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Tesla vs. BYD: What's the Better Buy? [Yahoo! Finance]
Last tesla, inc. earnings: 4/29 04:11 pm
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US:NASDAQ Investor Relations: ir.tesla.com
These 10 stocks could mint the next wave of millionaires › BYD (OTC: BYDDY) and Tesla (NASDAQ: TSLA) are two of the most important companies in the electric vehicle (EV) industry globally. If you had to choose one to invest in today, which is the better buy-and-hold option? Despite slowing sales, Tesla has a widespread charging network and the most recognizable electric vehicle brand in the world. Tesla is making a push to transform from a carmaker to a broader innovative company specializing in autonomous driving, artificial intelligence (AI), and software. The upside is less about electric vehicles and more about Tesla becoming a fully integrated tech company. The company's stock has remained relatively flat over the past 12 months, but it is still trading at an absurdly high price-to-earnings ratio of over 300. BYD, on the other hand, is now the world's largest electric vehicle seller. It is expanding rapidly on nearly every continent. BYD has an advantage in that it contr
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