Jul 03, 2023 05:32 PM
BUSINESS
Tesla, BYD Post Record Sales on Demand for Electric Vehicles
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Tesla vehicles at the Gigafactory in Gruenheide, Germany, on March 19, 2022. Photo: Bloomberg
(Bloomberg) — Tesla Inc. and BYD Co. Ltd. set fresh sales records in the second quarter, widening their lead as the world’s top-selling clean automakers.
Elon Musk-led Tesla delivered a record 466,140 cars worldwide in results posted Sunday, outpacing Wall Street estimates. BYD, China’s biggest-selling car brand, posted its best-ever quarterly sales results of 700,244 new-energy vehicles — half fully-electric sales, and the other plug-in hybrids.
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