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As People Cued in Lines to See the Cybertruck This Weekend, Some Wall Street Analysts Continue to Prefer BYD Over Tesla

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Tesla BYD

After a horrendous 2023 - characterized by persistently muted demand for electric vehicles, especially when compared with rosy projections for the industry at the turn of the decade - much of the EV industry lies in tatters for believing in the false paradigm that there would always be enough demand for electric vehicles, that you can sell whatever you produce. This patch of inky darkness has so far spared two of the industry's biggest players, Tesla and BYD, courtesy of the proverbial hell that they have unleashed on the rest of the EV players by engaging in an escalating price […]

Read full article at https://wccftech.com/as-people-cued-in-lines-to-see-the-cybertruck-this-weekend-some-wall-street-analysts-continue-to-prefer-byd-over-tesla/

WccftechContinue reading/original-link]

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