옵션 체인은 다양한 행사가격과 만기일에 대한 BYD의 주식 옵션 주요 데이터를 보여줍니다. 트레이더들은 이 정보를 사용하여 잠재적 거래를 분석하고 BYD에 대한 시장 심리를 평가합니다..

BYD (OTC:BYDDF) 주식, 옵션 체인

Founded in 1995, BYD is a leading Chinese manufacturer in the design, development, and production of new energy vehicles, or NEVs. In March 2022, the firm discontinued production of internal combustion engine, or ICE, vehicles. Its products primarily target the growing midpriced mass-market segment in China's passenger vehicle market. The company sold about 4.3 million passenger NEVs in 2024, accounting for 35% of the Chinese passenger NEV market. Besides automobile production, the company is also engaged in handset components and assembly services, as well as the rechargeable battery and photovoltaics business. After more than 25 years of development, the company has established over 30 industrial parks worldwide.

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도널드 트럼프 대통령은 온라인에서 비합의적이고 성적으로 노골적인 딥페이크 이미지와 동영상의 확산을 겨냥한 초당적인 법안인 &#39;테이크 잇 다운 법안&#39;(Take It Down Act)에 곧 서명할 것으로 예상된다.트럼프는 미국 국내 제조 차량의 외국산 부품에 부과되는 관세를 일부 완화하여 미국 제조업체에 일부 구제를 제공할 것으로 알려졌다.

소비자 기술 뉴스 (4월 28일~5월 2일): 트럼프의 자동차 부품 관세 완화 가능성, 전기차 대상 250달러 등록수수료 부과 등

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Markets

웨드부시 증권의 애널리스트 댄 아이브스는 테슬라(NASDAQ:TSLA)의 브랜드 인식과 수요 둔화에 대한 우려가 커지고 있다며 &#39;시장수익률 상회&#39; 등급을 유지하면서 목표주가를 550달러에서 315달러로 낮췄다.

댄 아이브스, 관세 여파 속 테슬라 목표가 315달러로 하향 조정...애플 목표가도 23% 낮춰

What Happened

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테슬라(NASDAQ:TSLA)가 중국 제조사와 경쟁과 일론 머스크 CEO의 정치 활동에 대한 반발로 더 많은 어려움에 직면하고 있다. 주요 유럽 시장에서 판매가 3월에도 하락 추세를 이어가며 여러 국가에서 3개월 연속 하락세를 확대했다.

머스크의 정치적 논란과 중국 제조사와 경쟁...테슬라, 유럽 판매 3개월 연속 하락

BYD Co Ltd

Reuters Reported BYD Aims To Sell Half Its Cars Outside China By 2030

Tesla Inc.&#8217;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>)&nbsp;<a target="_blank" href="https://www.benzinga.com/topic/tesla-china" rel="noreferrer noopener">China-made electric vehicle</a> sales in April dropped 6% year-over-year, extending declines for a seventh month.
Deliveries of China-made Model 3 and Model Y vehicles totaled 58,459 units in April, down 25.8% from March, Reuters reported Wednesday, citing the China Passenger Car Association (CPCA).
Deliveries of China-made Model 3 and Model Y vehicles accounted for exports to markets, including sales in Europe and China.
Also Read: <a target="_blank" href="https://www.benzinga.com/25/05/45238222/teslas-future-hinges-on-china-fsd-analyst-says" rel="noreferrer noopener">Tesla&#8217;s Future Hinges On China FSD: Goldman Sachs</a>
Tesla&#8217;s sales&nbsp;plunged across Europe&nbsp;in April as brand sentiment and political backlash weighed on growth. CEO Elon Musk has acknowledged the challenges of running his business while working with the Department of Government Efficiency (DOGE).&nbsp;
Meanwhile, Tesla&#8217;s Chinese competitors have increased their market share. Tesla stock has lost 28% in stock value year-to-date.
Tesla ramped up efforts to sell into new markets such as&nbsp;India&nbsp;and&nbsp;Saudi Arabia to gain market share akin to its Chinese EV rivals.
Tesla also remains focused on commercializing the affordable version of Model Y in Shanghai in 2026.
Tesla&#8217;s <a target="_blank" href="https://www.benzinga.com/trading-ideas/movers/25/04/44607859/teslas-deliveries-slide-in-q1-amid-production-setbacks-political-backlash" rel="noreferrer noopener">first-quarter deliveries</a> dropped to 336,681 vehicles, down from 386,810 vehicles a year ago, amid production disruptions and weakening global demand. The electric vehicle company produced 362,615 vehicles, down from&nbsp;433,371 a year ago.
Tesla&#8217;s <a target="_blank" href="https://www.benzinga.com/government/regulations/25/03/44330619/tesla-bets-on-low-cost-evs-in-china-after-february-sales-hit-two-year-low" rel="noreferrer noopener">market share in</a> China&#8217;s battery-only EV market fell to 10.4% in 2024 from 11.7% in 2023 as it battled intense competition from Xiaomi (OTC:<a class="ticker" href="https://www.benzinga.com/stock/XIACF#OTC">XIACF</a>) (OTC:<a class="ticker" href="https://www.benzinga.com/stock/XIACY#OTC">XIACY</a>). BYD (OTC:<a class="ticker" href="https://www.benzinga.com/stock/BYDDF#OTC">BYDDF</a>) (OTC:<a class="ticker" href="https://www.benzinga.com/stock/BYDDY#OTC">BYDDY</a>) and Xiaomi have launched dozens of models to compete with Tesla.
Price Action: TSLA stock is down 0.31% at $274.50 at the last check on Wednesday.
Read Next:
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<li><a href="https://www.benzinga.com/25/05/45221976/ferrari-beats-q1-holds-2025-outlook-but-warns-tariffs-could-squeeze-profit-margins" target="_blank" rel="noreferrer noopener">Ferrari Beats Q1, Holds 2025 Outlook But Warns Tariffs Could Squeeze Profit Margins</a></li>
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What Is Going On With Tesla Stock On Wednesday?

