Chinese electric car giant BYD’s profit doubles in blow to Tesla
Chinese electric car maker BYD doubled its profits to $1.3 billion in the first quarter as it continues to surge beyond its major rival Elon Musk’s Tesla. The Shenzhen-based company said annual revenue jumped over $100 billion last month – quarterly revenues rose 36% to 17.036 billion yuan, or about $235.1 billion for China’s top […]