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BYD Undercuts Tesla by $4,700 Per Car
BYD

BYD February Sales Drop 41% as Geely and Tesla Gain Ground in China

Six consecutive months of year-on-year sales declines. That is the streak BYD is now on, and February made it the worst single month since the pandemic shut down China’s economy in early 2020. According to a stock market filing released Sunday, BYD’s global sales fell 41.1% from February 2025, with domestic sales collapsing 65% to…

BYD Undercuts Tesla by $4,700 Per Car
BYD

BYD Undercuts Tesla by $4,700 Per Car, and Subsidies Are Only 5% of the Reason

The Western auto industry has spent years blaming Chinese state subsidies for BYD’s price advantage over Tesla and other foreign rivals. A new Rhodium Group report published February 19 makes that argument a lot harder to sustain. According to the New York-based independent research firm, Chinese government support accounts for just $235 of BYD’s roughly…

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