From Nasdaq:

Tesla has sold more EVs than BYD, according to CMBI data. Both companies have grown their market share in China. However, analyst predicts that Tesla will face challenges in matching BYD’s overall growth. Tesla continues to grow in the Chinese market, taking up 12% market share from 10% in 2022. Its direct sales model is seen as an effective strategy in China. However, Tesla may face production capacity constraints and competition from other EV manufacturers.



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