Tesla And BYD: What Is Going On With The Latter

Dear @taskmaster4450le , I believe that the explanation lies in the existing world economic crisis, despite the fact that the use of electric vehicles is a way to avoid pollution and the consumption of gasoline, which is highly rationed worldwide. Here in Venezuela they only sell a vehicle a full tank of gasoline per week, but since we buy an electric vehicle, with a minimum monthly salary of 130 bolivars, equivalent to 5 dollars. Your post is very good, worthy of much discussion. successes

The new Dolphin and Seal models could be an absolute game changer, especially if they can scale the production fast.

BYD, the Chinese electric vehicle manufacturer, has been making waves in the industry lately. They recently announced a partnership with Toyota to develop electric cars, but it's unclear what this means for their existing lineup. Meanwhile, Tesla is dominating the market with their cutting-edge technology and high-end vehicles.

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Summary:
In this video analysis, Task discusses BYD, the rumors surrounding their sales numbers, and their position as a competitor to Tesla in the electric vehicle market. He highlights the difference between hybrid vehicles and pure electric vehicles, emphasizing that hybrids are not the future of the automotive industry. Task also touches upon the issue of companies misstating sales numbers and how this practice can be manipulated by dealerships. He questions the profitability of purely electric vehicles for companies like BYD and the potential risks they might face if these models are not profitable by 2025.

Detailed Article:
Task starts the video by addressing the comparisons often made between BYD and Tesla, with some claiming that BYD is outperforming Tesla in sales. He clarifies that while BYD sells more vehicles overall, they include a significant number of hybrid vehicles in their sales figures which are not equivalent to pure electric vehicles. Task asserts that hybrids are not the future of the automotive industry, drawing a parallel with Toyota's Prius that, despite its early success, is not considered the leading edge of innovation in the industry.

Furthermore, Task delves into the issue of misstating sales numbers, pointing out that companies utilizing dealerships have the potential to manipulate their sales figures. He explains how orders placed by dealerships at the end of a quarter are often counted as sales even if the vehicles have not been shipped or sold. Task suggests that BYD may not be any more misleading than other companies in this regard.

The focus then shifts to BYD's position as a competitor to Tesla. Task acknowledges BYD as a formidable player in the EV market, especially with their efforts to scale up their EV production. However, he raises concerns about the profitability of BYD's purely electric vehicles. Drawing a comparison to Ford's struggles with profitability in the EV sector, Task questions whether BYD is currently making profits on their EVs and whether they will be able to sustain this in the long run.

Task concludes the video by highlighting the potential risks for companies like BYD if their EV models do not become profitable by 2025. He suggests that while subsidies may support the transition to profitability, companies will ultimately need to ensure that their EV ventures are financially sustainable in the long term. This cautionary tale serves as a reminder of the challenges and uncertainties surrounding the EV market and the importance of profitability for long-term success in the industry.

Notice: This is an AI-generated summary based on a transcript of the video. The summarization of the videos in this channel was requested/approved by the channel owner.