Tesla Inc.&#8217;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) European woes continue to pose a problem for Elon Musk&#8217;s EV giant as sales in the UK and Germany hit new lows.
What Happened: Sales for the company's vehicles fell by over 62% in the UK compared to last year and declined 46% YoY in Germany, according to a report published by Reuters on Tuesday.
This decline in sales follows a trend for the company in Europe, with sales plunging in some other markets within the region. Tesla's share in the European market also declined to 2%, from 2.9% last year.
Why It Matters: Musk's company sold over 512 vehicles in April, compared to 1,352 units last year in the UK. Interestingly, Tesla <a href="https://www.benzinga.com/markets/25/05/45192200/teslas-european-woes-deepen-as-new-car-sales-for-april-plunge-in-spain-as-chinese-rivals-soar">sold over 571 units</a> in Spain, a 36% decline, according to data released by experts.
Tesla's sales in the region have taken a hit in Europe, even as EVs have seen <a href="https://www.benzinga.com/25/04/44975755/tesla-sales-decline-28-in-europe-as-ev-car-market-experiences-growth-report">greater adoption from drivers</a> in the region. Sales for BEVs rose 17.1% in the region, ACEA data shows.
The company also faces stiff competition from rivals in the region, with Chinese EV giant BYD Co. Ltd (OTC:<a class="ticker" href="https://www.benzinga.com/stock/BYDDF#OTC">BYDDF</a>) (OTC:<a class="ticker" href="https://www.benzinga.com/stock/BYDDY#OTC">BYDDY</a>) experiencing <a href="https://www.benzinga.com/news/global/25/05/45202597/tesla-stock-falls-on-european-sales-decline-rising-competition-whats-going-on">triple-digit growth</a> in sales. BYD also pivoted its European strategy earlier and is all set to produce vehicles in the region with a manufacturing <a href="https://www.benzinga.com/25/04/45097773/satellite-images-put-tesla-rival-byds-hungarian-factory-capable-of-producing-200k-units-annually-in-the-spotlight">facility in Hungary</a>.
The decline in sales for Tesla comes as Musk's endorsement of far-right political ideals has resulted in backlash against the billionaire as well as his company's products being at the receiving end of vandalism.
Check out more of Benzinga's Future Of Mobility coverage by<a href="https://www.benzinga.com/topic/mobility"> following this link.</a>
Read Next:
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<li><a href="https://www.benzinga.com/25/04/44945220/chinas-geely-announces-it-will-share-battery-safety-patents-safety-lab-with-the-auto-industry">China&#8217;s Geely To Share Battery Safety Patents, Unveils World&#8217;s Largest EV Safety Lab At Shanghai Auto Show</a></li>
</ul>
Photo courtesy: Tada Images / Shutterstock.com

General

Tesla New Car Sales Hit 2-Year Low In UK, Germany As European Woes Continue

Tesla Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) has seen a significant drop in&nbsp;new car sales in Spain, while competitors&#8217; electric vehicle sales have seen a sharp increase.
What Happened: Data&nbsp;released by industry group ANFAC&nbsp;on Monday reveals that Tesla sold 571 units in Spain in April, marking a 36% decrease from the same period in the previous year. In contrast, other brands&#8217; electric car sales have surged 54%, indicating a shift in consumer preference, as reported by Reuters.
The decline in Tesla&#8217;s sales is in stark contrast to the overall growth in the electric vehicle market in Spain, suggesting a significant shift in consumer preference towards other brands.
According to ANFAC&#8217;s report, sales of Chinese automakers BYD (OTC:<a class="ticker" href="https://www.benzinga.com/stock/BYDDF#OTC">BYDDF</a>), MG, and Omoda in Spain have surged by 644%, 80%, and 346%, respectively, so far this year.
This decline in sales is not an isolated incident. Tesla has been losing ground in Europe as well, with a&nbsp;<a href="https://www.benzinga.com/25/04/44975755/tesla-sales-decline-28-in-europe-as-ev-car-market-experiences-growth-report">28% sales decline</a>&nbsp;reported in April 2025. The company&#8217;s market share in the region has dropped to 2% from 2.9% around the same time in the previous year.
SEE ALSO:&nbsp;<a href="https://benzinga.com/news/25/05/45188594/trump-says-i-dont-know-when-asked-if-he-has-to-uphold-the-constitution-when-it-comes-to-mass-deportations" target="_blank" rel="noreferrer noopener">Trump Says &#8216;I Don&#8217;t Know&#8217; When Asked If He Has To Uphold The Constitution When It Comes To Mass Deportations</a>
Why It Matters: Tesla&#8217;s decline highlights broader brand issues, growing competition from Chinese automakers, aging vehicle models, and CEO Elon Musk&#8216;s increasingly polarizing public image. Musk&#8217;s support for far-right politics in Europe has sparked protests and led to vandalism at Tesla showrooms and charging stations in both the U.S. and Europe
In an attempt to expand its global presence, Tesla has started sales <a href="https://www.benzinga.com/25/04/44728787/tesla-to-make-saudi-arabia-debut-amid-infrastructure-challenges">operations in Saudi Arabia</a>. However, the declining sales in Europe and now Spain raise concerns about the company&#8217;s growth prospects in new markets. 
The shift in consumer preference towards other brands in the electric vehicle market is a significant development that could have far-reaching implications for Tesla&#8217;s market dominance. As the company continues to face stiff competition from other brands, it remains to be seen how it will navigate these challenges and maintain its position in the market.
Tesla holds a momentum rating of 92.03% and a quality rating of 95.35%, according to&nbsp;<a href="https://www.benzinga.com/quote/TSLA" target="_blank" rel="noreferrer noopener">Benzinga's Proprietary Edge Rankings</a>. For an in-depth report on more stocks and insights into growth opportunities,&nbsp;<a href="https://www.benzinga.com/screener/top-momentum-stocks" target="_blank" rel="noreferrer noopener">sign</a>&nbsp;<a href="https://www.benzinga.com/screener/top-momentum-stocks" target="_blank" rel="noreferrer noopener">up for Benzinga Edge.</a>
The shares of Tesla gained over 23% during the past month, whereas on a year-to-date basis, it plunged 24.2%. 
READ MORE:
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<li><a href="https://benzinga.com/markets/cryptocurrency/25/05/45187736/elizabeth-warren-slams-shady-deal-involving-trump-family-backed-usd1-as-democrats-withdraw-support-for-senarte-crypto-bill" target="_blank" rel="noreferrer noopener">Elizabeth Warren Slams &#8216;Shady&#8217; Deal Involving Trump Family-Backed USD1 As Democrats Withdraw Support For Senarte Crypto Bill &#8211; Benzinga</a></li>
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Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
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Tesla's European Woes Deepen As New Car Sales For April Plunge In Spain While Chinese Rivals Soar

