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Chinese Carmaker Overtakes Tesla as World’s Most Popular EV Maker
(www.bloomberg.com)
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this post was submitted on 30 Dec 2023
202 points (90.4% liked)
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Teslas sept 2023 q3 operating margin was 11.18% and peaked at 16 before all the cuts. This is while ramping 2 factories.
BYDs latest seems to be 5.33% and peaked around 9.5 in 2018 and has been under 8 since. I don't know what BYDs factory ramping situation is.
Ford for the past couple years has hovered a little above and below 4. Was worse further back.