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

The past week has been a rollercoaster ride in the world of business and finance. From trade negotiations to aviation incidents, autonomous vehicle launches to electric vehicle sales, and massive vehicle recalls, the news cycle has been anything but dull.
Here&#8217;s a quick recap of the top stories that made headlines.
Japan&#8217;s Trade Negotiator Rejects Trump&#8217;s Auto Tariffs
Japan&#8217;s chief trade negotiator,&nbsp;Ryosei Akazawa, has voiced his disapproval of U.S. President Donald Trump&#8217;s proposed 25% auto tariffs. Akazawa emphasized the significant contribution of Japan&#8217;s automobile industry to the U.S. economy during the ongoing trade talks in Washington.
<a href="https://www.benzinga.com/markets/tech/25/06/46109160/japans-top-trade-negotiator-calls-trumps-25-auto-tariffs-unacceptable-amid-ongoing-talks">Read the full article here.</a>
Boeing Faces NTSB Scrutiny Over Mid-Air Incident
Aircraft manufacturer Boeing Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BA#NYSE">BA</a>) is under investigation for its role in last year&#8217;s mid-air blowout incident involving Alaska Air Group Inc.&#8217;s Flight 1282. The National Transportation Safety Board (NTSB) is set to hold a hearing to determine the cause of the sudden loss of pressure in the aircraft&#8217;s fuselage.
<a href="https://www.benzinga.com/news/travel/25/06/46070802/this-shouldve-been-caught-years-ago-boeing-faces-ntsb-heat-over-737-max-9-alaska-airlines-mid-air-blowout-incident">Read the full article here.</a>
See Also:&nbsp;<a href="https://www.benzinga.com/markets/equities/25/06/45919464/boeing-faces-fresh-turmoil-as-india-mulls-787-8-grounding-after-fatal-crash-ceo-kelly-cancels-paris-trip-report">Boeing Faces Fresh Turmoil As India Mulls 787-8 Grounding, Safety Review After Fatal Crash, CEO Kelly Ortberg Cancels Paris Trip: Report</a>
Tesla Launches Robotaxi In Austin
Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>)&nbsp;has officially launched its Robotaxi service in Austin, marking a significant milestone in the self-driving taxi race in the U.S. The small-scale event saw the rollout of over 10 Tesla Model Y Robotaxis in Austin&#8217;s South Congress neighborhood.
<a href="https://www.benzinga.com/markets/tech/25/06/46045542/tesla-launches-robotaxi-in-austin-elon-musk-calls-it-a-culmination-of-a-decade-of-hard-work">Read the full article here.</a>
BYD Surpasses Tesla In Europe
Electric vehicle company BYD Co. (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>) has outperformed Tesla in Europe, thanks to multiple new vehicle launches and a potential decline in demand for Tesla. The trend may continue as BYD is reportedly just getting started with its new vehicle launches.
<a href="https://www.benzinga.com/trading-ideas/long-ideas/25/06/46105919/byd-beats-tesla-in-europe-never-been-such-a-product-offensive-done">Read the full article here.</a>
General Motors Recalls Over 62,000 Vehicles
General Motors Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GM#NYSE">GM</a>)&nbsp;has issued a recall for over 62,468 vehicles in the U.S. due to a brake pressure sensor issue. The recall affects Chevrolet Silverado Pickup trucks manufactured from 2019 to 2024.
<a href="https://www.benzinga.com/markets/tech/25/06/46111407/general-motors-recalls-over-62000-vehicles-for-brake-issue-that-could-potentially-result-in-a-fire-r">Read the full article here.</a>
Read Next:
<ul class="wp-block-list">
<li><a href="https://benzinga.com/markets/tech/25/06/46156518/elon-musk-reacts-after-tesla-completes-autonomous-delivery-of-model-y-from-factory-to-customer-home-across-town-through-highways" target="_blank" rel="noreferrer noopener">Elon Musk Reacts After Tesla Completes Autonomous Delivery Of Model Y: From Factory To Customer Home Across Town, Through Highways</a></li>
</ul>
This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/author/ananya-gairola" target="_blank" rel="noreferrer noopener">Ananya Gairola</a>
Photo courtesy: Shutterstock

TSLA

Trump's Tariffs, Boeing's Blowout, Tesla's Robotaxi, BYD's European Triumph And GM's Massive Recall: This Week In Mobility

Time Magazine&#8217;s annual 100 Most Influential Companies list for 2025 includes many companies investors are familiar with, with numerous names originating from the growing <a href="https://www.benzinga.com/topic/artificial-intelligence">artificial intelligence sector.</a>
The <a href="https://time.com/7297630/time-reveals-the-2025-time100-most-influential-companies-in-the-world/">list</a> seeks to honor the top businesses that are helping "chart an essential path forward."
"No single data point or financial metric makes a TIME100 Company. Instead, we looked at a mosaic of qualities, studying impact, innovation, ambition, and success, each in the forms that take shape today. And as we say for all TIME100 projects: influence comes in many forms, for better and for worse," Time editors said of the list.
 The Public Companies: Similar to the list of the <a href="https://www.benzinga.com/general/entertainment/25/04/44854679/time-100-most-influential-people-includes-elon-musk-mark-zuckerberg-alex-karp-and-more-public-company-ceos">Most Influential People</a> that Time published earlier this year, the list of influential companies includes top tech, AI, crypto, and healthcare names that are experiencing impressive growth and bringing life-changing technology to consumers or other companies.
Here is the list of publicly traded companies or those that are part of a publicly traded company. It is broken down by the key groups used by Time: Innovators, Disruptors, Leaders, Titans and Pioneers.
Innovators
<ul class="wp-block-list">
<li>On Holding (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ONON#NYSE">ONON</a>): footwear</li>
<li>Alibaba Group Holding (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BABA#NYSE">BABA</a>): Chinese e-commerce</li>
<li>Nintendo Co (OTC:<a class="ticker" href="https://www.benzinga.com/stock/NTDOY#OTC">NTDOY</a>): video games</li>
<li>BYD Co (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>): electric vehicles</li>
<li>Gap, unit of Gap Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GAP#NYSE">GAP</a>): apparel</li>
<li>Dick's Sporting Goods (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DKS#NYSE">DKS</a>): sports and outdoor retailer</li>
<li>EssilorLuxottica (OTC:<a class="ticker" href="https://www.benzinga.com/stock/ESLOY#OTC">ESLOY</a>): sunglasses, optical wear</li>
</ul>
Disruptors
<ul class="wp-block-list">
<li>Waymo, unit of Alphabet Inc (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>)</li>
<li>Life Time Group Holdings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LTH#NYSE">LTH</a>): fitness centers</li>
<li>Elf Beauty (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ELF#NYSE">ELF</a>): beauty products</li>
<li>Poppi, unit of PepsiCo (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PEP#NASDAQ">PEP</a>): beverages</li>
<li>UFC, unit of TKO Group Holding (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TKO#NYSE">TKO</a>): fighting sports league</li>
<li>Pop Mart (OTC:<a class="ticker" href="https://www.benzinga.com/stock/PMRTY#OTC">PMRTY</a>): pop culture retailer</li>
<li>Coinbase Global (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COIN#NASDAQ">COIN</a>): cryptocurrency trading platform</li>
<li>SharkNinja Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SN#NYSE">SN</a>): home appliances</li>
</ul>
Leaders
<ul class="wp-block-list">
<li>Engie (OTC:<a class="ticker" href="https://www.benzinga.com/stock/ENGIY#OTC">ENGIY</a>): energy company</li>
<li>Prologis (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PLD#NYSE">PLD</a>): industrial and logistics real estate</li>
<li>Cloudflare Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NET#NASDAQ">NET</a>): a software company</li>
<li>Gilead Sciences (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GILD#NASDAQ">GILD</a>): biotechnology, healthcare</li>
<li>Duolingo Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DUOL#NASDAQ">DUOL</a>): mobile learning</li>
<li>BlackRock (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BLK#NYSE">BLK</a>): financials</li>
<li>Hyundai Motor (OTC:<a class="ticker" href="https://www.benzinga.com/stock/HYMTF#OTC">HYMTF</a>): automotives</li>
<li>LinkedIn, unit of Microsoft Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>): social networking</li>
<li>Coursera Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/COUR#NYSE">COUR</a>): online learning</li>
</ul>
Titans
<ul class="wp-block-list">
<li>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</li>
<li>Comcast, NBC Universal, units of Comcast Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CMCSA#NASDAQ">CMCSA</a>): media and entertainment</li>
<li>L'Oreal (OTC:<a class="ticker" href="https://www.benzinga.com/stock/LRLCY#OTC">LRLCY</a>): beauty company</li>
<li>DoorDash Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DASH#NASDAQ">DASH</a>): food delivery</li>
<li>Meta Platforms (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>): social networking</li>
<li>Palantir Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NASDAQ">PLTR</a>): a software company</li>
<li>Amazon.com Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>): e-commerce</li>
<li>Arm Holdings PLC (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ARM#NASDAQ">ARM</a>): semiconductors</li>
<li>Procter &amp; Gamble (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PG#NYSE">PG</a>): consumer products</li>
<li>Fiserv Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FI#NYSE">FI</a>): financial technology</li>
<li>MercadoLibre Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MELI#NASDAQ">MELI</a>): Latin American e-commerce</li>
<li>Walmart Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WMT#NYSE">WMT</a>): retailer</li>
<li>Netflix Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NFLX#NASDAQ">NFLX</a>): streaming</li>
<li>Taiwan Semiconductor Manufacturing (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TSM#NYSE">TSM</a>): semiconductors</li>
<li>Universal Music Group (OTC:<a class="ticker" href="https://www.benzinga.com/stock/UNVGY#OTC">UNVGY</a>)(OTC:<a class="ticker" href="https://www.benzinga.com/stock/UMGNF#OTC">UMGNF</a>): music publishing</li>
</ul>
Pioneers
<ul class="wp-block-list">
<li>ASML Holding (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ASML#NASDAQ">ASML</a>): semiconductors</li>
<li>Equinor ASA (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EQNR#NYSE">EQNR</a>): oil and gas</li>
<li>Abbott Laboratories (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ABT#NYSE">ABT</a>): medical devices</li>
<li>Softbank Group (OTC:<a class="ticker" href="https://www.benzinga.com/stock/SFTBF#OTC">SFTBF</a>)(OTC:<a class="ticker" href="https://www.benzinga.com/stock/SFTBY#OTC">SFTBY</a>): telecom and e-commerce conglomerate</li>
<li>CRISPR Therapeutics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CRSP#NASDAQ">CRSP</a>): gene editing</li>
</ul>
Read Also: <a href="https://www.benzinga.com/general/social-media/24/09/40760039/elon-musk-less-influential-to-artificial-intelligence-than-scarlett-johansson-time-magazine-">Elon Musk Less Influential To Artificial Intelligence Than Scarlett Johansson, Time Magazine Says: Billionaire Brushes Off Exclusion – &#8216;Magazines Do Not Establish Relevance, History Does&#8217;</a>
Why It's Important: Nearly half of this year's list includes companies that are publicly traded or part of publicly traded companies. This means investors can get exposure to what Time considers some of the most influential companies in the world.
Some of the companies are newer to the public market, which could mean that the 50+ companies that are not yet public could be among IPOs to watch for in the second half of 2025 and beyond.
Some of the most recognizable private companies on this year's list include OpenAI, Polymarket, Anthropic, Anduril, Beast Industries and SpaceX.
When seeking companies that can drive revenue growth and gain customer and consumer adoption, the most influential lists can be a valuable starting point for investors.
Read Next: 
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/general/entertainment/25/03/44367926/mark-cuban-kevin-oleary-rejected-poppi-on-shark-tank-pepsi-just-paid-1-9-billion-to-acquire-company">Mark Cuban, Kevin O&#8217;Leary Rejected Poppi On Shark Tank, Pepsi Just Paid $1.9 Billion To Acquire Company</a></li>
</ul>
Photo: Shutterstock