President&nbsp;Donald Trump&nbsp;is expected to soon sign into law the "Take It Down Act," a sweeping bipartisan measure that targets the spread of nonconsensual, sexually&nbsp;explicit <a target="_blank" href="https://www.benzinga.com/media/25/04/45057271/donald-trump-set-to-sign-landmark-take-it-down-act-as-congress-targets-deepfake-images-and-videos" rel="noreferrer noopener">deepfake images&nbsp;and videos online</a>.
Trump&nbsp;will provide some relief to U.S. manufacturers by reportedly easing some duties imposed on foreign parts in<a target="_blank" href="https://www.benzinga.com/25/04/45059191/donald-trump-will-reduce-impact-on-us-auto-industry-by-alleviating-some-auto-tarrifs-report" rel="noreferrer noopener"> domestically manufactured vehicles</a>.
Republicans in the U.S. House of Representatives advanced a reform proposed by Rep.&nbsp;Sam Graves&nbsp;(R-MO), which tabled a <a target="_blank" href="https://www.benzinga.com/25/05/45127530/house-republicans-advance-rep-sam-gravess-proposal-to-charge-250-annual-fee-on-evs-report" rel="noreferrer noopener">$250 annual fee on all EVs</a>.
Earnings Results
Meta Platforms Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>) reported first-quarter revenue of $42.31 billion, beating analyst estimates of $41.39 billion and earnings of $6.43 per share, easily beating <a href="https://www.benzinga.com/news/earnings/25/04/45117948/meta-q1-earnings-eps-beat-revenue-up-16-ai-approaches-1-billion-monthly-actives-capital-expenditures-forecast-raised" target="_blank" rel="noreferrer noopener">analyst estimates of $5.21 per share</a>.
Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) reported fiscal second-quarter revenue of $95.36 billion, beating analyst&nbsp;estimates of $94.53 billion and earnings of $1.65 per share, beating analyst <a target="_blank" href="https://www.benzinga.com/news/earnings/25/05/45152493/apple-reports-strong-q2-earnings-revenue-beat-eps-beat-installed-base-hits-all-time-high-across-all-segments-100-billion-buyback-and-more" rel="noreferrer noopener">estimates of $1.63 per share</a>.
Smartphones &amp; Applications
Apple is reportedly considering a shift of iPhone assembly to India. However, a renowned analyst has expressed skepticism about the potential effectiveness of this move in mitigating <a target="_blank" href="https://www.benzinga.com/25/04/45032214/analyst-questions-apples-reported-iphone-shift-to-india-amid-china-tariff-pressures-doesnt-solve-all-the-problems" rel="noreferrer noopener">the impact of China tariffs</a>.
Apple CEO Tim Cook said that the tech giant expects a $900 million cost impact in <a href="https://www.benzinga.com/tech/25/05/45156890/apple-ceo-tim-cook-warns-of-900-million-tariff-impact-in-june-quarter-expects-majority-of-iphones-sold-in-us-to-be-made-in-india" target="_blank" rel="noreferrer noopener">the June quarter due to tariffs</a>.
As Washington cranks up&nbsp;the tariff pressure,&nbsp;Apple&nbsp;may have already played its smartest card: doubling down on India for assembly and investing <a target="_blank" href="https://www.benzinga.com/analyst-ratings/analyst-color/25/04/45039357/apples-india-game-plan-looks-smarter-as-tariff-heat-rises-analyst-highlights-4-stocks-that-could-benefit" rel="noreferrer noopener">deeper into U.S. component suppliers</a>.
U.S. District Judge&nbsp;Yvonne Gonzalez Rogers&nbsp;found&nbsp;Apple and one of its top executives in contempt of court, accusing them of deliberately evading a 2021 injunction meant to curb the&nbsp;tech giant&#8217;s <a target="_blank" href="https://www.benzinga.com/25/05/45126668/apple-lied-under-oath-judge-says-tim-cook-ignored-internal-warnings-in-epic-games-case-fallout-this-is-an-injunction-not-a-negotiation" rel="noreferrer noopener">control&nbsp;over&nbsp;</a><a target="_blank" href="https://www.benzinga.com/25/05/45126668/apple-lied-under-oath-judge-says-tim-cook-ignored-internal-warnings-in-epic-games-case-fallout-this-is-an-injunction-not-a-negotiation" rel="noreferrer noopener">App Store</a><a target="_blank" href="https://www.benzinga.com/25/05/45126668/apple-lied-under-oath-judge-says-tim-cook-ignored-internal-warnings-in-epic-games-case-fallout-this-is-an-injunction-not-a-negotiation" rel="noreferrer noopener">&nbsp;payments</a>.
Following a U.S. court ruling that found&nbsp;Apple violated the spirit of an injunction against&nbsp;anti-steering practices,&nbsp;Epic Games, backed by&nbsp;Tencent Holdings (OTC:<a class="ticker" href="https://www.benzinga.com/stock/TCEHY#OTC">TCEHY</a>), has offered to bring&nbsp;Fortnite&nbsp;back to the&nbsp;App Store&nbsp;if the tech giant <a target="_blank" href="https://www.benzinga.com/news/legal/25/04/45123864/apple-ordered-to-ease-app-store-rules-in-us-epic-games-ceo-tim-sweeney-proposes-peace-deal-saying-well-return-fortnite-and-drop-all-litigation-only-if" rel="noreferrer noopener">fulfills this one condition</a>.
Spotify Technologies&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPOT#NYSE">SPOT</a>) defended its $11.99 Premium plan while signaling that future price hikes could be <a target="_blank" href="https://www.benzinga.com/general/entertainment/25/04/45090328/spotify-defends-11-99-price-tag-but-executive-says-raising-prices-is-now-part-of-our-toolbox-can-music-escape-the-inflation-gauntlet" rel="noreferrer noopener">part of its long-term strategy</a>.
Technology
Alibaba Group Holdings Ltd&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BABA#NYSE">BABA</a>) introduced&nbsp;Qwen 3,&nbsp;its most advanced <a target="_blank" href="https://www.benzinga.com/25/04/45057716/alibabas-qwen-3-launch-takes-aim-at-deepseeks-disruption-and-baidus-ernie-turbo-models" rel="noreferrer noopener">artificial intelligence model yet.</a>
Meta&nbsp;has announced the launch of a standalone AI app that will compete with the likes of&nbsp;OpenAI's&nbsp;ChatGPT,&nbsp;<a target="_blank" href="https://www.benzinga.com/tech/25/04/45075691/meta-launches-ai-app-to-compete-with-chatgpt-gemini-grok" rel="noreferrer noopener">Google's</a><a target="_blank" href="https://www.benzinga.com/tech/25/04/45075691/meta-launches-ai-app-to-compete-with-chatgpt-gemini-grok" rel="noreferrer noopener">&nbsp;Gemini&nbsp;and xAI's Grok</a>.
Alphabet Inc.&#8217;s&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) CEO&nbsp;Sundar Pichai&nbsp;revealed ongoing talks with&nbsp;Apple to integrate the company&#8217;s Gemini AI into iPhones, amid federal regulators' push to rein in&nbsp;<a target="_blank" href="https://www.benzinga.com/news/legal/25/05/45128130/google-aims-for-gemini-ai-deal-with-apple-this-year-says-sundar-pichai-amid-dojs-bid-to-curb-search-monopoly" rel="noreferrer noopener">Google&#8217;s&nbsp;</a><a target="_blank" href="https://www.benzinga.com/news/legal/25/05/45128130/google-aims-for-gemini-ai-deal-with-apple-this-year-says-sundar-pichai-amid-dojs-bid-to-curb-search-monopoly" rel="noreferrer noopener">dominance in online search</a>.
Nvidia Corporation&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) CEO&nbsp;Jensen Huang&nbsp;told U.S. lawmakers that&nbsp;export restrictions on AI chips&nbsp;may be helping China&#8217;s&nbsp;Huawei Technologies&nbsp;gain a competitive foothold in the <a target="_blank" href="https://www.benzinga.com/25/05/45157365/nvidia-ceo-jensen-huang-warns-us-lawmakers-that-export-bans-are-backfiring-fueling-huaweis-rise-in-global-ai-chip-race" rel="noreferrer noopener">global artificial intelligence race</a>.
Automobiles &amp; Defense
Pershing Square&#8216;s&nbsp;Bill Ackman&nbsp;has hailed&nbsp;Amazon.com Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) founder&nbsp;Jeff Bezos-backed&nbsp;Slate Auto as the company recently <a target="_blank" href="https://www.benzinga.com/markets/25/04/45033046/bill-ackman-hails-jeff-bezos-backed-tesla-rival-slate-auto-says-it-will-be-a-big-success" rel="noreferrer noopener">revealed its $20,000 EV truck</a>.
Tesla&#8216;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) Chinese division is developing an affordable version of the <a target="_blank" href="https://www.benzinga.com/markets/asia/25/04/45032179/tesla-reportedly-developing-a-cheaper-model-y-e80-variant-with-fewer-features-in-china" rel="noreferrer noopener">popular Model Y crossover SUV</a>.
