BYD, a Chinese electric vehicle (EV) maker, has emerged as a potential rival to Tesla with expectations that it could become the world's top EV seller. However, it has faced considerable challenges, including a price war in China and a second-quarter profit slump of 30%. Despite these setbacks, BYD executives have been buying shares in the company, showing their confidence in its investment value. The company’s shares fell nearly 8% in response to the slowing growth and amidst fears overshadowing the launch of the Seal 07 DM-i model. Trexquant Investment LP and Bwcp LP have increased their stake in BYD, while
HG Vora Capital Management reduced its holding.
BYD is also extending its market with big plans to sell half its vehicles outside China by 2030.
Warren Buffett, one of the company's notable investors, has shown excitement about the stock. In spite of the current struggles,
BYD remains a long-term winner in clean energy and EV markets.
BYD Stocks News Analytics from Wed, 21 May 2025 07:00:00 GMT to Sat, 13 Sep 2025 13:52:31 GMT -
Rating -3
- Innovation 5
- Information 7
- Rumor -2