Long Ideas

Trading Ideas

AMZN

ASML

BABA

CMCSA

COIN

COUR

CRSP

DASH

DUOL

ENGIY

EQNR

ESLOY

GILD

GOOG

GOOGL

HYMTF

LRLCY

MELI

MSFT

NFLX

NTDOY

ONON

PLTR

PMRTY

SFTBF

SFTBY

UMGNF

UNVGY

44 Public Companies Make Time's Most Influential List: Coinbase, UFC, Nintendo, Netflix And More Stocks Investors Can Buy

Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) CEO Elon Musk has hailed the Cybertruck's build quality as the EV giant grapples with declining sales figures in multiple markets across the globe, which experts believe could have led to Musk&#8217;s longtime aide Omead Afshar&#8216;s <a href="https://www.benzinga.com/markets/tech/25/06/46132042/teslas-q2-sales-going-to-s-says-gary-black-after-tsla-north-america-and-europe-chief-omead-afshars-exit">exit from the company</a>.
What Happened: Quoting a video by the Tesla Cybertruck's official handle on X on Thursday, the billionaire hailed the EV pickup truck's build.
"Built bullet tough," the billionaire said in the post. The video showcased an unscathed Cybertruck getting hit with things like a shopping cart, a baseball, as well as a sledgehammer.
<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">Built bullet tough <a href="https://t.co/LHask3OkL9">https://t.co/LHask3OkL9</a>
&mdash; Elon Musk (@elonmusk) <a href="https://twitter.com/elonmusk/status/1938372188731805802?ref_src=twsrc%5Etfw">June 26, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Why It Matters: Musk's post comes in as Tesla has been <a href="https://www.benzinga.com/markets/tech/25/06/46067027/tesla-robotaxi-faces-nhtsa-scrutiny-over-traffic-violations-during-austin-launch">under scrutiny</a> by the NHTSA, or National Highway Traffic Safety Administration, over the company's FSD technology.
Recently, a video surfaced online that showcased a Cybertruck driving in the <a href="https://www.benzinga.com/markets/tech/25/06/45991698/tesla-cybertruck-caught-driving-in-wrong-lane-on-fsd-just-days-before-robotaxi-launch">wrong lane while on FSD</a>, which could pose a threat to the occupants of the vehicle.
The company also began <a href="https://www.benzinga.com/25/05/45487522/tesla-is-accepting-trade-ins-for-2024-cybertruck-amid-plummeting-sales-figures-report">accepting trade-ins</a> for the Cybertruck last month, as the company was also reportedly sitting on <a href="https://www.benzinga.com/markets/25/05/45216453/tesla-has-over-10000-units-of-unsold-cybertrucks-in-its-us-inventory-amid-poor-sales-report">10,000 units of unsold Cybertrucks</a> in its U.S. inventory.&nbsp;
Tesla has also been <a href="https://www.benzinga.com/markets/tech/25/06/46069883/teslas-china-sales-slip-over-10-in-mid-june-after-strong-may-surge">experiencing poor sales</a> and hitting record lows in multiple markets. The decline comes as Tesla's Chinese rival 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>) <a href="https://www.benzinga.com/markets/tech/25/06/45969242/elon-musk-has-a-new-problem-byd-beats-tesla-in-global-ev-sales-amid-europe-expansion">overtook the automaker</a> in global EV sales.
<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="203" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/27052322/TSLA-JUN-27-2025-2-1024x203.jpg" alt="" class="wp-image-964624" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/27052322/TSLA-JUN-27-2025-2-1024x203.jpg 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/27052322/TSLA-JUN-27-2025-2-300x59.jpg 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/27052322/TSLA-JUN-27-2025-2-768x152.jpg 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/27052322/TSLA-JUN-27-2025-2-1536x304.jpg 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/27052322/TSLA-JUN-27-2025-2.jpg 1564w" sizes="(max-width: 1024px) 100vw, 1024px" /></a></figure>
Tesla scores well on Momentum, Quality and Growth metrics, but offers poor Value. For more such insights, sign up for<a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound"> Benzinga Edge Stock Rankings</a> today!
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 class="wp-block-list">
<li><a href="https://www.benzinga.com/markets/tech/25/06/46133153/tesla-robotaxi-has-a-major-advantage-over-rivals-waymo-and-zoox-says-gary-black-could-be-very-significant">Tesla Robotaxi Has A Major Advantage Over Rivals Waymo And Zoox, Says Gary Black: &#8216;&#8230;Could Be Very Significant&#8217;</a></li>
</ul>
Photo courtesy: Jonathan Weiss / Shutterstock.com

Elon Musk Reacts To Video Of Cybertruck Withstanding Sledgehammer Blow: 'Built Bullet Tough'