Ross Gerber&nbsp;has called out&nbsp;Tesla&#8216;s&nbsp;rumored Model Y E80, which is slated to be a more affordable <a target="_blank" href="https://www.benzinga.com/25/04/45033764/tesla-bull-ross-gerber-slams-rumored-affordable-model-y-e80-just-4-wheels-and-you" rel="noreferrer noopener">version of the new Model Y</a>.
Tesla said that the company expects the first units of the Semi to enter <a target="_blank" href="https://www.benzinga.com/tech/25/04/45060435/teslas-first-batch-of-semi-trucks-to-roll-out-from-nevada-plant-by-late-2025-despite-disruption-from-trumps-145-tariffs" rel="noreferrer noopener">production by the end of the year.</a>
Tesla is ramping up the production of its Semi Truck as the company reportedly added over 1,000 Workers <a target="_blank" href="https://www.benzinga.com/tech/25/04/45092570/tesla-adds-1000-workers-at-nevada-gigafactory-to-fuel-elon-musks-semi-truck-ambitions-report" rel="noreferrer noopener">to its Nevada Giga factory</a>.
Dan Ives&nbsp;refuses to acknowledge&nbsp;Alphabet&#8216;s&nbsp;and&nbsp;Toyota Motor Corp&#8216;s&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TM#NYSE">TM</a>) partnership&nbsp;as a threat to&nbsp;<a target="_blank" href="https://www.benzinga.com/25/05/45126638/tesla-will-own-the-autonomous-market-dan-ives-says-shrugging-off-waymo-toyota-agreement" rel="noreferrer noopener">Tesla</a><a target="_blank" href="https://www.benzinga.com/25/05/45126638/tesla-will-own-the-autonomous-market-dan-ives-says-shrugging-off-waymo-toyota-agreement" rel="noreferrer noopener">&#8216;s&nbsp;Robotaxi ambitions</a>.
Elon Musk&#8216;s space-based internet service provider,&nbsp;Starlink, could reportedly face delays in its plans to expand into India <a target="_blank" href="https://www.benzinga.com/general/space/25/04/45037304/elon-musks-india-ambitions-face-regulatory-hurdles-amid-uncertainty-around-starlink-license-report" rel="noreferrer noopener">due to regulatory requirements</a>.
Future Fund&#8216;s noted investor,&nbsp;Gary Black, has raised questions over&nbsp;Tesla marketing strategy as&nbsp;Elon Musk&nbsp;says his brand can be the "most <a target="_blank" href="https://www.benzinga.com/markets/equities/25/04/45063886/elon-musk-wants-tesla-to-be-most-valuable-company-in-the-world-but-top-investor-doubts-ev-giants-rise-without-apple-style-marketing-strategy" rel="noreferrer noopener">valuable company" in the world</a>.&nbsp;
Airbus SE&nbsp;(OTC:<a class="ticker" href="https://www.benzinga.com/stock/EADSF#OTC">EADSF</a>) has agreed to take over assets owned by&nbsp;Spirit Aerosystems Holdings Inc.&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPR#NYSE">SPR</a>) in a boost to the <a target="_blank" href="https://www.benzinga.com/25/04/45035715/airbus-finalizes-deal-with-spirit-to-take-over-assets-paving-way-for-boeing-acquisition" rel="noreferrer noopener">manufacturer&#8217;s acquisition by&nbsp;</a><a target="_blank" href="https://www.benzinga.com/25/04/45035715/airbus-finalizes-deal-with-spirit-to-take-over-assets-paving-way-for-boeing-acquisition" rel="noreferrer noopener">Boeing Co. </a><a target="_blank" href="https://www.benzinga.com/25/04/45035715/airbus-finalizes-deal-with-spirit-to-take-over-assets-paving-way-for-boeing-acquisition" rel="noreferrer noopener">(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BA#NYSE">BA</a>)</a>.
Stellantis&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/STLA#NYSE">STLA</a>) parent company of Dodge and Jeep, will debut a solid-state <a target="_blank" href="https://www.benzinga.com/tech/25/04/45061846/stellantis-announces-breakthrough-solid-state-battery-with-factorial-energy-company-says-technology-will-debut-in-2026-demo-fleet" rel="noreferrer noopener">battery in the Charger EV</a>.&nbsp;
Stellantis&nbsp;will reportedly move some of its production activities into the U.S. as the company grapples with <a target="_blank" href="https://www.benzinga.com/markets/25/05/45133236/chrysler-jeep-owner-stellantis-to-move-some-auto-production-into-the-us-to-avoid-tariffs" rel="noreferrer noopener">uncertainty caused by U.S. auto tariffs</a>.
General Motors Co.&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GM#NYSE">GM</a>) recalled over 877,000 vehicles with the 6.2-liter V8 engine due to possible defects. The company has also issued a stop-sale <a target="_blank" href="https://www.benzinga.com/markets/25/04/45065511/general-motors-recalls-877000-trucks-and-suvs-due-to-faulty-engine" rel="noreferrer noopener">order for the affected models</a>.
Mercedes-Benz Group&nbsp;(OTC:<a class="ticker" href="https://www.benzinga.com/stock/MBGAF#OTC">MBGAF</a>) pulled its 2025 earnings guidance, citing uncertainty over U.S. <a target="_blank" href="https://www.benzinga.com/25/04/45095342/mercedes-benz-pulls-annual-earnings-guidance-as-sales-decline-and-tariff-uncertainty-looms" rel="noreferrer noopener">President&nbsp;</a><a target="_blank" href="https://www.benzinga.com/25/04/45095342/mercedes-benz-pulls-annual-earnings-guidance-as-sales-decline-and-tariff-uncertainty-looms" rel="noreferrer noopener">Donald Trump</a><a target="_blank" href="https://www.benzinga.com/25/04/45095342/mercedes-benz-pulls-annual-earnings-guidance-as-sales-decline-and-tariff-uncertainty-looms" rel="noreferrer noopener">&#8216;s tariffs</a>.
As Chinese EV giant&nbsp;BYD Co., Ltd&nbsp;(OTC:<a class="ticker" href="https://www.benzinga.com/stock/BYDDF#OTC">BYDDF</a>) is gearing up to expand its presence in Europe, satellite images show the company&#8217;s facility in <a target="_blank" href="https://www.benzinga.com/25/04/45097773/satellite-images-put-tesla-rival-byds-hungarian-factory-capable-of-producing-200k-units-annually-in-the-spotlight" rel="noreferrer noopener">Hungary taking shape</a>.
Ford Motor Co.&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/F#NYSE">F</a>) has announced it will delay the planned hike in prices for its vehicles until it sees how the<a target="_blank" href="https://www.benzinga.com/25/05/45129156/jim-farley-says-ford-will-delay-price-hike-to-see-how-competitors-react-to-tariffs-extends-employee-pricing-through-july" rel="noreferrer noopener"> competitors respond to auto tariffs</a>.
Artificial Intelligence (AI)
Mark Zuckerberg said that&nbsp;Meta&#8217;s artificial intelligence future will cater to both billions of free users and a group willing to pay <a target="_blank" href="https://www.benzinga.com/25/04/45093311/not-everyone-needs-a-thousand-ai-engineers-but-for-those-who-do-zuckerberg-says-meta-will-gladly-build-it-for-a-price" rel="noreferrer noopener">big for powerful digital agents</a>.
Meta CEO&nbsp;Mark Zuckerberg&nbsp;predicts that the future of AI won&#8217;t follow the "winner takes most" model seen <a target="_blank" href="https://www.benzinga.com/tech/25/05/45125414/mark-zuckerberg-doesnt-believe-that-ai-market-will-follow-searchs-winner-takes-most-model-meta-ceo-predicts-multiple-specialized-ais-for-work-and-play" rel="noreferrer noopener">in the search engine industry</a>.
OpenAI&nbsp;CEO&nbsp;Sam Altman&nbsp;acknowledged that the last few updates to the&nbsp;GPT-4o&nbsp;model made its personality <a target="_blank" href="https://www.benzinga.com/25/04/45030694/openai-ceo-sam-altman-says-gpt-4o-personality-tweaks-made-it-annoying-fixes-coming-this-week" rel="noreferrer noopener">"too sycophant-y and annoying."</a>
OpenAI&nbsp;unveiled an upgrade to&nbsp;ChatGPT&#8217;s&nbsp;search functionality, enabling users to browse and shop for <a target="_blank" href="https://www.benzinga.com/25/04/45058959/openai-launches-ad-free-shopping-search-in-chatgpt-heres-how-it-works" rel="noreferrer noopener">products directly within the chatbot</a>.
Geoffrey Hinton, known as the "Godfather of AI," has joined a growing chorus of experts and former employees urging regulators to block&nbsp;<a target="_blank" href="https://www.benzinga.com/tech/25/04/45060194/godfather-of-ai-geoffrey-hinton-backs-elon-musk-in-fight-against-openais-restructuring-id-like-to-stop-them-from-completely-gutting-it" rel="noreferrer noopener">OpenAI&#8217;s</a><a target="_blank" href="https://www.benzinga.com/tech/25/04/45060194/godfather-of-ai-geoffrey-hinton-backs-elon-musk-in-fight-against-openais-restructuring-id-like-to-stop-them-from-completely-gutting-it" rel="noreferrer noopener">&nbsp;controversial&nbsp;restructuring plans</a>.

