The Chinese automaker BYD is increasingly a thorn in Tesla's side, selling more EVs in 2024 and recently crossing the $100 billion mark.

In fact, this Chinese firm just posted some huge financial numbers that put it ahead of Tesla. According to a report from the Associated Press, BYD just posted that it had 777.1 billion yuan in revenue last year,

China's BYD reported annual revenue of 777 billion yuan ($107 billion) for 2024, leapfrogging Tesla as competition between the two EV rivals heats up.

President Trump on Wednesday announced 25% tariffs on vehicles and auto parts imported into the U.S. The new duties could lead to sticker shock on a wide range of automobiles for American consumers, including those manufactured in the United States,

Investors sold off shares of carmakers in Japan, Germany and the UK on Thursday, wiping billions of value off names such as Toyota, BMW and Jaguar Land Rover. Firms in America were some of the hardest hit,

President Donald Trump’s planned 25 per cent tariffs on imported vehicles and key car parts are meant to force manufacturers to relocate production to the US and create jobs. European and Asian carmakers’ shares have dropped,