Xiaomi Corp (OTC:<a class="ticker" href="https://www.benzinga.com/stock/XIACY#OTC">XIACY</a>) (OTC:<a class="ticker" href="https://www.benzinga.com/stock/XIACF#OTC">XIACF</a>) unveiled the company's first all-electric SUV, the YU7, as a rival to Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) Model Y.
What Happened: Xiaomi took to the Chinese social media platform Weibo to announce that it had received over 289,000 orders for its YU7 SUV on Thursday, after the company said it received over 200,000 orders in just 3 minutes.
<figure class="wp-block-image aligncenter size-full is-resized"><img loading="lazy" decoding="async" width="946" height="812" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/27005046/XIAOMI-289000.jpg" alt="" class="wp-image-964274" style="width:446px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/27005046/XIAOMI-289000.jpg 946w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/27005046/XIAOMI-289000-300x258.jpg 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/27005046/XIAOMI-289000-768x659.jpg 768w" sizes="(max-width: 946px) 100vw, 946px" /></figure>
Source: Xiaomi via Weibo
The YU7 is available in three variants: Standard, Pro and Max. The SUV retails for around 253,500 RMB or approximately $35,000 for the standard variant. The range-topping Max variant comes in at around 329,900 RMB or over $46,000.
<figure class="wp-block-image aligncenter size-large is-resized"><img loading="lazy" decoding="async" width="1024" height="767" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/27005411/xiaomi-200000-1024x767.jpg" alt="" class="wp-image-964276" style="width:483px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/27005411/xiaomi-200000-1024x767.jpg 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/27005411/xiaomi-200000-300x225.jpg 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/27005411/xiaomi-200000-768x575.jpg 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/27005411/xiaomi-200000.jpg 1048w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
Source: Xiaomi via Weibo
The base standard variant undercuts the Tesla Model Y, which was the best-selling SUV in China, by 10,000 RMB or $1,400. It offers a claimed range of 515 miles on a single charge. The Max variant offers AWD and a claimed range of 472 miles with NMC batteries.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">We designed the Standard variant to deliver a full Pro experience. With up to 835 km range (CLTC) and a 96.3 kWh battery, it leads the way in SUV efficiency at the entry level. <a href="https://t.co/k3hCXilFqB">pic.twitter.com/k3hCXilFqB</a>
&mdash; Lei Jun (@leijun) <a href="https://twitter.com/leijun/status/1938229249258787153?ref_src=twsrc%5Etfw">June 26, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Why It Matters: Xiaomi's SUV comes in as <a href="https://www.benzinga.com/news/topics/25/06/45715047/byds-aggressive-pricing-triggers-ev-rat-race-stock-tumbles-authorities-voice-concern">China's EV price war</a> shows little signs of relenting, with several manufacturers offering aggressive discounts to drive up sales.
Several Chinese manufacturers are unveiling new models. 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 launched its <a href="https://www.benzinga.com/markets/tech/25/06/45855643/tesla-rival-byd-launches-15000-seal-06-sedan-as-chinas-ev-price-war-heats-up">Seal 06 EV sedan</a>, priced at over $15,000. The EV undercut Tesla's Model 3 by almost half.
Tesla, despite experiencing a strong May sales surge, experienced a <a href="https://www.benzinga.com/markets/tech/25/06/46069883/teslas-china-sales-slip-over-10-in-mid-june-after-strong-may-surge">decline in sales</a> in China during June. The company's new insured registrations fell by over 11%.
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/markets/asia/25/06/46111314/byd-denies-production-cutbacks-amid-ev-price-war-says-output-remains-stable-report">BYD Denies Production Cutbacks Amid EV Price War, Says Output Remains Stable: Report</a></li>
</ul>
Photo courtesy: Alan Sau / Shutterstock.com

XIACF

XIACY

Tesla Model Y-rival Xiaomi YU7 SUV Receives Nearly 300,000 Orders In 1 Hour In China

Reuters Reports Xiaomi Gets Over 200,000 Pre-Orders Of YU7 SUV In 3-Minutes

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>) has said that the Chinese EV giant's production has remained stable, <a href="https://www.benzinga.com/news/retail-sales/25/06/46090074/byd-scales-back-production-amid-profit-concerns-rising-inventory-in-china">despite earlier reports</a> that it had scaled back on manufacturing activities amid China's fierce EV price war.
What Happened: Sources close to the company have reiterated that the production levels on the factory lines remain stable, CnEVPost reported <a href="https://cnevpost.com/2025/06/26/exclusive-byd-production-capacity-remains-stable/">on</a> Thursday.
Earlier, reports in the media suggested that the company had scaled back on production by reducing shifts at Chinese factories and delaying adding new production lines.
Inventory levels at various BYD dealers also remain stable and the company's market share in the Chinese auto market continues to rise, the report suggested, citing the earlier source.
Why It Matters: The report comes in as BYD recently overtook Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) in <a href="https://www.benzinga.com/markets/tech/25/06/45969242/elon-musk-has-a-new-problem-byd-beats-tesla-in-global-ev-sales-amid-europe-expansion">global EV sales</a>, according to data released by the International Council on Clean Transportation (ICCT).
BYD has also set its <a href="https://www.benzinga.com/25/04/44946809/byd-rejigs-european-strategy-amid-lack-of-market-knowledge-and-modest-dealer-network-report">eyes on Europe</a> as the brand has released its <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 the region for $26,000. The Dolphin Surf is the Euro-spec version of its best-selling Seagull EV in China.
However, back in China, authorities <a href="http://v">have raised concerns</a> about the aggressive pricing strategies adopted by brands in a bid to boost sales. Despite this, BYD released its <a href="https://www.benzinga.com/markets/tech/25/06/45855643/tesla-rival-byd-launches-15000-seal-06-sedan-as-chinas-ev-price-war-heats-up">Seal 06 EV</a> in China for $15,000, almost half the price of a Tesla Model 3.
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 courtesy: Tada Images / Shutterstock.com

BYD Denies Production Cutbacks Amid EV Price War, Says Output Remains Stable: Report

Electric vehicle company BYD Co. (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>) <a href="https://www.benzinga.com/25/05/45564693/byd-outsells-elon-musks-tesla-amid-european-plans-shift-into-gear">has surpassed </a>Tesla Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) in Europe and the trend may continue with multiple new vehicle launches.
What Happened: In recent months, BYD has overtaken Tesla in unit sales in Europe, a move that could be two-fold, from new vehicle launches by BYD and <a href="https://www.benzinga.com/markets/tech/25/06/46087914/teslas-europe-sales-slide-for-5th-straight-month-elon-musk-led-ev-giants-market-share-shrinks-to-1-3">declining demand for Tesla.</a>
In terms of new vehicle launches, BYD may only be getting started, according to a report from <a href="https://electrek.co/2025/06/24/byd-flooding-europe-with-new-evs-faster-than-any-carmaker/">Electrek</a>.
BYD plans to release new vehicles faster than any other automotive company in Europe. This includes launching the Dolphin Surf EV that starts at less than $25,000 in the region, becoming one of the most affordable electric vehicles in the area.
BYD Special Advisor for Europe Alfredo Altavilla highlighted the Dolphin Surf being one of the company's missing pieces as it looks to compete with the cheapest EVs in the region.
"We have been launching six cars in less than a year," Altavilla said. "We are covering all of the most important segments of the European car market."
Not all of BYD's new vehicles are low-cost models, with some of the company's new launches are under the Denza Yangwang brand, which is BYD's luxury unit.
"I have zero problem in saying I don't think there has ever been such a product offensive done in Europe as the one BYD is doing," Altavilla added.
Altavilla said the team is getting together after the summer break and will have more reveals before the end of the year.
Read Also: <a href="https://www.benzinga.com/news/management/25/05/45176283/warren-buffett-is-getting-richer-in-2025-and-its-not-because-of-apple-how-one-chinese-holding-is-helping">Warren Buffett Is Getting Richer In 2025 — And It&#8217;s Not Because Of Apple: How One Chinese Holding Is Helping</a>
Why It's Important: BYD is outselling Tesla in Europe and in 2024 beat Tesla in global EV sales for the first time. As new models are released, that momentum could continue.
BYD will begin production on a new manufacturing plant in Hungary by the end of 2025, which will boost production in the region and allow for more customization.
"As we go forward into 2026, more and more of the BYD line-up will be specific to this region," Altavilla said.
BYD could more than double its sales in Europe this year to around 186,000, according to S&amp;P Global Mobility. In four more years, the sales could double again to 400,000 in Europe.
BYD Price Action: BYD stock (BYDDY) closed Wednesday down 2.28% at $98.56 versus a 52-week trading range of $52.50 to $120.30. BYD stock is up 48% year-to-date in 2025.
Read Next: 
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<li><a href="https://www.benzinga.com/markets/tech/25/06/45855643/tesla-rival-byd-launches-15000-seal-06-sedan-as-chinas-ev-price-war-heats-up">Tesla Rival BYD Launches $15,000 Seal 06 Sedan As China&#8217;s EV Price War Heats Up</a></li>
</ul>
Photo: 2025 BYD DOLPHIN SURF ACTION 007, courtesy BYD

Eurozone

BYD Beats Tesla In Europe: Never Been 'Such A Product Offensive Done'

