“BYD beats Tesla to major sales milestone in Australia BYD’s local distributor EVDirect says it has notched up 40,000 sales less than three years after the brand arrived in Australia and is projecting a further 40,000 sales this year alone.
Although the figures are yet to be officially verified in March’s national vehicle sales data, set to be released by the Federal Chamber of Automotive Industries later this week, the announcement indicates that BYD has flown past Tesla to achieve the feat.
Tesla is understood to have recorded 40,000 total sales in the second half of 2022, nearly eight years after the brand officially opened its first showrooms Down Under with the Model S sedan and later the Model X. Both models have now been discontinued for Australia.”
Musk sure helped out BYD smashing records for selling EV’s! Now they can afford to make 5 minute charging station investments also. BYD is smashing it out of the park.
VUL Price at posting:
$5.03 Sentiment: Buy Disclosure: Held
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