dan-ives-says-shrugging-off-waymo-toyota-agreement">Tesla&#8217;s autonomous plays</a>, stating recently that the company &#8220;will own the autonomous market,&#8221; since &#8220;no one can compete with their scale and scope.&#8221; 
Others, including fund manager Gary Black, have similar views. Black said he <a href="https://benzinga.com/25/05/45339797/gary-black-doubles-down-on-ubers-autonomy-upside-reflects-on-tesla-debates-i-was-right-on-volume-pr-and-robotaxis">remains bullish on Tesla</a> over the long term, stating that &#8220;as EV adoption and demand for autonomy increase, $TSLA remains the best positioned to capitalize on these two megatrends.&#8221;
Price Action: Tesla shares rose 4.93% to $334.07 on Tuesday and gained nearly 0.7% in after-hours trading.
<figure class="wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio"> 
<div class="wp-block-embed__wrapper">
<iframe loading="lazy" title="Why Dan Ives Says Palantir Is the Real AI Winner Despite Sky-High Valuation" width="500" height="281" src="https://www.youtube.com/embed/JkcotyLg3oI?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe>
</div>
</figure>
<figure class="wp-block-image size-large"><a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound"><img loading="lazy" decoding="async" width="1024" height="136" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/14020320/Screenshot-2025-05-14-at-11.33.05-AM-1024x136.png" alt="" class="wp-image-914425" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/14020320/Screenshot-2025-05-14-at-11.33.05-AM-1024x136.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/14020320/Screenshot-2025-05-14-at-11.33.05-AM-300x40.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/14020320/Screenshot-2025-05-14-at-11.33.05-AM-768x102.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/14020320/Screenshot-2025-05-14-at-11.33.05-AM-1536x205.png 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/14020320/Screenshot-2025-05-14-at-11.33.05-AM.png 1606w" sizes="(max-width: 1024px) 100vw, 1024px" /></a></figure>
For more insights on Tesla&#8217;s stock score and price trends, sign up for <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">Benzinga Edge</a>. 
Photo courtesy: Kemarrravv13 on Shutterstock.com
Read More: 
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/25/05/45381782/elon-musk-vows-to-spend-less-time-in-white-house-doge-office-investors-warn-the-damage-is-done-and-teslas-troubles-are-far-from-over">Elon Musk Vows To Spend &#8216;Less Time&#8217; In White House DOGE Office – Investors Warn &#8216;The Damage Is Done&#8217; And Tesla&#8217;s Troubles Are &#8216;Far From Over&#8217;</a></li>
</ul>

Dan Ives Says Tesla's Future Hinges On Autonomy As Europe Demand Craters—xAI Acquisition Could Be Musk's Next Big Bet: 'Heavy Lifting Ahead'

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: 
<ul class="wp-block-list">
<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

Trading Ideas

AAPL

AMZN

NVDA

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>
Read Next:
<ul class="wp-block-list">
<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

IPOs

VLKAF

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

Reuters Reported BYD Aims To Sell Half Its Cars Outside China By 2030

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:
<ul>
<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:
<ul>
<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

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

Tesla Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) has seen a significant drop in&nbsp;new car sales in Spain, while competitors&#8217; electric vehicle sales have seen a sharp increase.
What Happened: Data&nbsp;released by industry group ANFAC&nbsp;on Monday reveals that Tesla sold 571 units in Spain in April, marking a 36% decrease from the same period in the previous year. In contrast, other brands&#8217; electric car sales have surged 54%, indicating a shift in consumer preference, as reported by Reuters.
The decline in Tesla&#8217;s sales is in stark contrast to the overall growth in the electric vehicle market in Spain, suggesting a significant shift in consumer preference towards other brands.
According to ANFAC&#8217;s report, sales of Chinese automakers BYD (OTC:<a class="ticker" href="https://www.benzinga.com/stock/BYDDF#OTC">BYDDF</a>), MG, and Omoda in Spain have surged by 644%, 80%, and 346%, respectively, so far this year.
This decline in sales is not an isolated incident. Tesla has been losing ground in Europe as well, with a&nbsp;<a href="https://www.benzinga.com/25/04/44975755/tesla-sales-decline-28-in-europe-as-ev-car-market-experiences-growth-report">28% sales decline</a>&nbsp;reported in April 2025. The company&#8217;s market share in the region has dropped to 2% from 2.9% around the same time in the previous year.
SEE ALSO:&nbsp;<a href="https://benzinga.com/news/25/05/45188594/trump-says-i-dont-know-when-asked-if-he-has-to-uphold-the-constitution-when-it-comes-to-mass-deportations" target="_blank" rel="noreferrer noopener">Trump Says &#8216;I Don&#8217;t Know&#8217; When Asked If He Has To Uphold The Constitution When It Comes To Mass Deportations</a>
Why It Matters: Tesla&#8217;s decline highlights broader brand issues, growing competition from Chinese automakers, aging vehicle models, and CEO Elon Musk&#8216;s increasingly polarizing public image. Musk&#8217;s support for far-right politics in Europe has sparked protests and led to vandalism at Tesla showrooms and charging stations in both the U.S. and Europe
In an attempt to expand its global presence, Tesla has started sales <a href="https://www.benzinga.com/25/04/44728787/tesla-to-make-saudi-arabia-debut-amid-infrastructure-challenges">operations in Saudi Arabia</a>. However, the declining sales in Europe and now Spain raise concerns about the company&#8217;s growth prospects in new markets. 
The shift in consumer preference towards other brands in the electric vehicle market is a significant development that could have far-reaching implications for Tesla&#8217;s market dominance. As the company continues to face stiff competition from other brands, it remains to be seen how it will navigate these challenges and maintain its position in the market.
Tesla holds a momentum rating of 92.03% and a quality rating of 95.35%, according to&nbsp;<a href="https://www.benzinga.com/quote/TSLA" target="_blank" rel="noreferrer noopener">Benzinga's Proprietary Edge Rankings</a>. For an in-depth report on more stocks and insights into growth opportunities,&nbsp;<a href="https://www.benzinga.com/screener/top-momentum-stocks" target="_blank" rel="noreferrer noopener">sign</a>&nbsp;<a href="https://www.benzinga.com/screener/top-momentum-stocks" target="_blank" rel="noreferrer noopener">up for Benzinga Edge.</a>
The shares of Tesla gained over 23% during the past month, whereas on a year-to-date basis, it plunged 24.2%. 
READ MORE:
<ul>
<li><a href="https://benzinga.com/markets/cryptocurrency/25/05/45187736/elizabeth-warren-slams-shady-deal-involving-trump-family-backed-usd1-as-democrats-withdraw-support-for-senarte-crypto-bill" target="_blank" rel="noreferrer noopener">Elizabeth Warren Slams &#8216;Shady&#8217; Deal Involving Trump Family-Backed USD1 As Democrats Withdraw Support For Senarte Crypto Bill &#8211; Benzinga</a></li>
</ul>
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo courtesy: Shutterstock

