From Underdog to Market Leader: How BYD Outmaneuvered Tesla in the Global EV Race
The electric vehicle (EV) industry has witnessed a seismic shift in 2025, with China’s BYD officially surpassing Tesla in global sales—a milestone that seemed unthinkable just three years ago. This reversal of fortunes stems from divergent strategies: Tesla’s premium-focused approach versus BYD’s mass-market dominance. Key Turning Points: Tesla’s Missteps: Global Expansion:BYD’s new factories in Hungary,…