BYD is regarded by many as the Chinese version of "Tesla", and recently its official announcement will stop the production of fuel vehicles from March this year, and after the inventory is emptied, BYD fuel vehicles will officially stop selling. As soon as the news was released, BYD's stock price rose in response. As of the close of A-shares on April 6, BYD's stock price closed at 241.9 yuan, compared with the previous trading day (April 1) at the close of the company's market value in the A-share market, a sharp increase of more than 17.3 billion yuan, ranking first in the market value of Chinese auto companies. Optimists believe that in the future, BYD will have a good chance of surpassing Tesla and climbing to the top of the world's most valuable car company.
Wang Chuanfu, chairman and president of BYD Co., Ltd., said in 2013 that "if household consumption is started, BYD can build Tesla in minutes." Since then, it has been "threatened", "in 2015 to achieve the first in the country, in 2025 to achieve the world's first." As of press time, Tesla's latest market value is $1.13 trillion (about 7.2 trillion yuan), and BYD's market value is 70 million yuan, which is still a big gap with the former.
BYD's fuel vehicle sales in March have been 0, and at present, only the second generation of Song Pro and the third generation of F3 fuel models are on sale on the official website; and BYD's hybrid models are often waiting for more than 3 months at present.