Tesla's European Woes Deepen As New Car Sales For April Plunge In Spain While Chinese Rivals Soar

President&nbsp;Donald Trump&nbsp;is expected to soon sign into law the "Take It Down Act," a sweeping bipartisan measure that targets the spread of nonconsensual, sexually&nbsp;explicit <a target="_blank" href="https://www.benzinga.com/media/25/04/45057271/donald-trump-set-to-sign-landmark-take-it-down-act-as-congress-targets-deepfake-images-and-videos" rel="noreferrer noopener">deepfake images&nbsp;and videos online</a>.
Trump&nbsp;will provide some relief to U.S. manufacturers by reportedly easing some duties imposed on foreign parts in<a target="_blank" href="https://www.benzinga.com/25/04/45059191/donald-trump-will-reduce-impact-on-us-auto-industry-by-alleviating-some-auto-tarrifs-report" rel="noreferrer noopener"> domestically manufactured vehicles</a>.
Republicans in the U.S. House of Representatives advanced a reform proposed by Rep.&nbsp;Sam Graves&nbsp;(R-MO), which tabled a <a target="_blank" href="https://www.benzinga.com/25/05/45127530/house-republicans-advance-rep-sam-gravess-proposal-to-charge-250-annual-fee-on-evs-report" rel="noreferrer noopener">$250 annual fee on all EVs</a>.
Earnings Results
Meta Platforms Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>) reported first-quarter revenue of $42.31 billion, beating analyst estimates of $41.39 billion and earnings of $6.43 per share, easily beating <a href="https://www.benzinga.com/news/earnings/25/04/45117948/meta-q1-earnings-eps-beat-revenue-up-16-ai-approaches-1-billion-monthly-actives-capital-expenditures-forecast-raised" target="_blank" rel="noreferrer noopener">analyst estimates of $5.21 per share</a>.
Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) reported fiscal second-quarter revenue of $95.36 billion, beating analyst&nbsp;estimates of $94.53 billion and earnings of $1.65 per share, beating analyst <a target="_blank" href="https://www.benzinga.com/news/earnings/25/05/45152493/apple-reports-strong-q2-earnings-revenue-beat-eps-beat-installed-base-hits-all-time-high-across-all-segments-100-billion-buyback-and-more" rel="noreferrer noopener">estimates of $1.63 per share</a>.
Smartphones &amp; Applications
Apple is reportedly considering a shift of iPhone assembly to India. However, a renowned analyst has expressed skepticism about the potential effectiveness of this move in mitigating <a target="_blank" href="https://www.benzinga.com/25/04/45032214/analyst-questions-apples-reported-iphone-shift-to-india-amid-china-tariff-pressures-doesnt-solve-all-the-problems" rel="noreferrer noopener">the impact of China tariffs</a>.
Apple CEO Tim Cook said that the tech giant expects a $900 million cost impact in <a href="https://www.benzinga.com/tech/25/05/45156890/apple-ceo-tim-cook-warns-of-900-million-tariff-impact-in-june-quarter-expects-majority-of-iphones-sold-in-us-to-be-made-in-india" target="_blank" rel="noreferrer noopener">the June quarter due to tariffs</a>.
As Washington cranks up&nbsp;the tariff pressure,&nbsp;Apple&nbsp;may have already played its smartest card: doubling down on India for assembly and investing <a target="_blank" href="https://www.benzinga.com/analyst-ratings/analyst-color/25/04/45039357/apples-india-game-plan-looks-smarter-as-tariff-heat-rises-analyst-highlights-4-stocks-that-could-benefit" rel="noreferrer noopener">deeper into U.S. component suppliers</a>.
U.S. District Judge&nbsp;Yvonne Gonzalez Rogers&nbsp;found&nbsp;Apple and one of its top executives in contempt of court, accusing them of deliberately evading a 2021 injunction meant to curb the&nbsp;tech giant&#8217;s <a target="_blank" href="https://www.benzinga.com/25/05/45126668/apple-lied-under-oath-judge-says-tim-cook-ignored-internal-warnings-in-epic-games-case-fallout-this-is-an-injunction-not-a-negotiation" rel="noreferrer noopener">control&nbsp;over&nbsp;</a><a target="_blank" href="https://www.benzinga.com/25/05/45126668/apple-lied-under-oath-judge-says-tim-cook-ignored-internal-warnings-in-epic-games-case-fallout-this-is-an-injunction-not-a-negotiation" rel="noreferrer noopener">App Store</a><a target="_blank" href="https://www.benzinga.com/25/05/45126668/apple-lied-under-oath-judge-says-tim-cook-ignored-internal-warnings-in-epic-games-case-fallout-this-is-an-injunction-not-a-negotiation" rel="noreferrer noopener">&nbsp;payments</a>.
