BYD gave up the fuel car, to hard steel Tesla, what do you think?
Musk certainly did not expect ten years ago that BYD actually gave up fuel vehicles today to become Tesla's number one opponent. Recently, BYD relied on the hot search on the new energy of the discontinued fuel car Stud, because it is the first traditional car company in the world to do so.
Until March last year, BYD had been selling more fuel vehicles than new energy. But now the situation has taken a big turn. In the first quarter of this year, BYD's fuel vehicles sold only 5,000 units, accounting for less than 2% of total sales. And what about the discontinued fuel vehicle this time? Just stand on the same track as Tesla completely. BYD did chase Tesla non-stop in the data, from tesla sales of more than 180,000 units in the first quarter of last year, hanging more than 50,000 BYD units, to the first quarter of this year, Tesla's global sales were 310,000, BYD has been 286,000 units, the gap between the two sides is only more than 20,000 units. However, BYD last year's auto sector gross profit margin was only 17.39%, which is a new low in 14 years, on the contrary, Tesla, gross margin and net profit margin are on the rise, in fact, I do not care so much about who or who is the global electric vehicle overlord, I just want to know who can provide us with a more humane use of the car machine and the right conscience of the price.