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Tesla Rival BYD's Hong Kong Shares Surge Amid Overseas Sales Boost: Report [Yahoo! Finance]
Last tesla, inc. earnings: 4/29 04:11 pm
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US:NASDAQ Investor Relations: ir.tesla.com
The automaker's shares listed on the Hong Kong stock exchange surged 8.3%, the most in more than a year, after reports emerged that the automaker's facility in Brazil received an order of 100,000 units from Mexico and Argentina, Bloomberg reported on Monday, citing local Chinese media news. Hong Kong-listed shares of BYD's fellow Chinese automakers, like Nio Inc. and Xiaomi Corp , also recorded a 5% surge, the report said. Don't Miss: This AI Helps Fortune 1000 Brands Avoid Costly Ad Mistakes — See Why Investors Are Paying Attention This Energy Storage Company Already Has $185M in Contracts—Shares Are Still Available BYD's Overseas Sales, Formula 1 Team The news comes as the world's largest EV maker has recorded consistent growth in its overseas sales. BYD recently registered its facilities in Shenzhen and Xi'an as potential exporters to the Canadian market, even as Canada's leader of opposition touts a U.S.-focused strategy for the country's auto industry. BYD's sales
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