Following a U.S. court ruling that found&nbsp;Apple violated the spirit of an injunction against&nbsp;anti-steering practices,&nbsp;Epic Games, backed by&nbsp;Tencent Holdings (OTC:<a class="ticker" href="https://www.benzinga.com/stock/TCEHY#OTC">TCEHY</a>), has offered to bring&nbsp;Fortnite&nbsp;back to the&nbsp;App Store&nbsp;if the tech giant <a target="_blank" href="https://www.benzinga.com/news/legal/25/04/45123864/apple-ordered-to-ease-app-store-rules-in-us-epic-games-ceo-tim-sweeney-proposes-peace-deal-saying-well-return-fortnite-and-drop-all-litigation-only-if" rel="noreferrer noopener">fulfills this one condition</a>.
Spotify Technologies&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPOT#NYSE">SPOT</a>) defended its $11.99 Premium plan while signaling that future price hikes could be <a target="_blank" href="https://www.benzinga.com/general/entertainment/25/04/45090328/spotify-defends-11-99-price-tag-but-executive-says-raising-prices-is-now-part-of-our-toolbox-can-music-escape-the-inflation-gauntlet" rel="noreferrer noopener">part of its long-term strategy</a>.
Technology
Alibaba Group Holdings Ltd&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BABA#NYSE">BABA</a>) introduced&nbsp;Qwen 3,&nbsp;its most advanced <a target="_blank" href="https://www.benzinga.com/25/04/45057716/alibabas-qwen-3-launch-takes-aim-at-deepseeks-disruption-and-baidus-ernie-turbo-models" rel="noreferrer noopener">artificial intelligence model yet.</a>
Meta&nbsp;has announced the launch of a standalone AI app that will compete with the likes of&nbsp;OpenAI's&nbsp;ChatGPT,&nbsp;<a target="_blank" href="https://www.benzinga.com/tech/25/04/45075691/meta-launches-ai-app-to-compete-with-chatgpt-gemini-grok" rel="noreferrer noopener">Google's</a><a target="_blank" href="https://www.benzinga.com/tech/25/04/45075691/meta-launches-ai-app-to-compete-with-chatgpt-gemini-grok" rel="noreferrer noopener">&nbsp;Gemini&nbsp;and xAI's Grok</a>.
Alphabet Inc.&#8217;s&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) CEO&nbsp;Sundar Pichai&nbsp;revealed ongoing talks with&nbsp;Apple to integrate the company&#8217;s Gemini AI into iPhones, amid federal regulators' push to rein in&nbsp;<a target="_blank" href="https://www.benzinga.com/news/legal/25/05/45128130/google-aims-for-gemini-ai-deal-with-apple-this-year-says-sundar-pichai-amid-dojs-bid-to-curb-search-monopoly" rel="noreferrer noopener">Google&#8217;s&nbsp;</a><a target="_blank" href="https://www.benzinga.com/news/legal/25/05/45128130/google-aims-for-gemini-ai-deal-with-apple-this-year-says-sundar-pichai-amid-dojs-bid-to-curb-search-monopoly" rel="noreferrer noopener">dominance in online search</a>.
Nvidia Corporation&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) CEO&nbsp;Jensen Huang&nbsp;told U.S. lawmakers that&nbsp;export restrictions on AI chips&nbsp;may be helping China&#8217;s&nbsp;Huawei Technologies&nbsp;gain a competitive foothold in the <a target="_blank" href="https://www.benzinga.com/25/05/45157365/nvidia-ceo-jensen-huang-warns-us-lawmakers-that-export-bans-are-backfiring-fueling-huaweis-rise-in-global-ai-chip-race" rel="noreferrer noopener">global artificial intelligence race</a>.
Automobiles &amp; Defense
Pershing Square&#8216;s&nbsp;Bill Ackman&nbsp;has hailed&nbsp;Amazon.com Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) founder&nbsp;Jeff Bezos-backed&nbsp;Slate Auto as the company recently <a target="_blank" href="https://www.benzinga.com/markets/25/04/45033046/bill-ackman-hails-jeff-bezos-backed-tesla-rival-slate-auto-says-it-will-be-a-big-success" rel="noreferrer noopener">revealed its $20,000 EV truck</a>.
Tesla&#8216;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) Chinese division is developing an affordable version of the <a target="_blank" href="https://www.benzinga.com/markets/asia/25/04/45032179/tesla-reportedly-developing-a-cheaper-model-y-e80-variant-with-fewer-features-in-china" rel="noreferrer noopener">popular Model Y crossover SUV</a>.