Consumer Tech News (Apr 28-May 2): Trump May Ease Auto Part Tariffs,  House Republicans Tabled $250 Charge On EV & More

As Chinese EV giant BYD Co., Ltd (OTC:<a class="ticker" href="https://www.benzinga.com/stock/BYDDF#OTC">BYDDF</a>) (OTC:<a class="ticker" href="https://www.benzinga.com/stock/BYDDY#OTC">BYDDY</a>) is gearing up to expand its presence in Europe, satellite images show the company's facility in Hungary taking shape.
What Happened: The images showcase the facility, spread over an area of 1.15 square miles, which can produce over 200,000 units a year, Business Insider <a href="https://www.businessinsider.com/satellite-photos-show-byds-massive-hungary-factory-taking-shape-2025-4">reported</a> on Wednesday.
According to the report, BYD has invested over $4.5 billion in the factory's construction, and the company expects units to start rolling off the line sometime in the latter half of this year.
The company also has plans to set up a facility in Turkey in the near future, and is considering a third factory in Europe, the report suggests.
Why It Matters: The news comes in as BYD has recently <a href="https://www.benzinga.com/25/04/44946809/byd-rejigs-european-strategy-amid-lack-of-market-knowledge-and-modest-dealer-network-report">rejigged its European strategy </a>by hiring executives well-versed with the European market from competitors, and trying to focus on Hybrid products.
BYD has since sold over 37,000 units in the European market in Q1 2025, compared to 8,500 units last year around the same time, that's a 335% YoY increase.
The company has also expressed plans to expand into other territories in Asia, as <a href="https://www.benzinga.com/markets/emerging-markets/25/04/44904375/tesla-rival-byd-targets-japans-minicar-market-with-for-new-affordable-ev">BYD will reportedly enter</a> the Japanese market with an affordable EV priced at around $17,000, putting it squarely against the Japanese minicars.
Elsewhere, BYD also recently revealed its latest <a href="https://www.benzinga.com/trading-ideas/movers/25/04/44630091/teslas-ev-crown-at-risk-as-byd-closes-in-with-breakthrough-charging-tech">battery charging technology</a>, which can provide 250 miles of range on a 5-minute charge.
Price Action: BYDDF currently trades for $48.26, according to<a href="https://pro.benzinga.com/dashboard"> Benzinga Pro data</a>.
Check out more of Benzinga&#8217;s Future Of Mobility coverage by<a href="https://www.benzinga.com/topic/mobility"> following this link.</a>
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Photo by Cobalt S-Elino via Shutterstock

