1/Let's play the "Is BYD winning in China vs. $TSLA" game. Some disclaimers first: 1. This is a very silly analysis brought forward, by me, to refute equally silly claims by $TSLA bears-turned $BYD-bulls out of Tesla hatred. 2. The net income margin I use is from the...
2/whole company latest quarter. We don't know what individual contribution margins are for each product. So this is a proxy. 3. I am using data from @DKurac's recent tweet showing top 10 WHOLESALE EV sales from Jan-April. Not China domestic (retail) sales. Tesla exports half...
@TSLAFanMtl Yikes! As others have been saying, someone must’ve hacked your account. You forgot to include the original chart, and you used BYD’s parent company’s overall numbers. You used the wrong BYD numbers, too! Gary and I already roasted you today on market share. 🫠
@TSLAFanMtl Excellent analysis. But you can add one more point: who cares? Tesla is and will be selling all the cars they make. And not aiming for 100% ev share. When tesla sells 10m cars, I honestly don’t mind BYD selling 15m.
@TSLAFanMtl So basically if I understand this analysis correctly --> BYD = 💩