Ross Gerber&nbsp;has called out&nbsp;Tesla&#8216;s&nbsp;rumored Model Y E80, which is slated to be a more affordable <a target="_blank" href="https://www.benzinga.com/25/04/45033764/tesla-bull-ross-gerber-slams-rumored-affordable-model-y-e80-just-4-wheels-and-you" rel="noreferrer noopener">version of the new Model Y</a>.
Tesla said that the company expects the first units of the Semi to enter <a target="_blank" href="https://www.benzinga.com/tech/25/04/45060435/teslas-first-batch-of-semi-trucks-to-roll-out-from-nevada-plant-by-late-2025-despite-disruption-from-trumps-145-tariffs" rel="noreferrer noopener">production by the end of the year.</a>
Tesla is ramping up the production of its Semi Truck as the company reportedly added over 1,000 Workers <a target="_blank" href="https://www.benzinga.com/tech/25/04/45092570/tesla-adds-1000-workers-at-nevada-gigafactory-to-fuel-elon-musks-semi-truck-ambitions-report" rel="noreferrer noopener">to its Nevada Giga factory</a>.
Dan Ives&nbsp;refuses to acknowledge&nbsp;Alphabet&#8216;s&nbsp;and&nbsp;Toyota Motor Corp&#8216;s&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TM#NYSE">TM</a>) partnership&nbsp;as a threat to&nbsp;<a target="_blank" href="https://www.benzinga.com/25/05/45126638/tesla-will-own-the-autonomous-market-dan-ives-says-shrugging-off-waymo-toyota-agreement" rel="noreferrer noopener">Tesla</a><a target="_blank" href="https://www.benzinga.com/25/05/45126638/tesla-will-own-the-autonomous-market-dan-ives-says-shrugging-off-waymo-toyota-agreement" rel="noreferrer noopener">&#8216;s&nbsp;Robotaxi ambitions</a>.
Elon Musk&#8216;s space-based internet service provider,&nbsp;Starlink, could reportedly face delays in its plans to expand into India <a target="_blank" href="https://www.benzinga.com/general/space/25/04/45037304/elon-musks-india-ambitions-face-regulatory-hurdles-amid-uncertainty-around-starlink-license-report" rel="noreferrer noopener">due to regulatory requirements</a>.
Future Fund&#8216;s noted investor,&nbsp;Gary Black, has raised questions over&nbsp;Tesla marketing strategy as&nbsp;Elon Musk&nbsp;says his brand can be the "most <a target="_blank" href="https://www.benzinga.com/markets/equities/25/04/45063886/elon-musk-wants-tesla-to-be-most-valuable-company-in-the-world-but-top-investor-doubts-ev-giants-rise-without-apple-style-marketing-strategy" rel="noreferrer noopener">valuable company" in the world</a>.&nbsp;
Airbus SE&nbsp;(OTC:<a class="ticker" href="https://www.benzinga.com/stock/EADSF#OTC">EADSF</a>) has agreed to take over assets owned by&nbsp;Spirit Aerosystems Holdings Inc.&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPR#NYSE">SPR</a>) in a boost to the <a target="_blank" href="https://www.benzinga.com/25/04/45035715/airbus-finalizes-deal-with-spirit-to-take-over-assets-paving-way-for-boeing-acquisition" rel="noreferrer noopener">manufacturer&#8217;s acquisition by&nbsp;</a><a target="_blank" href="https://www.benzinga.com/25/04/45035715/airbus-finalizes-deal-with-spirit-to-take-over-assets-paving-way-for-boeing-acquisition" rel="noreferrer noopener">Boeing Co. </a><a target="_blank" href="https://www.benzinga.com/25/04/45035715/airbus-finalizes-deal-with-spirit-to-take-over-assets-paving-way-for-boeing-acquisition" rel="noreferrer noopener">(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BA#NYSE">BA</a>)</a>.
Stellantis&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/STLA#NYSE">STLA</a>) parent company of Dodge and Jeep, will debut a solid-state <a target="_blank" href="https://www.benzinga.com/tech/25/04/45061846/stellantis-announces-breakthrough-solid-state-battery-with-factorial-energy-company-says-technology-will-debut-in-2026-demo-fleet" rel="noreferrer noopener">battery in the Charger EV</a>.&nbsp;
Stellantis&nbsp;will reportedly move some of its production activities into the U.S. as the company grapples with <a target="_blank" href="https://www.benzinga.com/markets/25/05/45133236/chrysler-jeep-owner-stellantis-to-move-some-auto-production-into-the-us-to-avoid-tariffs" rel="noreferrer noopener">uncertainty caused by U.S. auto tariffs</a>.