Tesla Rival BYD's Hungary Facility Takes Shape, Poised To Produce 200,000 EVs Annually: Report

Stellantis NV (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/STLA#NYSE">STLA</a>), parent company of Dodge and Jeep, will debut a solid-state battery in the Charger EV.
What Happened: Stellantis announced it will utilize Factorial Energy's solid-state batteries in a demonstration fleet next year in 2026, according to an official statement released on Friday.
The Detroit-based automaker had earlier said its STLA platform is suited for Factorial's solid-state battery tech. The STLA platform sees application in the Jeep Wagoneer S as well as the Dodge Charger.
The solid-state battery cells showcased a 375 Wh/kg energy density in over 600 charge cycles, and can charge from 15% to 90% in 18 minutes, the company said. The battery can operate in temperatures ranging from -22°F to 113°F.
"This breakthrough puts us at the forefront of the solid-state revolution," Stellantis Chief Engineering and Technology Officer Ned Curic said in the statement. "This achievement with Stellantis is bringing next-generation battery technology from research to reality," Siyu Huang, CEO of Factorial Energy, said.
Why It Matters: The announcement comes in as battery tech is seeing rapid evolution throughout the globe, with companies like Contemporary Amperex Technology Co., Limited (CATL) unveiling batteries that can provide <a href="https://www.benzinga.com/markets/25/04/44894382/tesla-battery-supplier-catl-unveils-new-fast-charging-battery-with-323-mile-range-in-five-minutes">323 miles of range</a> in just 5 minutes of charging.&nbsp;
Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) rival BYD Co., Ltd. (OTC:<a class="ticker" href="https://www.benzinga.com/stock/BYDDF#OTC">BYDDF</a>) also showcased its battery capable of <a href="https://www.benzinga.com/trading-ideas/movers/25/04/44630091/teslas-ev-crown-at-risk-as-byd-closes-in-with-breakthrough-charging-tech">250 miles of range</a> on a 5-minute charge.&nbsp;
Interestingly, the EV sector is seeing increased <a href="https://www.benzinga.com/25/04/44755934/us-q1-ev-sales-data-shows-106-yoy-growth-tesla-experiences-decline-but-still-dominates-domestic-ev-sales">adoption in the U.S.</a> among drivers. Recent data suggests that EVs saw a 10.6% YoY increase in the U.S., with over 294,250 electric vehicles sold in Q1 2025.
Elsewhere, the Trump administration will reportedly be <a href="https://www.benzinga.com/25/04/45059191/donald-trump-will-reduce-impact-on-us-auto-industry-by-alleviating-some-auto-tarrifs-report">easing some of the tariffs</a> levied on U.S. automakers on imports, in what could prove to be a boost for Stellantis.
Price Action: STLA stock currently trades for $9.36 on the NYSE, according to <a href="https://pro.benzinga.com/dashboard">Benzinga Pro data</a>.
Check out more of Benzinga's Future Of Mobility coverage by<a href="https://www.benzinga.com/topic/mobility"> following this link.</a>
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Image Via Shutterstock

Stellantis Announces Breakthrough Solid-State Battery With Factorial Energy, Company Says Technology Will Debut In 2026 Demo Fleet

BYD Co., Ltd (OTC:<a class="ticker" href="https://www.benzinga.com/stock/BYDDF#OTC">BYDDF</a>) (OTC:<a class="ticker" href="https://www.benzinga.com/stock/BYDDY#OTC">BYDDY</a>) is pivoting its European strategy as the Chinese EV manufacturer looks to expand into the market.
What Happened: Failing to hire executives with an understanding of the European market, as well as a small dealer network, were some of the ‘strategic missteps' BYD took as it entered into Europe, sources told Reuters on Wednesday.
BYD targeted at least 5% of the European EV Market prior to beginning production at its facility in Hungary, the report says, citing former BYD European Chief Michael Shu. However, the company fell way below expectations, selling over 57,000 vehicles in 2024 with a 2.8% market share.
BYD had announced that Plug-In Hybrids would play a crucial role in its European strategy. That decision came after advice from the company's European special adviser, Alfredo Altavilla — a key figure in the rejig who convinced the brand that EV penetration in many European markets still lags behind ICE and Hybrids, the report suggests.
"It is necessary to educate customers in the green transition.&#8221; Altavilla shared in the report. BYD has since hired various executives from rival companies like Stellantis NV (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/STLA#NYSE">STLA</a>) as well as appointed executive VP Stella Li in charge of Europe, the report says.
The company's sales in Europe have since experienced a surge, having sold over 37,000 units in the region — including the United Kingdom — in Q1 2025. The company had sold just over 8,500 units last year, around the same time.
Why It Matters: BYD has recently made headway into Japan as the company targets the local minicar market with <a href="https://www.benzinga.com/markets/emerging-markets/25/04/44904375/tesla-rival-byd-targets-japans-minicar-market-with-for-new-affordable-ev">an affordable EV</a>. The company had also disrupted the Chinese domestic market by introducing its God's Eye driver assistance system even in affordable models.
BYD had recently unveiled<a href="https://www.benzinga.com/trading-ideas/movers/25/04/44630091/teslas-ev-crown-at-risk-as-byd-closes-in-with-breakthrough-charging-tech"> new charging tech</a>, which was capable of providing over 250 miles of range in just over 5 minutes of charging. BYD is now the world's largest battery EV manufacturer with over 15.7% of the global market share.
Elsewhere, other Chinese manufacturers are also making their way to the European market. However, it could prove to be difficult as Nio Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NIO#NYSE">NIO</a>) recently announced a delay to the launch of its <a href="https://www.benzinga.com/25/04/44915240/tesla-rival-nio-delays-the-european-launch-of-firefly-ev-report">Firefly EV in Europe</a>.&nbsp;
Price Action: BYDDF currently trades for $49.13, according to<a href="https://pro.benzinga.com/dashboard"> Benzinga Pro data</a>.
Check out more of Benzinga's Future Of Mobility coverage by<a href="https://www.benzinga.com/topic/mobility"> following this link.</a>
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Photo by Cobalt S-Elino via Shutterstock

BYD Resets European EV Strategy After Missing 5% Market Goal Amid Poor Hiring, Weak Dealer Network: Report