BYD Co Ltd (OTC:<a class="ticker" href="https://www.benzinga.com/stock/BYDDY#OTC">BYDDY</a>) (OTC BYDDF), the Chinese electric vehicle (EV) leader, has reportedly cut back on production at its Chinese facilities due to concerns over profitability, slowing sales, and rising inventory levels.
What Happened: BYD has reduced shifts at some of its Chinese factories and halted plans to install new production lines, Reuters reported. This move indicates a potential slowdown in BYD&#8217;s rapid sales growth, which had previously allowed it to surpass Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) as the world&#8217;s largest EV manufacturer.
As per the report, the company has canceled night shifts and decreased production at some factories by at least a third of their capacity. It has also put a hold on plans to set up new production lines. These measures have been implemented at a minimum of four factories, according to sources who requested anonymity.
Despite offering significant price reductions in China, BYD is still grappling with increasing inventory levels. This has led to a slowdown in the company&#8217;s sales growth, with production growth dropping to 13% and 0.2% year-on-year in April and May, respectively.
See Also: <a href="https://www.benzinga.com/markets/tech/25/06/46087914/teslas-europe-sales-slide-for-5th-straight-month-elon-musk-led-ev-giants-market-share-shrinks-to-1-3">Tesla&#8217;s Europe Sales Slide For 5th Straight Month: Elon Musk-led EV Giant&#8217;s Market Share Shrinks To 1.3%</a>
BYD, which sold 4.27 million cars last year, primarily in China, aims to achieve a nearly <a href="https://www.benzinga.com/markets/tech/25/06/45969242/elon-musk-has-a-new-problem-byd-beats-tesla-in-global-ev-sales-amid-europe-expansion">30% increase </a>in sales to 5.5 million this year.&nbsp;
Why It Matters: BYD&#8217;s decision to slow down production comes after the company faced criticism for triggering a price war in the Chinese EV market after offloading with its aggressive discounts. This led to a significant drop in BYD&#8217;s stock, which fell over 5% on the Hong Kong exchange, following a 15% plunge, as reported by <a href="https://www.benzinga.com/news/topics/25/06/45715047/byds-aggressive-pricing-triggers-ev-rat-race-stock-tumbles-authorities-voice-concern">Benzinga</a> on June 2.
Despite these setbacks, BYD managed to <a href="https://www.benzinga.com/markets/tech/25/06/45969242/elon-musk-has-a-new-problem-byd-beats-tesla-in-global-ev-sales-amid-europe-expansion">overtake Tesla in global EV sales</a> for the first time in 2024, according to the International Council on Clean Transportation.&nbsp;
The recent production slowdown at BYD&#8217;s Chinese facilities may indicate a potential shift in the company&#8217;s momentum.&nbsp;
Read Next:
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<li><a href="https://www.benzinga.com/markets/tech/25/06/45969242/elon-musk-has-a-new-problem-byd-beats-tesla-in-global-ev-sales-amid-europe-expansion">Elon Musk Has A New Problem: BYD Beats Tesla In Global EV Sales Amid Europe Expansion</a></li>
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Photo courtesy: Tada Images / Shutterstock.com

BYD Scales Back Production Amid Profit Concerns, Rising Inventory in China

Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) has experienced a fifth straight month of declining sales in Europe as EVs continue to gain footing in the region.
Check out the current price of <a href="https://benzinga.com/quote/tsla">TSLA stock here</a>.
What Happened: The latest sales figures for the European region during May come in through data released by the European Automobile Manufacturers' Association, or ACEA, on Wednesday.
Elon Musk's EV giant sold 13,863 units in May, a 27.9% year-on-year decline from the 19,227 units it sold last year during the same period. Tesla's market share also shrank to 1.3% in May from 2.1% last year.
During the first 5 months of the year, Tesla sold 75,196 units compared to 119,482 units during the same period in 2024. The data represents a 37.1% decline for the automaker in Europe.
In contrast, Battery Electric Vehicles or BEVs posted gains in the region. "In the first five months of 2025, new battery-electric car sales reached 701,089 units, capturing 15.4% of the total EU market share," the ACEA report suggested.
Why It Matters: The data highlights what has been a tough year for Musk's company, which has seen its <a href="https://www.benzinga.com/markets/eurozone/25/06/45736798/tesla-sales-hit-3-year-low-in-this-european-nation-despite-musks-claims-of-no-demand-problem">sales decline in multiple markets</a> in Europe as rivals like 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>) continue to bolster their <a href="https://www.benzinga.com/markets/25/05/45560953/byds-europe-pivot-in-full-swing-with-new-26000-affordable-ev-amid-tesla-sales-slump">presence in the region</a>.
Despite the European slump, <a href="https://www.benzinga.com/markets/tech/25/06/45739130/elon-musks-tesla-defies-european-slump-with-norway-sales-growth-in-may-model-y-comes-to-the-rescue">Tesla sales grew in Norway</a> by over 213%, where the Model Y emerged as a best-selling vehicle for the EV maker. Tesla sold over 2,346 units in the country during May.
Tesla's sales have <a href="https://www.benzinga.com/markets/tech/25/06/46069883/teslas-china-sales-slip-over-10-in-mid-june-after-strong-may-surge">also decreased in China</a>, where the company had been seeing some growth in May, with the latest data suggesting the company experienced an almost 11% decline.
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="201" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/25013241/TSLA-JUN-25-2025-1024x201.jpg" alt="" class="wp-image-960867" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/25013241/TSLA-JUN-25-2025-1024x201.jpg 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/25013241/TSLA-JUN-25-2025-300x59.jpg 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/25013241/TSLA-JUN-25-2025-768x151.jpg 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/25013241/TSLA-JUN-25-2025-1536x301.jpg 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/25013241/TSLA-JUN-25-2025.jpg 1549w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
Tesla scores well on Momentum, Quality and Growth metrics, but offers poor Value. For more such insights, sign up for<a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound"> Benzinga Edge Stock Rankings</a> today!
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 courtesy: Ken Wolter / Shutterstock.com

Tesla's Europe Sales Slide For 5th Straight Month: Elon Musk-led EV Giant's Market Share Shrinks To 1.3%

George Efstathopoulos, multi-asset portfolio manager at Fidelity International, is shifting <a href="https://www.benzinga.com/topic/china">his gaze East</a>. 
"For the first time, I'm not selling the rally in China," he <a href="https://www.ft.com/content/2d99d11f-9d05-44ce-9f1d-e2f761156a52">says</a>, pointing to a structural innovation surge that's making the country's tech stocks serious contenders to their U.S. counterparts. Chinese tech stocks, long battered by regulatory uncertainty and global skepticism, are now outpacing their U.S. peers, the <a href="https://www.benzinga.com/topic/magnificent-seven">Magnificent Seven</a>, in both performance and valuation appeal. 
Alibaba Group Holding Ltd (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BABA#NYSE">BABA</a>) (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BABAF#NYSE">BABAF</a>) is up over 33% year-to-date and BYD (OTCPK:BYDDF), China's EV juggernaut, has surged nearly 46%. 
In contrast, Amazon.com Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) is down more than 5% and Apple Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) has tumbled 17% in the same period.
Valuations highlight the stark divergence. 
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="508" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/24070939/image-356-1024x508.png" alt="" class="wp-image-959626" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/24070939/image-356-1024x508.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/24070939/image-356-300x149.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/24070939/image-356-768x381.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/24070939/image-356-1536x762.png 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/24070939/image-356-2048x1016.png 2048w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
<a href="https://www.benzinga.com/pro/register?utm_adType=bzprocontent&amp;utm_campaign=14daytrial&amp;utm_ad=0624">Created using Benzinga Pro data</a>
Tesla Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>), which has <a href="https://www.benzinga.com/markets/tech/25/06/46046720/tesla-doubles-down-on-us-elon-musk-plans-another-8-billion-investment-after-spending-nearly-10-billion-in-2024">committed $8 billion</a> to ramp up EV and AI development this year, including China's largest grid-scale energy storage project, trades at a forward P/E of 178, per Benzinga Pro data. BYD, already outselling Tesla in China, trades at just 19 times forward earnings.
Alibaba and JD.com Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JD#NASDAQ">JD</a>) look even cheaper, with forward P/Es of 11.6 and 7.8, respectively.
Read Also: <a href="https://www.benzinga.com/trading-ideas/long-ideas/25/06/45973429/trump-wants-babies-to-get-1000-to-invest-at-birth-this-maginicent-7-stock-tops-poll-for-18-year-growth">Trump Wants Babies To Get $1,000 To Invest At Birth: This Maginicent 7 Stock Tops Poll For 18-Year Growth</a>
<h2 class="wp-block-heading">Chinese Tech: High Growth, Low Valuation, Government Tailwinds</h2>
EV sales in China hit a record in May, crossing 1 million units in a month for the first time. Research firm Rho Motion <a href="https://www.reuters.com/business/autos-transportation/global-ev-sales-rise-may-china-hits-2025-peak-rho-motion-2025-06-12/">attributes</a> the growth to strong domestic demand and rising exports, with BYD tapping into new markets like Mexico and Southeast Asia, reported Reuters.
Government policy is also playing a supportive role. With fewer regulatory shocks and more focus on innovation and energy transition, sentiment around China's tech sector is beginning to stabilize. "China is leading in many tech spaces," says Nandini Ramakrishnan of JPMorgan Asset Management, pointing to AI and green tech dominance as long-term drivers.
<h2 class="wp-block-heading">U.S. Tech: Great Companies, Stretched Prices</h2>
U.S. tech giants still dominate investor portfolios, but at premium valuations. Nvidia Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) trades at a forward P/E of 33.6, Microsoft Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) at 32.4, and even Alphabet Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>), the cheapest among them, sits at 17.7. Tesla's triple-digit multiple, compared to BYD's single-digit trailing P/E of 7.6, underscores how much optimism is already priced in.
Moreover, YTD returns have started to diverge. Alphabet is down over 12%, Tesla has slid 8%, and Amazon is still in negative territory. Only Meta Platforms Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>), Microsoft, and Nvidia have posted double-digit gains.
<h2 class="wp-block-heading">How To Play The Shift</h2>
Investors interested in diversifying away from expensive U.S. names may consider:
<ul class="wp-block-list">
<li>Direct exposure: Alibaba, JD, BYD</li>
<li>Broad ETFs: The KraneShares CSI China Internet ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KWEB#NYSE">KWEB</a>) offers China Internet exposure, and the Invesco China Technology ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CQQQ#NYSE">CQQQ</a>) offers China Tech exposure.</li>
<li>Global innovation funds: The EMQQ The Emerging Markets Internet ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EMQQ#NYSE">EMQQ</a>) for Emerging Markets Ecommerce &amp; Internet exposure.</li>
</ul>
With structural growth drivers, cheap valuations, and improving sentiment, China tech is finally back on the menu.
Read Next: 
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<li><a href="https://www.benzinga.com/25/05/45500627/only-3-mag-7-stocks-pass-peter-lynchs-favorite-valuation-test-tesla-isnt-one-of-them">Only 3 Mag 7 Stocks Pass Peter Lynch&#8217;s Favorite Valuation Test &#8211; Tesla Isn&#8217;t One of Them</a></li>
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Photo: Maxx-Studio On Shutterstock.com

