Chinese EV Giant BYD Takes Lead Over Tesla With Higher Sales, Growth & Stronger Market Presence

BYD, the Chinese electric vehicle giant, has officially surpassed Tesla in annual revenue, marking a major milestone in the global EV race. From its humble beginnings as a battery manufacturer in 1995 to becoming a dominant force in the EV market, BYD's journey has been nothing short of remarkable. With a 29% sales jump in 2024 and a record-breaking revenue exceeding $100 billion, BYD is now ahead of Tesla, whose annual deliveries declined for the first time. Backed by Warren Buffett, BYD has also outperformed Tesla in stock market returns, delivering an 82% gain over the past year compared to Tesla’s 62%. Meanwhile, the competition is heating up in India, where BYD is already selling its EVs, while Tesla is still working on certification. Is BYD now the true leader of the EV revolution? Watch the full video to find out!