Geely Automobile Holdings (OTC:<a class="ticker" href="https://www.benzinga.com/stock/GELYF#OTC">GELYF</a>) announced that the company will share its battery safety patents at the Shanghai Auto Show.
What Happened: The Chinese automaker revealed on Wednesday the &#8220;Geely Global Safety Center,&#8221; which the company says is the world's largest standalone safety lab. It also unveiled a new battery brand dubbed the &#8220;Geely Golden Short Blade Battery.&#8221;
The company says that it will make the Geely Global Safety Center accessible to the automotive industry, as well as share its patent for a battery pack bottom impact testing device &#8220;to support the adoption of critical EV safety standards.&#8221;
Why It Matters: Geely's announcement follows a host of developments made by Chinese EV and battery manufacturers. Recently, Tesla Inc.'s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) battery supplier CATL unveiled <a href="https://www.benzinga.com/markets/25/04/44894382/tesla-battery-supplier-catl-unveils-new-fast-charging-battery-with-323-mile-range-in-five-minutes">a new battery</a>, which could provide 323 miles of range on a 5-minute charge.
BYD Co., Ltd (OTC:<a class="ticker" href="https://www.benzinga.com/stock/BYDDY#OTC">BYDDY</a>) (OTC:<a class="ticker" href="https://www.benzinga.com/stock/BYDDF#OTC">BYDDF</a>) also showcased its advancements in the EV space as it revealed a <a href="https://www.benzinga.com/trading-ideas/movers/25/04/44630091/teslas-ev-crown-at-risk-as-byd-closes-in-with-breakthrough-charging-tech">fast-charging technology</a> that could help EVs get a 250-mile range in just over 5 minutes.
Interestingly, Tesla also shared statistics for its <a href="https://www.benzinga.com/25/04/44943086/tesla-announces-more-than-double-the-energy-products-deployed-in-q1-2025-report">energy storage deployments</a> following Tuesday's earnings call, where the company says it deployed more than double the amount of energy storage products in Q1 2025 compared to the same time last year.
Check out more of Benzinga&#8217;s Future Of Mobility coverage by<a href="https://www.benzinga.com/topic/mobility"> following this link</a>
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Image Via Shutterstock

GELYF

China's Geely To Share Battery Safety Patents, Unveils World's Largest EV Safety Lab At Shanghai Auto Show

Chinese electric vehicle heavyweight BYD Company (OTC:<a class="ticker" href="https://www.benzinga.com/stock/BYDDY#OTC">BYDDY</a>) (OTC:<a class="ticker" href="https://www.benzinga.com/stock/BYDDF#OTC">BYDDF</a>) plans to break into Japan's <a target="_blank" href="https://www.benzinga.com/topic/electric-vehicle" rel="noreferrer noopener">light minicar</a> market.
Nikkei Asia <a target="_blank" href="https://asia.nikkei.com/Business/Automobiles/Electric-vehicles/BYD-to-enter-Japan-s-mini-EV-segment-in-2026" rel="noreferrer noopener">reported</a> that the EV maker is planning an early 2026 entry into the market, which has been dominated by local players so far.
BYD is aiming to price its electric minicars at approximately 2.5 million yen ($17,558), placing them among the more affordable options in the segment.
The expansion aligns with the company's accelerating global growth, particularly in Southeast Asia.
Also Read: <a target="_blank" href="https://www.benzinga.com/news/global/25/04/44848073/tesla-rival-xpeng-unveils-bold-vision-ai-powered-evs-flying-cars-humanoid-robots" rel="noreferrer noopener">XPeng Unveils Bold Vision: AI-Powered EVs, Flying Cars, Humanoid Robots</a>
In January, BYD revealed a <a target="_blank" href="https://www.benzinga.com/25/01/43001408/grab-teams-up-with-byd-to-boost-ev-availability-for-southeast-asias-driver-partners" rel="noreferrer noopener">regional collaboration</a> to provide up to 50,000 electric vehicles for Grab's driver-partners throughout Southeast Asia, aiming to boost the presence of eco-friendly transportation options for its customers.
BYD announced a major <a target="_blank" href="https://www.benzinga.com/markets/asia/25/03/44100134/tesla-rival-byd-raises-5-64-billion-through-share-placement-wants-to-use-funds-for-global-domination" rel="noreferrer noopener">capital raise in March to support</a> its global growth and research efforts by entering into an agreement to issue 129.8 million new H shares at HK$335.2 ($43.58) each.
The offering, which accounts for about 4.46% of the company's total shares, is expected to bring in approximately HK$43.38 billion ($5.64 billion) in net proceeds.
The company has led global new energy vehicle sales for three straight years and launched several brands BYD, Fangchengbao, Denza, and Yangwang, to serve a range of segments from mainstream to high-end markets.
In order to strengthen its position against rival Tesla Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>), BYD unveiled a <a target="_blank" href="https://www.benzinga.com/markets/equities/25/03/44369228/byd-unveils-5-minute-ev-charging-breakthrough-strengthening-edge-over-tesla-stock-spikes-4" rel="noreferrer noopener">charging system capable </a>of fully powering an EV as quickly as refueling a gas vehicle, addressing a major hurdle to broader EV adoption.
China topped worldwide <a target="_blank" href="https://www.benzinga.com/news/global/25/04/44820082/global-electric-vehicle-sales-jump-in-march-what-country-leads-in-sales" rel="noreferrer noopener">electric vehicle sales in the first quarter</a> of 2025, with 2.4 million units sold, a 36% increase from the same period in 2024. Close to one million of those sales occurred in March, approaching the record set in August 2024.
Price Action: BYDDY shares traded lower by 0.71% at $91.22 at the last check on Monday.
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Tesla Rival BYD Targets Japan's Minicar Market With For New Affordable EV