AAPL

ALIBABA GROUP HOLDING LTD by Alibaba Group Holding Limited

BABAF

CQQQ

EMQQ

KWEB

NVDA

Why This Fidelity Fund Manager Is Buying China Tech Over The Magnificent Seven

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/BYDDY#OTC">BYDDY</a>) (OTC:<a class="ticker" href="https://www.benzinga.com/stock/BYDDF#OTC">BYDDF</a>) has edged past Elon Musk's EV giant in global sales for the first time, according to the International Council on Clean Transportation or ICCT.
What Happened: Chinese automakers are "building significant leads in the zero-emission vehicle (ZEV) market," the ICCT said in a press release as part of its third annual Global Automaker Rating on Tuesday.
BYD exceeded Tesla for the first time in 2024 in BEV (Battery Electric Vehicle) sales, the report says, while maintaining that both companies remain "leaders" in the ratings.
The report also says that the Chinese domestic market now accounts for over 11 million EVs sold annually, which is "more than half" of the total EV sales throughout the globe.
Why It Matters: The news comes in as BYD has been expanding its presence throughout multiple countries, with Europe currently <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">a key area</a> for the Chinese EV giant.
The company recently launched its best-selling model in Europe, the Seagull EV, which would be called the <a href="https://www.benzinga.com/markets/25/05/45560953/byds-europe-pivot-in-full-swing-with-new-26000-affordable-ev-amid-tesla-sales-slump">Dolphin Surf EV </a>in the region for $26,000. This comes in as the automaker <a href="https://www.benzinga.com/25/04/44946809/byd-rejigs-european-strategy-amid-lack-of-market-knowledge-and-modest-dealer-network-report">overhauled its European strategy</a> after it failed to meet targets set when it entered the region.
On the other side of the coin, BYD has been <a href="https://www.benzinga.com/news/topics/25/06/45715047/byds-aggressive-pricing-triggers-ev-rat-race-stock-tumbles-authorities-voice-concern">facing criticism</a> over its aggressive discounts amid China's ongoing EV price war. The company recently released the <a href="https://www.benzinga.com/markets/tech/25/06/45855643/tesla-rival-byd-launches-15000-seal-06-sedan-as-chinas-ev-price-war-heats-up">Seal 06 EV</a> sedan in China, retailing for $15,000.
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/markets/asia/25/06/45900203/xpeng-receives-10000-pre-orders-in-under-an-hour-for-new-tesla-model-3-rival-report">Xpeng Receives 10,000 Pre-Orders In Under An Hour For New Tesla Model 3 Rival: Report</a></li>
</ul>
Photo courtesy: Tada Images / Shutterstock

Elon Musk Has A New Problem: BYD Beats Tesla In Global EV Sales Amid Europe Expansion

China announced Tuesday that Nvidia Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) will attend its flagship China International Supply Chain Expo for the first time in July, marking a significant development as U.S.-China tech tensions reach new heights over semiconductor trade restrictions.
What Happened: Yu Jianlong, deputy director of the China Council for the Promotion of International Trade, called the participation of over 100 U.S. and European exhibitors a &#8220;vote of confidence&#8221; in China&#8217;s supply chain amid a &#8220;complex and volatile&#8221; global trade landscape, <a href="https://www.scmp.com/economy/china-economy/article/3314715/nvidia-hands-china-symbolic-victory-attendance-beijing-expo?module=perpetual_scroll_0&amp;pgtype=article">reported</a> the South China Morning Post. 
The artificial intelligence chipmaker&#8217;s Beijing appearance comes despite escalating export controls that cost Nvidia $2.5 billion in first-quarter revenue. CEO Jensen Huang recently said that the <a href="https://www.benzinga.com/markets/equities/25/06/45918580/nvidia-drops-china-from-guidance-after-2-5-billion-q1-revenue-hit-ceo-jensen-huang-says-hes-not-">company no longer includes China in revenue forecasts</a>, stating, &#8220;I&#8217;m not counting on it, but if it happens, then it will be a great bonus.&#8221;
See Also: <a href="https://www.benzinga.com/news/politics/25/06/45965629/trump-exits-g7-summit-early-citing-obvious-reasons-amid-escalating-iran-israel-conflict-gold-oil-etfs-spike-in-after-hours-trading">Trump Exits G7 Summit Early Citing &#8216;Obvious Reasons&#8217; Amid Escalating Iran-Israel Conflict: Gold, Oil ETFs Spike In After-Hours Trading</a>
Why It Matters: The timing highlights mounting pressure on China&#8217;s semiconductor independence. Chinese automakers, including 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>), Geely Automobile Holdings (OTC:<a class="ticker" href="https://www.benzinga.com/stock/GELYF#OTC">GELYF</a>), and Li Auto Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LI#NASDAQ">LI</a>) are accelerating plans to eliminate foreign chips by 2027, targeting 100% <a href="https://www.benzinga.com/markets/equities/25/06/45966176/after-nvidia-pauses-china-outlook-top-chinese-automakers-race-to-ditch-foreign-chips-aim-for-100-domestic-supply-by-2027-report">domestic semiconductor supply chains</a>.
This represents a dramatic shift from Beijing&#8217;s previous 25% domestic chip usage goal for this year. Major automakers currently rely heavily on Nvidia&#8217;s AI processors for autonomous driving and Qualcomm Inc.&#8216;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QCOM#NASDAQ">QCOM</a>) <a href="https://www.benzinga.com/markets/equities/25/06/45966176/after-nvidia-pauses-china-outlook-top-chinese-automakers-race-to-ditch-foreign-chips-aim-for-100-domestic-supply-by-2027-report">smart cockpit solutions</a>.
Washington&#8217;s export controls have blocked Nvidia&#8217;s <a href="https://www.benzinga.com/tech/25/05/45309175/nvidia-modifies-h20-chip-for-china-after-us-restrictions-block-sales-aims-to-deliver-new-version-by-july-report">China-specific H20 AI chip shipments</a>, requiring special licenses. 
The restrictions aim to limit China&#8217;s access to advanced semiconductor technology critical for <a href="https://www.benzinga.com/tech/25/05/45309175/nvidia-modifies-h20-chip-for-china-after-us-restrictions-block-sales-aims-to-deliver-new-version-by-july-report">AI development and military applications</a>.
Benzinga Edge Stock Rankings indicate Nvidia continues to show strong upward momentum across short-, medium-, and long-term timeframes. Full <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">performance insights are available here</a>.
<figure class="wp-block-image aligncenter size-full is-resized"><a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound"><img loading="lazy" decoding="async" width="886" height="648" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/17030137/image-253.png" alt="" class="wp-image-951718" style="width:461px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/17030137/image-253.png 886w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/17030137/image-253-300x219.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/17030137/image-253-768x562.png 768w" sizes="(max-width: 886px) 100vw, 886px" /></a></figure>
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Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo Courtesy: Evolf on Shutterstock.com

