The Latest Breaking News from BYD

BYD projected Q3 earnings up 67%-102% vs. a year earlier. Shares are rebounding from a key level.

In August, global sales of plug-in electric cars exceeded 1.2 million units, which was the third best result ever (almost a new record).

Tesla sold 10% fewer cars in China last month than the same period a year earlier, according to new data from the China Passenger Car Association.

Bulls are fighting back, with the stock market indexes reversing higher Friday despite rising Treasury yields. Tesla held up despite bad news.

BYD Co (BYDDY ), China’s best-selling automaker, is closing the gap with Tesla (TSLA ) in becoming the world’s largest seller of electric vehicles (EVs). BYD Co sold 431,603 fully electric vehicles in the three months ended September 30, up +23% from the second quarter. Meanwhile, Tesla sold 435,059 EVs...

Global electric car sales rose by almost 50 per cent this year and while Australian sales are increasing they are still well below the world average.

The industry is poised for long-term growth supported by innovations and rising demand. While gambling stocks Esports Entertainment Group (GMBL) and Boyd Gaming (BYD) should benefit from the industry tailwinds, let us determine which stock is poised for better gains.

In September, BYD set its fifth consecutive plug-in electric car sales record, further approaching a level of 300,000 units a month.

BYD already beats Tesla when it comes to total sales. Now it's closing the gap on purely battery-powered cars as well.