General Motors Co.&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GM#NYSE">GM</a>) recalled over 877,000 vehicles with the 6.2-liter V8 engine due to possible defects. The company has also issued a stop-sale <a target="_blank" href="https://www.benzinga.com/markets/25/04/45065511/general-motors-recalls-877000-trucks-and-suvs-due-to-faulty-engine" rel="noreferrer noopener">order for the affected models</a>.
Mercedes-Benz Group&nbsp;(OTC:<a class="ticker" href="https://www.benzinga.com/stock/MBGAF#OTC">MBGAF</a>) pulled its 2025 earnings guidance, citing uncertainty over U.S. <a target="_blank" href="https://www.benzinga.com/25/04/45095342/mercedes-benz-pulls-annual-earnings-guidance-as-sales-decline-and-tariff-uncertainty-looms" rel="noreferrer noopener">President&nbsp;</a><a target="_blank" href="https://www.benzinga.com/25/04/45095342/mercedes-benz-pulls-annual-earnings-guidance-as-sales-decline-and-tariff-uncertainty-looms" rel="noreferrer noopener">Donald Trump</a><a target="_blank" href="https://www.benzinga.com/25/04/45095342/mercedes-benz-pulls-annual-earnings-guidance-as-sales-decline-and-tariff-uncertainty-looms" rel="noreferrer noopener">&#8216;s tariffs</a>.
As Chinese EV giant&nbsp;BYD Co., Ltd&nbsp;(OTC:<a class="ticker" href="https://www.benzinga.com/stock/BYDDF#OTC">BYDDF</a>) is gearing up to expand its presence in Europe, satellite images show the company&#8217;s facility in <a target="_blank" 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" rel="noreferrer noopener">Hungary taking shape</a>.
Ford Motor Co.&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/F#NYSE">F</a>) has announced it will delay the planned hike in prices for its vehicles until it sees how the<a target="_blank" href="https://www.benzinga.com/25/05/45129156/jim-farley-says-ford-will-delay-price-hike-to-see-how-competitors-react-to-tariffs-extends-employee-pricing-through-july" rel="noreferrer noopener"> competitors respond to auto tariffs</a>.
Artificial Intelligence (AI)
Mark Zuckerberg said that&nbsp;Meta&#8217;s artificial intelligence future will cater to both billions of free users and a group willing to pay <a target="_blank" href="https://www.benzinga.com/25/04/45093311/not-everyone-needs-a-thousand-ai-engineers-but-for-those-who-do-zuckerberg-says-meta-will-gladly-build-it-for-a-price" rel="noreferrer noopener">big for powerful digital agents</a>.
Meta CEO&nbsp;Mark Zuckerberg&nbsp;predicts that the future of AI won&#8217;t follow the "winner takes most" model seen <a target="_blank" href="https://www.benzinga.com/tech/25/05/45125414/mark-zuckerberg-doesnt-believe-that-ai-market-will-follow-searchs-winner-takes-most-model-meta-ceo-predicts-multiple-specialized-ais-for-work-and-play" rel="noreferrer noopener">in the search engine industry</a>.
OpenAI&nbsp;CEO&nbsp;Sam Altman&nbsp;acknowledged that the last few updates to the&nbsp;GPT-4o&nbsp;model made its personality <a target="_blank" href="https://www.benzinga.com/25/04/45030694/openai-ceo-sam-altman-says-gpt-4o-personality-tweaks-made-it-annoying-fixes-coming-this-week" rel="noreferrer noopener">"too sycophant-y and annoying."</a>
OpenAI&nbsp;unveiled an upgrade to&nbsp;ChatGPT&#8217;s&nbsp;search functionality, enabling users to browse and shop for <a target="_blank" href="https://www.benzinga.com/25/04/45058959/openai-launches-ad-free-shopping-search-in-chatgpt-heres-how-it-works" rel="noreferrer noopener">products directly within the chatbot</a>.
Geoffrey Hinton, known as the "Godfather of AI," has joined a growing chorus of experts and former employees urging regulators to block&nbsp;<a target="_blank" href="https://www.benzinga.com/tech/25/04/45060194/godfather-of-ai-geoffrey-hinton-backs-elon-musk-in-fight-against-openais-restructuring-id-like-to-stop-them-from-completely-gutting-it" rel="noreferrer noopener">OpenAI&#8217;s</a><a target="_blank" href="https://www.benzinga.com/tech/25/04/45060194/godfather-of-ai-geoffrey-hinton-backs-elon-musk-in-fight-against-openais-restructuring-id-like-to-stop-them-from-completely-gutting-it" rel="noreferrer noopener">&nbsp;controversial&nbsp;restructuring plans</a>.