Equities

GELYF

QCOM

Nvidia To Appear At China's Top Supply Chain Expo Despite Escalating US-China Chip War: Beijing Calls Participation 'A Vote Of Confidence'

Chinese automakers are accelerating plans to eliminate foreign semiconductors from their vehicles by 2027, with at least two brands preparing mass production of cars using 100% domestic chips by 2026.
What Happened: Major Chinese automakers, including SAIC Motor, 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>), Geely Automobile Holdings (OTC:<a class="ticker" href="https://www.benzinga.com/stock/GELYF#OTC">GELYF</a>) (OTC:<a class="ticker" href="https://www.benzinga.com/stock/GELYY#OTC">GELYY</a>), Great Wall Motor Co (OTC:<a class="ticker" href="https://www.benzinga.com/stock/GWLLY#OTC">GWLLY</a>) (OTC:<a class="ticker" href="https://www.benzinga.com/stock/GWLLF#OTC">GWLLF</a>), Li Auto (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LI#NASDAQ">LI</a>) and Changan are developing models with entirely homemade semiconductors, <a href="https://asia.nikkei.com/Business/Technology/China-s-automakers-aim-for-cars-with-100-domestic-chips-from-2026">reported</a> Nikkei Asia, citing sources. 
China&#8217;s Ministry of Industry and Information Technology is shepherding the initiative, regularly requiring self-assessments of domestic chip adoption rates.
The push comes as Nvidia Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) <a href="https://www.benzinga.com/markets/equities/25/06/45918580/nvidia-drops-china-from-guidance-after-2-5-billion-q1-revenue-hit-ceo-jensen-huang-says-hes-not-">announced it will exclude China from future revenue</a> guidance after U.S. export controls cost the chipmaker $2.5 billion in first-quarter revenue. CEO Jensen Huang told CNN the company won&#8217;t count on China sales, saying, &#8220;if it happens, then it will be a great bonus.&#8221;
Automakers mentioned in the report did not immediately respond to&nbsp;<a href="http://pro.benzinga.com/" target="_blank" rel="noreferrer noopener">Benzinga</a>'s request for comment.
See Also: <a href="https://www.benzinga.com/markets/tech/25/06/45965638/amid-trumps-anti-ev-push-senate-republicans-propose-tax-bill-to-axe-7500-ev-credit">Amid Trump&#8217;s Anti-EV Push, Senate Republicans Propose Tax Bill To Axe $7500 EV Credit</a>
Why It Matters: The 2027 target represents a dramatic acceleration from Beijing&#8217;s previous goal of 25% domestic chip usage this year. While not mandatory, the framework incentivizes companies to demonstrate progress toward technological self-reliance.
Chinese electric vehicle makers currently rely heavily on foreign chips, particularly Nvidia&#8217;s AI processors for autonomous driving and Qualcomm Inc.&#8217;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QCOM#NASDAQ">QCOM</a>) solutions for smart cockpits. Progressive U.S. restrictions have raised concerns about component access.
GAC Group is collaborating with domestic contract manufacturers Semiconductor Manufacturing International Corp. and CanSemi Technology to review supply chains and verify local alternatives, according to the report.
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</ul>
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo courtesy: Jack Hong / Shutterstock.com

GELYY

GWLLF

GWLLY

After Nvidia Pauses China Outlook, Top Chinese Automakers Race To Ditch Foreign Chips, Aim For 100% Domestic Supply By 2027: Report

Ark Invest&#8217;s Cathie Wood is raising questions over an unusual discrepancy in Chinese automaker BYD Company Ltd.'s (OTC:<a class="ticker" href="https://www.benzinga.com/stock/BYDDF#OTC">BYDDF</a>) reported delivery data, citing a roughly 20% gap between the company's vehicle deliveries and corresponding registration figures.
What Happened: On Sunday, Wood, who is a prominent Tesla Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) investor, posted on X with just a &#8220;?&#8221; while quoting a post by Akaash TK, a research associate at Ark. In his post, Akaash highlighted significant discrepancies in the sales and delivery figures being cited by the Chinese EV giant, with a gap that goes as high as 20%.
See Also: <a href="https://www.benzinga.com/news/politics/25/06/45942949/white-house-orders-scrutiny-of-spacex-contracts-even-as-trump-musk-relationship-warms-report">White House Orders Scrutiny Of SpaceX Contracts Even As Trump-Musk Relationship Warms: Report</a>
&#8220;A 20% gap between BYD&#8217;s delivery numbers and likely registrations from Jan–Apr. Inventory build or something else?&#8221; he asks, referring to the significant differences between the number of vehicles that the company has claimed to have delivered and those that have been registered from January through April 2025.
Akaash questions whether this is an inventory build, referring to a potential rise in inventory in anticipation of a spike in demand, or something else altogether.
BYD did not immediately respond to <a href="http://pro.benzinga.com/" target="_blank" rel="noreferrer noopener">Benzinga</a>'s request for comment.
<figure class="wp-block-embed aligncenter is-type-rich is-provider-twitter wp-block-embed-twitter"> 
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">? <a href="https://t.co/u9cUhvSgWx">https://t.co/u9cUhvSgWx</a>
&mdash; Cathie Wood (@CathieDWood) <a href="https://twitter.com/CathieDWood/status/1934274389886796025?ref_src=twsrc%5Etfw">June 15, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Why It Matters: This comes amid <a href="https://www.benzinga.com/markets/asia/25/05/45611701/chinese-regulators-will-meet-tesla-rival-byd-other-companies-to-discuss-zero-mile-used-cars-report">growing concerns regarding</a> &#8220;Zero Mile&#8221; used cars in Chinese markets, a practice wherein cars with zero mileage are sold as used cars, primarily to boost sales and clear inventory. 
A few weeks ago, this prompted Chinese regulators to meet with the country&#8217;s automakers, including BYD, to address these concerns.
China&#8217;s Commerce Ministry was prompted to act following Great Wall Motor Company&#8217;s (OTC:<a class="ticker" href="https://www.benzinga.com/stock/GWLLF#OTC">GWLLF</a>) Chairman Wei Jianjun&#8217;s comments on the matter in recent weeks.
Jianjun said that at least 3,000 to 4,000 vendors on Chinese used car markets were selling such brand new cars, with no mileage, as used cars at discounted prices, according to a report by Reuters.
Price Action: Shares of BYD were down 3.07% on Friday, trading at $16.86 per share in the OTC markets.
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Photo by Cobalt S-Elino via Shutterstock

Cathie Wood Flags BYD's 20% Delivery-to-Registrations Gap Amid Concerns Over Zero-Mileage Used Car Sales Practices

Xpeng Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XPEV#NYSE">XPEV</a>) debuted the new all-electric G7 SUV in China as the country's brutal EV price war shows no signs of relenting.
What Happened: The Chinese automaker received over 10,000 pre-orders for the G7 SUV in under 46 minutes, CnEVPost reported <a href="https://cnevpost.com/2025/06/12/xpeng-g7-10000-pre-orders-46-mins/">on</a> Thursday.
Xpeng says display models of the SUV are available across multiple outlets in China. The SUV would retail for around 235,810 Yuan or slightly under $33,000, pitting it squarely against Tesla Inc.'s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) cheapest vehicle in China, the Model 3.
Also Read:<a href="https://www.benzinga.com/markets/asia/25/06/45881963/tesla-supplier-catl-hits-milestone-with-1-million-battery-packs-delivered-to-li-auto"> Tesla Supplier CATL Hits Milestone With 1 Million Battery Packs Delivered To Li Auto</a>
The SUV also features Xpeng's Turing AI chip, which is developed in-house by the automaker, marking a shift away from the previously utilized Nvidia Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) autonomous driving chipsets.
Why It Matters: The G7 debuts in what is a cutthroat market as China's EV price war has put pressure on the country's supply chains, with several automakers, including 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>) pledging <a href="https://www.benzinga.com/markets/tech/25/06/45878086/tesla-rivals-byd-xpeng-pledge-faster-supplier-payments-amid-ev-price-war-in-china-report">faster payments to suppliers</a>.
The EV price war was also called out by the Chinese Communist Party's newspaper, <a href="https://www.benzinga.com/news/topics/25/06/45715047/byds-aggressive-pricing-triggers-ev-rat-race-stock-tumbles-authorities-voice-concern">The People's Daily</a>, which equated it to a ‘rat race' and warned of negative effects on the country's supply chain, as well as product quality issues, among other things.
However, the aggressive pricing strategy continues as BYD recently released the <a href="https://www.benzinga.com/markets/tech/25/06/45855643/tesla-rival-byd-launches-15000-seal-06-sedan-as-chinas-ev-price-war-heats-up">Seal 06 EV</a> sedan, which retails for $15,000, undercutting the Tesla Model 3 as well as the G7 SUV's price by almost half.
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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<li><a href="https://www.benzinga.com/markets/tech/25/06/45855123/teslas-model-y-tops-china-suv-sales-chart-in-may-with-over-24700-cars-sold">Tesla&#8217;s Model Y Tops China SUV Sales Chart In May With Over 24,700 Cars Sold</a></li>
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Photo courtesy: THINK A / Shutterstock.com

