Within the electric vehicle (EV) landscape, two companies stand head and shoulders above the rest. Elon Musk’s Tesla (NASDAQ: TSLA) needs little introduction; the company is the dominant EV player in the U.S. and is one of the world’s top ten most valuable stocks. However, on the other side of the Pacific Ocean, Chinese automaker BYD (OTCMKTS: BYDDY) has become a huge force in its own right. It is the world's third most valuable automotive stock and is one of only three EV companies that have achieved profitability.
Tesla and Li Auto (NASDAQ: LI) are the other two. However, Li’s $20 billion in the last 12 months (LTM) sales pale compared to the $92 billion and $118 billion in revenue Tesla and BYD generated, respectively. This positions the companies in a league of their own.