Large Cap

BABA

EADSF

GOOG

MERCEDES BENZ GROUP AG by Mercedes Benz Group AG

MBGAF

SPOT

STLA

TCEHY

Consumer Tech News (Apr 28-May 2): Trump May Ease Auto Part Tariffs,  House Republicans Tabled $250 Charge On EV & More

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:
<ul>
<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

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

Stellantis NV (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/STLA#NYSE">STLA</a>), parent company of Dodge and Jeep, will debut a solid-state battery in the Charger EV.
What Happened: Stellantis announced it will utilize Factorial Energy's solid-state batteries in a demonstration fleet next year in 2026, according to an official statement released on Friday.
The Detroit-based automaker had earlier said its STLA platform is suited for Factorial's solid-state battery tech. The STLA platform sees application in the Jeep Wagoneer S as well as the Dodge Charger.
The solid-state battery cells showcased a 375 Wh/kg energy density in over 600 charge cycles, and can charge from 15% to 90% in 18 minutes, the company said. The battery can operate in temperatures ranging from -22°F to 113°F.
"This breakthrough puts us at the forefront of the solid-state revolution," Stellantis Chief Engineering and Technology Officer Ned Curic said in the statement. "This achievement with Stellantis is bringing next-generation battery technology from research to reality," Siyu Huang, CEO of Factorial Energy, said.
Why It Matters: The announcement comes in as battery tech is seeing rapid evolution throughout the globe, with companies like Contemporary Amperex Technology Co., Limited (CATL) unveiling batteries that can provide <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">323 miles of range</a> in just 5 minutes of charging.&nbsp;
Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) rival BYD Co., Ltd. (OTC:<a class="ticker" href="https://www.benzinga.com/stock/BYDDF#OTC">BYDDF</a>) also showcased its battery capable of <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">250 miles of range</a> on a 5-minute charge.&nbsp;
Interestingly, the EV sector is seeing increased <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">adoption in the U.S.</a> among drivers. Recent data suggests that EVs saw a 10.6% YoY increase in the U.S., with over 294,250 electric vehicles sold in Q1 2025.
Elsewhere, the Trump administration will reportedly be <a href="https://www.benzinga.com/25/04/45059191/donald-trump-will-reduce-impact-on-us-auto-industry-by-alleviating-some-auto-tarrifs-report">easing some of the tariffs</a> levied on U.S. automakers on imports, in what could prove to be a boost for Stellantis.
Price Action: STLA stock currently trades for $9.36 on the NYSE, 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>
Read Next:
<ul>
<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

Stellantis Announces Breakthrough Solid-State Battery With Factorial Energy, Company Says Technology Will Debut In 2026 Demo Fleet

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>
Read Next:
<ul>
<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 by Cobalt S-Elino via Shutterstock

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>
Read Next:
<ul>
<li><a href="https://www.benzinga.com/25/04/44942792/tesla-q1-earnings-call-company-says-more-affordable-models-launching-this-year">Tesla Says More Affordable Models Launching This Year: &#8216;They Will Be Affordable And You&#8217;ll Be Able To Buy One&#8217;</a></li>
</ul>
Image Via Shutterstock

GELYF

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.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/general/sports/25/04/44875151/fubo-extends-soccer-reign-in-canada-with-premier-league-renewal" target="_blank" rel="noreferrer noopener">Fubo Extends Soccer Reign In Canada With Premier League Renewal</a></li>
</ul>
Photo by Cobalt S-Elino via Shutterstock

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

Chinese battery manufacturer CATL (Contemporary Amperex Technology Co. Limited) has launched the second-generation ‘Shenxing' fast-charging battery.
What Happened: The company announced the second-generation battery at an event in Shanghai, reported Reuters on Monday. Shenxing batteries would power over 67 new EVs this year, CATL's Chief Technology Officer, Gao Huan, said.
The new battery would enable a range of 520 km or approximately 323 miles on a 5-minute charge. The battery can also be charged from 0% to 80% in 15 minutes in cold weather.
The report also shares that, besides the new battery, CATL also unveiled a new brand called Naxtra for the company's Sodium-ion batteries. Sodium-ion batteries could help reduce the risk of a fire in EVs, some experts suggest.
Why It Matters: Last year, CATL, whose customers also include the likes of Volkswagen AG (OTC:<a class="ticker" href="https://www.benzinga.com/stock/VLKAF#OTC">VLKAF</a>) and Ford Motor Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/F#NYSE">F</a>), was seeking over <a href="https://www.benzinga.com/news/24/07/39745306/tesla-supplier-catl-seeks-1-5b-funding-to-expand-global-ev-battery-supply-chain">$1.5 billion in funding</a> to bolster its EV battery supply chain.&nbsp;
Elsewhere, fast-charging tech throughout the globe is experiencing rapid development. Recently, leading Chinese automaker 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/BYDD#OTC">BYDD</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">unveiled its fast-charging technology</a>, which could provide approximately 250 miles of range through a 5-minute charge.
In contrast, Tesla Inc.'s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) <a href="https://www.benzinga.com/analyst-ratings/analyst-color/25/03/44245123/teslas-charging-empire-faces-headwinds-as-ev-market-stumbles">superchargers provide 170 miles</a> of range on a 10-minute charge, significantly lower than BYD's tech.
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:&nbsp;
<ul>
<li><a href="https://www.benzinga.com/tech/25/04/44892799/teslas-india-play-deepens-as-elon-musks-ev-giant-explores-alternate-semiconductor-supply-chains-amid-us-china-trade-war">Tesla&#8217;s India Play Deepens As Elon Musk&#8217;s EV Giant Explores Alternate Semiconductor Supply Chains Amid US-China Trade War</a></li>
</ul>
Image Via Shutterstock