Xpeng Receives 10,000 Pre-Orders In Under An Hour For New Tesla Model 3 Rival: Report

Future Fund LLC's Managing Director, Gary Black, thinks Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) CEO Elon Musk's <a href="https://www.benzinga.com/markets/tech/25/06/45877591/elon-musk-says-he-regrets-war-of-words-with-trump-went-too-far">post expressing regret</a> over comments on U.S. President Donald Trump could help repair relations between the two.
What Happened: "TSLA now up +15% (vs NDX +2%) since last week's extraordinary falling out between Elon and President Trump," Black said in a post on social media platform X on Wednesday.
Calling Musk's post expressing regret about his comments on the president an apology, the investor noted that it "should formally repair the relationship, although we doubt the two will again become billionaire bros again," he said.
Black then said that the apology should "encourage Trump to not work against Elon" on both the Zero Emission Vehicle (ZEV) credits, as well as putting in place Federal regulations on autonomous vehicles.
He then shared his thoughts on the apology's impact on Musk's Cybercab ambitions.&nbsp;
"Elon likely realized that Tesla needs help with new EV and autonomous regulations, especially with being able to mass produce the Cybercab," the investor said and outlined how the Cybercab isn't street-legal in the U.S. due to the vehicle not having any pedals or a steering wheel.
He concluded the post by drawing parallels between the stock performances of Tesla and rivals like Uber Technologies Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UBER#NYSE">UBER</a>) and 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>). &#8220;Year-to-date TSLA (-19%) still badly lags BYDDY (+60%), UBER (+43%),&#8221; he said.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true"><a href="https://twitter.com/search?q=%24TSLA&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$TSLA</a> now up +15% (vs NDX +2%) since last week's extraordinary falling out between Elon and President Trump. Last night, Musk more or less posted an apology to Trump on X: "I regret some of my posts about President <a href="https://twitter.com/realDonaldTrump?ref_src=twsrc%5Etfw">@realDonaldTrump</a> last week. They went too far." This apology… <a href="https://t.co/Vr6lolXLIt">pic.twitter.com/Vr6lolXLIt</a>
&mdash; Gary Black (@garyblack00) <a href="https://twitter.com/garyblack00/status/1932905297942638990?ref_src=twsrc%5Etfw">June 11, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Why It Matters: The investor highlights how Musk's post expressing regret, as well as <a href="https://www.benzinga.com/markets/equities/25/06/45880572/tesla-stock-rally-continues-as-share-value-gains-amid-easing-tensions-between-trump-and-elon-musk">Tesla stock surging</a> close to its value before the falling out between Trump and the Tesla CEO, highlights the easing of tensions between the pair.
This is also important considering Tesla is gearing itself up for rolling out the Robotaxi to the public on <a href="https://www.benzinga.com/markets/tech/25/06/45876375/elon-musk-says-tesla-robotaxi-rides-begin-june-22-in-austin-full-self-driving-to-enable-home-delivery-by-june-28-were-being-super-paranoid">June 22 in Austin</a>. However, Musk has said that the date is still tentative.
Interestingly, Future Fund <a href="https://www.benzinga.com/tech/25/05/45665076/gary-blacks-future-fund-sells-remaining-tesla-stock-reitrates-310-price-target-tslas-valuation-has-become-disconnected">offloaded its entire Tesla position</a> recently as the firm sold its remaining shares in the EV giant, which Black said was due to the valuation becoming "disconnected from underlying fundamentals."
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="194" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/12004621/TSLA-JUN-12-2025-1-1024x194.jpg" alt="" class="wp-image-946980" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/12004621/TSLA-JUN-12-2025-1-1024x194.jpg 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/12004621/TSLA-JUN-12-2025-1-300x57.jpg 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/12004621/TSLA-JUN-12-2025-1-768x145.jpg 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/12004621/TSLA-JUN-12-2025-1-1536x290.jpg 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/12004621/TSLA-JUN-12-2025-1.jpg 1544w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
Tesla scores well on Momentum, Quality and Growth metrics, but offers poor Value. For more such insights, sign up for<a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound"> Benzinga Edge Stock Rankings</a> today!
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/markets/equities/25/06/45886571/gary-blacks-2021-tsla-stock-exit-dodged-a-30-drop-can-valuation-discipline-outsmart-teslas-2025-robotaxi-hype">Gary Black&#8217;s 2021 TSLA Stock Exit Dodged A 30% Drop: Can Valuation Discipline Outsmart Tesla&#8217;s 2025 Robotaxi Hype</a></li>
</ul>
Photo courtesy: Ken Wolter / Shutterstock.com

UBER

Gary Black Says Musk's Apology Should 'Repair' Relations With Trump, Weighs In On Cybercab Production: 'Elon Likely Realized That Tesla Needs Help'

Several Chinese automakers, including Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) rivals 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>) and Xpeng Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XPEV#NYSE">XPEV</a>), have pledged to settle supplier dues within 60 days.
What Happened: Authorities in China brought in regulations in March, requiring companies to settle payments with suppliers within 60 days, which kicked into effect on June 1, Reuters reported on Wednesday.
The report suggests that China's Iron and Steel Association released a statement outlining that the price war has put tremendous pressure on the sector as payments remain unsettled for months and manufacturers ask for price cuts up to 10%.
The association also called upon the manufacturers to take inspiration from Japanese auto manufacturers who "leave a certain amount of profit for suppliers and ensure product quality and innovation," the report said.
Why It Matters: The news comes as several mainstream Chinese automakers compete in the <a href="https://www.benzinga.com/25/01/42761825/ev-price-war-heats-up-as-chinese-automakers-extend-subsidies">EV price war</a>, which has engulfed the Chinese domestic car market for a while.
Recently, the Chinese Communist Party's (CCP) newspaper, The People's Daily, <a href="https://www.benzinga.com/news/topics/25/06/45715047/byds-aggressive-pricing-triggers-ev-rat-race-stock-tumbles-authorities-voice-concern">voiced concerns</a> about the ongoing "rat race" among car makers in the country while pointing out that the aggressive pricing could hurt supply chains.
The comments from the CCP come in as a BYD dealer in China's Shandong province <a href="https://www.benzinga.com/25/05/45666513/a-major-byd-dealer-in-china-shut-down-its-operations-as-ev-giant-expands-into-europe-report">closed down 20 outlets</a>, citing changes to the automaker's dealership rules. The company has closed down dealerships across 4 cities.
Despite this, the EV price war shows no sign of relenting as BYD recently released the <a href="https://www.benzinga.com/markets/tech/25/06/45855643/tesla-rival-byd-launches-15000-seal-06-sedan-as-chinas-ev-price-war-heats-up">Seal 06 EV Sedan</a>, available for $15,000. The sedan undercuts rival Tesla's cheapest offering in China, the Model 3, by almost half.
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 courtesy: Tada Images / Shutterstock.com

Tesla Rivals BYD, Xpeng Pledge Faster Supplier Payments Amid EV Price War In China: Report