BYDD

Tesla Battery Supplier CATL Unveils New Fast-Charging Battery With 323-Mile Range In Five Minutes

<a href="https://asia.nikkei.com/Business/Automobiles/Electric-vehicles/BYD-to-enter-Japan-s-mini-EV-segment-in-2026" title="https://asia.nikkei.com/Business/Automobiles/Electric-vehicles/BYD-to-enter-Japan-s-mini-EV-segment-in-2026">https://asia.nikkei.com/Business/Automobiles/Electric-vehicles/BYD-to-enter-Japan-s-mini-EV-segment-in-2026</a>

Nikkei Reported China's BYD Plans To Enter Japan's Mini-EV Market In 2026 With $17.7K Electric Minicar

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.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/25/04/44696126/trump-administration-shuts-down-the-department-of-justices-crypto-crime-unit" target="_blank" rel="noreferrer noopener">Trump Administration Shuts Down The Department Of Justice&#8217;s Crypto Crime Unit</a></li>
</ul>
 Image: Shutterstock

Analyst Color

Analyst Ratings

MSFT

TCTZF

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

Wedbush Securities analyst Dan Ives has lowered his Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) price target to $315 from $550 while maintaining an &#8220;outperform&#8221; rating, citing growing concerns about the electric vehicle maker&#8217;s brand perception and softening demand.
What Happened: &#8220;Our long-standing bull view of Tesla remains, but there is no denying this is a pivotal moment of truth for Musk to turn things around&#8230;or darker days are ahead,&#8221; Ives stated in a recent note shared by Tesla investor Sawyer Merritt on X.
The reduced outlook comes as Tesla faces multiple challenges. The company reported a 13% decrease in first-quarter deliveries, marking its lowest performance in nearly three years, despite introducing a refreshed Model Y in China in February.
Gene Munster of Deepwater Asset Management linked Tesla&#8217;s struggles to recent brand damage and predicted 2025 <a href="https://www.benzinga.com/25/04/44646680/tesla-to-face-steeper-sales-dip-in-2025-amid-growing-backlash-against-elon-musk-report">deliveries could drop 9% from the 1.79 million vehicles</a> delivered last year. Deutsche Bank analysts similarly forecast a 5% sales decline.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">NEWS: Wedbush analyst <a href="https://twitter.com/DivesTech?ref_src=twsrc%5Etfw">@DivesTech</a> has lowered his <a href="https://twitter.com/search?q=%24TSLA&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$TSLA</a> price target to $315 (from $550). Dan: "Our long standing bull view of Tesla remains, but there is no denying this is a pivotal moment of truth for Musk to turn things around&#8230;or darker days are ahead. We have been one of…
&mdash; Sawyer Merritt (@SawyerMerritt) <a href="https://twitter.com/SawyerMerritt/status/1908926942151373034?ref_src=twsrc%5Etfw">April 6, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
The analyst also cut his Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) price target by 23% to $250 from $325, with a bear case of $160 and a bull case of $325 that assumes tariff removal or exemption.
&#8220;The tariff economic Armageddon unleashed by Trump is a complete disaster for Apple given its massive China production exposure,&#8221; Ives said, according <a href="https://www.investors.com/news/tesla-stock-price-target-slashed-43-trump-tariffs-apple-pt-sliced-23/">to</a> Investor&#8217;s Business Daily. &#8220;In our view, no U.S. tech company is more negatively impacted by these tariffs than Apple with 90% of iPhones produced and assembled in China.&#8221;
See Also: <a href="https://www.benzinga.com/markets/equities/25/04/44659686/stock-futures-tank-dow-sheds-over-1000-points-as-white-house-remains-firm-on-tariffs-trump-says-sometimes-you-have-to-take-medicine">Stock Futures Tank, Dow Sheds Over 1000 Points As White House Remains Firm On Tariffs: Trump Says, &#8216;Sometimes You Have To Take Medicine&#8217;</a>
Why It Matters: These challenges coincide with <a href="https://www.benzinga.com/markets/25/04/44657033/elon-musk-loses-11-billion-as-tesla-stock-plummets-in-wake-of-new-trump-tariffs">broader market turmoil</a>. Tesla&#8217;s stock plunged 10.42% on Friday following President Donald Trump&#8216;s announcement of new tariffs, including a 10% charge on all imported goods and 25% on foreign automobiles. The selloff wiped approximately $11 billion from CEO Elon Musk&#8216;s net worth.
Ives, historically one of Tesla&#8217;s strongest supporters, emphasized that Tesla&#8217;s brand is &#8220;suffering by the day as a political symbol&#8221; – likely referencing Musk&#8217;s controversial political involvement that has sparked consumer backlash.
While acknowledging the difficult road ahead, Ives expressed confidence in Musk&#8217;s ability to navigate the crisis: &#8220;Musk has been with his back against the wall many times and every time Tesla came out of it and was stronger on the other side&#8230;this may be one of his biggest challenges yet to turn around.&#8221;
Tesla faces additional headwinds from intensifying competition, particularly from Chinese manufacturers like BYD Co. Ltd. (OTC:<a class="ticker" href="https://www.benzinga.com/stock/BYDDF#OTC">BYDDF</a>), and declining market share in Europe.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/tech/25/04/44658417/warren-buffett-stands-tall-in-2025-as-elon-musk-jeff-bezos-and-mark-zuckerberg-bleed-billions-in-net-worth-oracle-of-omaha-emerges-as-lone-gainer-among-top-billionaires-amid-market-rout">Warren Buffett Stands Tall In 2025 As Elon Musk, Jeff Bezos And Mark Zuckerberg Bleed Billions In Net Worth: &#8216;Oracle Of Omaha&#8217; Emerges As Lone Gainer Among Top Billionaires Amid Market Rout</a></li>
</ul>
Image via Shutterstock
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Dan Ives Cuts Tesla Target To $315, Slashes Apple By 23% Amid Tariff Fallout, Warns Elon Musk-Led EV Maker Faces 'Darker Days' Ahead

Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) Investors and Market experts are preparing for a possible downturn in Tesla's sales this year, with concerns mounting over the brand's recent struggles.
What Happened: Tesla&#8217;s deliveries in the first three months of this year have seen a 13% decrease, marking the lowest in nearly three years. 
Gene Munster, managing partner at Deepwater Asset Management, links this decline to recent damage to the Tesla brand. He anticipates further decline in growth rates this quarter and predicts that 2025 deliveries will drop 9% from the 1.79 million reported last year, reported Reuters.
Even with the introduction of the refreshed Model Y&nbsp;in China in late February,&nbsp;Deutsche Bank analysts predict&nbsp;a 5% sales drop this&nbsp;year. This prediction is based on a staggered rollout of Tesla&#8217;s anticipated cheaper car.
SEE ALSO&nbsp;<a href="https://benzinga.com/news/25/04/44630762/mark-cuban-says-black-women-entrepreneurs-should-stop-looking-for-funding-heres-the-surprising-reason-why" target="_blank" rel="noreferrer noopener">Mark Cuban Says Black Women Entrepreneurs Should &#8216;Stop Looking For Funding&#8217;—Here&#8217;s The Surprising Reason Why</a>
Meanwhile, Barclays analysts have also expressed concerns about Tesla&#8217;s future growth, stating that the first-quarter delivery number &#8220;sets&nbsp;a challenging path for even&nbsp;flat year-on-year volume&nbsp;in 2025.&#8221; Musk did not reaffirm his previous promise of 20% to 30% volume growth in 2025 during his January update.
Tesla cited the retooling of production lines for the refreshed Model Y at all its factories as the reason for losing several weeks of production in the first quarter. 
Why It Matters: This development follows a warning from Gene Munster earlier this month, who anticipated disappointing delivery numbers for Tesla in the first quarter. Munster also stated, &#8220;The March number is likely going to be ugly. The June will likely be worse. Then things begin to slowly improve.&#8221; <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">This prediction</a> signals a stark reversal for Tesla, a company that once projected 20-30% growth.
This downturn in Tesla is also largely attributed to public outcry against CEO Elon Musk&#8216;s political engagements. While reports circulated that Musk is ready for an early exit from the Trump team, both White House and the Tesla CEO have <a href="https://www.benzinga.com/markets/25/04/44623803/elon-musk-white-house-deny-reports-of-tesla-ceos-early-exit-from-trump-team">dismissed the reports </a>as &#8216;Fake&#8217;. 
Wedbush analyst Dan Ives cautioned, Musk&#8217;s role at DOGE &#8220;is not sustainable and the longer Musk stays at DOGE this adds more risk to the Tesla story and could face permanent brand damage.&#8221;
Besides politics, Tesla&#8217;s outdated models have been constantly criticized by buyers. The EV maker is struggling as rivals like BYD (OTC:<a class="ticker" href="https://www.benzinga.com/stock/BYDDF#OTC">BYDDF</a>) introduce competitive EVs, especially in China, where competition is fierce. The company is also losing market share in Europe.
Tesla stock lost more than 4% in Friday&#8217;s pre-market trading. The shares plunged nearly 30% year to date.
<ul>
<li>Read Next:&nbsp;<a href="https://benzinga.com/25/04/44640562/cathie-wood-doubles-down-mops-up-another-1-39-million-worth-of-robinhood-stock-amid-trump-tariff-dip" target="_blank" rel="noreferrer noopener">Cathie Wood Doubles Down: Mops Up Another $1.39 Million Worth Of Robinhood Stock Amid Trump Tariff Dip</a></li>
</ul>
Image via Shutterstock
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Tesla Investors On Edge As Elon Musk Backlash Threatens 2025 Sales Outlook

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.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/markets/25/04/44623803/elon-musk-white-house-deny-reports-of-tesla-ceos-early-exit-from-trump-team" target="_blank" rel="noreferrer noopener">Elon Musk, White House Deny Reports Of Tesla CEO&#8217;s Early Exit From Trump Team</a></li>
</ul>
Photo by Philip Lange on Shutterstock.

Comments

BYD

BYD (BYDDF) オプション

No option chain data available. Please try again later

ニュース

パートナーシップ

ベンジンガ・グローバル