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>) has launched a $15,000 EV as the electric vehicle price war heats up in the Chinese domestic market.
What Happened: Available in two trim levels, the Seal 06 EV offers a range of 292 miles with the 46 kWh battery pack, while the long-range variant is good for 339 miles on a single charge with a 56 kWh battery pack, the brand revealed on Saturday.
The base trim retails for 109,000 Yuan or just over $15,000 while the top-spec variant comes in at around 129,000 Yuan or almost $18,000.
Interestingly, the base Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) Model 3 costs almost double the price of the Seal 06 EV at 235,500 Yuan.
The vehicle comes equipped with BYD's God's Eye ADAS system. However, it utilizes a camera-based system rather than LiDAR, like some of the pricier models in the BYD lineup.
Why It Matters: BYD has been at the forefront of the Chinese EV price war, which has recently <a href="https://www.benzinga.com/news/topics/25/06/45715047/byds-aggressive-pricing-triggers-ev-rat-race-stock-tumbles-authorities-voice-concern">come under scrutiny</a> from the authorities. Without naming any brands, recently, the Chinese Communist Party's (CCP) newspaper, The People&#8217;s Daily, slammed the &#8220;rat race&#8221; in the domestic EV sector.
The brand also introduced its best-selling Seagull hatchback EV in the European market, dubbed 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>, for $26,000 as the company overtook Tesla for the first time in regional sales.
BYD is also establishing its presence in Europe with local manufacturing capabilities as the Chinese EV giant's <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 plant </a>is under construction. The plant can produce over 200,000 EVs annually.
However, as BYD continues its growth, a major dealer for the company <a href="https://www.benzinga.com/25/05/45666513/a-major-byd-dealer-in-china-shut-down-its-operations-as-ev-giant-expands-into-europe-report">closed down over 20 dealerships</a> in China&#8217;s Shandong province, citing changes to the automaker&#8217;s dealer policy. The shutdowns have affected over 1,000 customers with warranty and after-sales service woes.
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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<li><a href="https://www.benzinga.com/markets/tech/25/06/45855123/teslas-model-y-tops-china-suv-sales-chart-in-may-with-over-24700-cars-sold">Tesla&#8217;s Model Y Tops China SUV Sales Chart In May With Over 24,700 Cars Sold</a></li>
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Photo courtesy: Tada Images / Shutterstock.com

Tesla Rival BYD Launches $15,000 Seal 06 Sedan As China's EV Price War Heats Up

In what could prove to be a relief for Elon Musk's EV giant Tesla Inc.'s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) <a href="https://www.benzinga.com/markets/eurozone/25/05/45616006/teslas-european-woes-see-no-end-april-sales-crash-49-as-rivals-race-ahead-in-ev-market">global sales woes</a>, the Model Y has emerged as the best-selling SUV in China during May.
What Happened: Tesla sold over 24,770 Model Ys in May, according to new insurance registration data obtained by Car News China <a href="https://carnewschina.com/2025/06/09/tesla-model-y-reclaims-the-best-selling-suv-crown-in-china-for-may/">on</a> Monday.
The report also outlines that Tesla is closely followed by rival BYD Co. Ltd.'s (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>) Song Plus EV, which sold over 24,240 units in May.
Why It Matters: Tesla has experienced growth in the Chinese domestic market, which has been a silver lining for the company amid declining sales figures. Tesla sales <a href="https://www.benzinga.com/markets/asia/25/06/45834491/tesla-china-sales-surge-in-may-as-new-model-y-juniper-exported-for-the-first-time-amid-us-china-trade-war">grew over 34% in May</a> as the company exported the new Model Y for the first time.
This comes as the company recorded over <a href="https://www.benzinga.com/markets/tech/25/06/45787316/elon-musks-tesla-records-over-13000-new-registrations-in-china-highest-weekly-total-this-quarter">13,000 new registrations</a>, which was preceded by two consecutive weeks of recording over 11,000 new insured registrations in China during May.
However, the sales woes continue to grow in other regions as the company hit record lows in multiple regions in Europe, as Tesla <a href="https://www.benzinga.com/markets/eurozone/25/06/45736798/tesla-sales-hit-3-year-low-in-this-european-nation-despite-musks-claims-of-no-demand-problem">delivered 721 units in France</a> during May, a 67% YoY decline for the company.
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="220" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/10050612/TSLA-JUN-10-2025-1-1-1024x220.jpg" alt="" class="wp-image-944352" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/10050612/TSLA-JUN-10-2025-1-1-1024x220.jpg 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/10050612/TSLA-JUN-10-2025-1-1-300x64.jpg 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/10050612/TSLA-JUN-10-2025-1-1-768x165.jpg 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/10050612/TSLA-JUN-10-2025-1-1-1536x329.jpg 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/10050612/TSLA-JUN-10-2025-1-1.jpg 1553w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
Tesla scores well on Momentum, Quality and Growth metrics, but offers poor Value. For more such insights, sign up for<a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound"> Benzinga Edge Stock Rankings</a> today!
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 courtesy: Shutterstock

Tesla's Model Y Tops China SUV Sales Chart In May With Over 24,700 Cars Sold

The manufacturing sector in China has slipped into contraction in May, marking its&nbsp;lowest level since September 2022, as the impact of tariffs continues to weigh heavily on the industry despite a temporary&nbsp;trade truce with the U.S.
What Happened: Data released on Tuesday by&nbsp;Caixin Media Co.&nbsp;and&nbsp;S&amp;P Global&nbsp;revealed that the&nbsp;Caixin manufacturing purchasing managers index&nbsp;dropped to 48.3 in May from&nbsp;50.4 in April. For the first time in eight&nbsp;months, the index has dipped below 50, the threshold that distinguishes expansion from contraction, <a href="https://www.wsj.com/economy/chinas-manufacturing-activity-tumbles-into-contraction-as-orders-drop-cd120b36">reported</a> the Wall Street Journal.
The drop was primarily due to a significant decrease in new orders, which fell at the fastest rate in over two and a half years, as reported by&nbsp;Caixin.&nbsp;New export orders fell for the second month in a row, hitting their lowest level since July 2023.
Despite a temporary truce in the U.S.-China trade conflict in mid-May, the tariff fallout appears to have continued to impact China&#8217;s factory activity. Zichun Huang, an economist at Capital Economics, stated, &#8220;The PMIs suggest that last month's U.S.-China trade truce was not enough to prevent a broader loss of economic momentum in May.&#8221;
Employment in manufacturing shrank more quickly in May, reflecting hiring caution, but business optimism rose as companies anticipated improvements in external markets. 
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SEE ALSO: <a href="https://benzinga.com/crypto/cryptocurrency/25/06/45738110/bitcoin-ethereum-dogecoin-rise-as-china-counters-trumps-trade-deal-breach-claim-analyst-says-btc-success-riding-on-health-of-us-economy" target="_blank" rel="noreferrer noopener">Bitcoin, Ethereum, Dogecoin Rise As China Counters Trump&#8217;s Trade Deal Breach Claim: Analyst Says BTC Success Riding On Health Of US Economy </a>
Why It Matters: The ongoing trade tensions between the U.S. and China, which escalated in April with the imposition of hefty tariffs, have continued to impact China&#8217;s factory activity. Although the two countries&nbsp;reached a temporary truce in&nbsp;May and agreed&nbsp;to suspend most of the&nbsp;additional tariffs, the effects of the tariffs persist.
Amid these challenges, Chinese manufacturers are also facing domestic economic pressures, with major macroeconomic indicators showing a significant&nbsp;weakening at the start of&nbsp;the second quarter. This has led to a cautious approach by manufacturers, with employment shrinking&nbsp;at a faster pace than&nbsp;in April.
These developments align with previous warnings from analysts at&nbsp;<a href="https://www.benzinga.com/25/04/45033064/16-million-chinese-jobs-under-threat-amid-escalating-us-china-trade-war-predicts-goldman-sachs">Goldman Sachs</a>, who cautioned that persistently high U.S.-China tariffs and a significant drop in Chinese exports could put up to 16 million jobs in China at risk, particularly in the manufacturing sector.
Meanwhile, in the U.S., the ISM Manufacturing PMI slipped to 48.5% in May from 48.7% in April, indicating the sharpest contraction since late 2024. One of the respondents stated, "&#8230;the impact of ever-changing trade policies of the current administration has wreaked havoc on suppliers&#8217; ability to react and remain profitable."
Xpeng Inc &#8211; ADR (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XPEV#NYSE">XPEV</a>) and BYD&nbsp;(OTC:<a class="ticker" href="https://www.benzinga.com/stock/BYDDF#OTC">BYDDF</a>) fell 3.4% and 0.65%, each, over the past month. Meanwhile, Aluminum Corporation of China Limited (OTC:<a class="ticker" href="https://www.benzinga.com/stock/ALMMF#OTC">ALMMF</a>) surged 7.41% during the same period. 
In Tuesday&#8217;s premarket session, PDD Holdings Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PDD#NASDAQ">PDD</a>) and Alibaba Group Holding Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BABA#NYSE">BABA</a>) traded higher, while JD.com Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JD#NASDAQ">JD</a>) edged slightly lower, according to Benzinga Pro data.
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<li>READ MORE:&nbsp;<a href="https://benzinga.com/personal-finance/management/25/06/45739976/trump-administration-pauses-social-security-garnishments-over-defaulted-student-loans-department-will-begin-proactive-outreach-to-recipients" target="_blank" rel="noreferrer noopener">Trump Administration Pauses Social Security Garnishments Over Defaulted Student Loans: &#8216;Department Will Begin Proactive Outreach To Recipients&#8230;&#8217; &#8211; Benzinga</a></li>
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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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