Chinese battery manufacturer CATL (Contemporary Amperex Technology Co. Limited) has launched the second-generation ‘Shenxing' fast-charging battery.
What Happened: The company announced the second-generation battery at an event in Shanghai, reported Reuters on Monday. Shenxing batteries would power over 67 new EVs this year, CATL's Chief Technology Officer, Gao Huan, said.
The new battery would enable a range of 520 km or approximately 323 miles on a 5-minute charge. The battery can also be charged from 0% to 80% in 15 minutes in cold weather.
The report also shares that, besides the new battery, CATL also unveiled a new brand called Naxtra for the company's Sodium-ion batteries. Sodium-ion batteries could help reduce the risk of a fire in EVs, some experts suggest.
Why It Matters: Last year, CATL, whose customers also include the likes of Volkswagen AG (OTC:<a class="ticker" href="https://www.benzinga.com/stock/VLKAF#OTC">VLKAF</a>) and Ford Motor Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/F#NYSE">F</a>), was seeking over <a href="https://www.benzinga.com/news/24/07/39745306/tesla-supplier-catl-seeks-1-5b-funding-to-expand-global-ev-battery-supply-chain">$1.5 billion in funding</a> to bolster its EV battery supply chain.&nbsp;
Elsewhere, fast-charging tech throughout the globe is experiencing rapid development. Recently, leading Chinese automaker BYD Co., Ltd. (OTC:<a class="ticker" href="https://www.benzinga.com/stock/BYDDF#OTC">BYDDF</a>) (OTC:<a class="ticker" href="https://www.benzinga.com/stock/BYDD#OTC">BYDD</a>) <a href="https://www.benzinga.com/trading-ideas/movers/25/04/44630091/teslas-ev-crown-at-risk-as-byd-closes-in-with-breakthrough-charging-tech">unveiled its fast-charging technology</a>, which could provide approximately 250 miles of range through a 5-minute charge.
In contrast, Tesla Inc.'s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) <a href="https://www.benzinga.com/analyst-ratings/analyst-color/25/03/44245123/teslas-charging-empire-faces-headwinds-as-ev-market-stumbles">superchargers provide 170 miles</a> of range on a 10-minute charge, significantly lower than BYD's tech.
Check out more of Benzinga's Future Of Mobility coverage by <a href="https://www.benzinga.com/topic/mobility">following this link</a>
Read Next:&nbsp;
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<li><a href="https://www.benzinga.com/tech/25/04/44892799/teslas-india-play-deepens-as-elon-musks-ev-giant-explores-alternate-semiconductor-supply-chains-amid-us-china-trade-war">Tesla&#8217;s India Play Deepens As Elon Musk&#8217;s EV Giant Explores Alternate Semiconductor Supply Chains Amid US-China Trade War</a></li>
</ul>
Image Via Shutterstock

BYDD

VLKAF

Tesla Battery Supplier CATL Unveils New Fast-Charging Battery With 323-Mile Range In Five Minutes

<a href="https://asia.nikkei.com/Business/Automobiles/Electric-vehicles/BYD-to-enter-Japan-s-mini-EV-segment-in-2026" title="https://asia.nikkei.com/Business/Automobiles/Electric-vehicles/BYD-to-enter-Japan-s-mini-EV-segment-in-2026">https://asia.nikkei.com/Business/Automobiles/Electric-vehicles/BYD-to-enter-Japan-s-mini-EV-segment-in-2026</a>

Nikkei Reported China's BYD Plans To Enter Japan's Mini-EV Market In 2026 With $17.7K Electric Minicar

On Friday, China&#8217;s finance ministry announced a 34%&nbsp;tariff on all goods imported&nbsp;from the U.S., effective April 10, in response to the U.S. administration&#8217;s 54% duties imposed by the Trump-led administration during the so-called <a target="_blank" href="https://www.benzinga.com/topic/tariffs" rel="noreferrer noopener">Liberation Day last week</a>.
Trump has&nbsp;threatened to impose an additional 50% duty&nbsp;on Chinese imports if Beijing does not <a target="_blank" href="https://www.benzinga.com/news/global/25/04/44679330/will-trump-impose-higher-tariffs-on-china-crypto-bettors-now-see-an-80-possibility" rel="noreferrer noopener">drop the 34% tariffs</a>.
On Monday, Trump hinted at more openness in trade negotiations with China after threatening to impose a 50% tariff on top of the 54% already levied.
&#8220;China also wants to make a deal badly, but they don&#8217;t know how to get it started,&#8221; <a target="_blank" href="https://www.benzinga.com/economics/macro-economic-events/25/04/44686417/wall-street-soars-as-trump-teases-trade-deals-magnificent-seven-add-over-500-billion-in-market-value" rel="noreferrer noopener">Trump wrote</a>.
Wedbush analyst Daniel Ives writes that &#8220;saying we can just make this in the USA&#8221; understates how complex the supply chain in Asia really is—and how electronics, chips, semiconductors, hardware, and smartphones have been built for U.S. consumers over the past 30 years.&#8221;
Also Read: <a target="_blank" href="https://www.benzinga.com/economics/macro-economic-events/25/04/44686417/wall-street-soars-as-trump-teases-trade-deals-magnificent-seven-add-over-500-billion-in-market-value" rel="noreferrer noopener">Wall Street Soars As Trump Teases Trade Deals, Magnificent 7 Add Over $500 Billion In Market Value</a>
&#8220;The reason I believe this is the biggest debacle ever seen in the markets is because its purely self-inflicted by Trump, and the logic about &#8220;near-term pain&#8221; is being way miscalculated, which speaks to our concern. It&#8217;s very easy to say &#8220;build in America&#8221; behind a microphone in the Beltway&#8230;the reality is so much different it&#8217;s almost a scary concept,&#8221; says Daniel Ives.
For U.S. tech/auto companies, tariffs are like flipping a boat with no life rafts.
The list of vulnerable companies is long and includes Apple Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>), Nvidia Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), Microsoft Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>), General Motors Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GM#NYSE">GM</a>), and Advanced Micro Devices, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>), among others.
Building a factory in the U.S. takes four to five years. The analyst explains that high labor costs and other expenses in the U.S. don&#8217;t align with how modern supply chains are designed to operate. This makes it hard to compete with Chinese tech giants like BYD Co Ltd (OTC:<a class="ticker" href="https://www.benzinga.com/stock/BYDDF#OTC">BYDDF</a>) (OTC:<a class="ticker" href="https://www.benzinga.com/stock/BYDDY#OTC">BYDDY</a>), Huawei, Alibaba Group Holding Limited (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BABA#NYSE">BABA</a>), Tencent Holdings Ltd (OTC:<a class="ticker" href="https://www.benzinga.com/stock/TCEHY#OTC">TCEHY</a>) (OTC:<a class="ticker" href="https://www.benzinga.com/stock/TCTZF#OTC">TCTZF</a>)—and many others—a big opportunity to expand their global reach.
Also, much of the key technology and intellectual property behind these supply chains is already deeply rooted in Asia. So, any effort to shift production to the U.S. would take at least a decade to make a real impact, Wedbush analyst writes.
Read Next:
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<li><a href="https://www.benzinga.com/markets/cryptocurrency/25/04/44696126/trump-administration-shuts-down-the-department-of-justices-crypto-crime-unit" target="_blank" rel="noreferrer noopener">Trump Administration Shuts Down The Department Of Justice&#8217;s Crypto Crime Unit</a></li>
</ul>
 Image: Shutterstock

Analyst Color

Analyst Ratings

MSFT

TCTZF

Trump Tariff Strategy Creates 'Self-Inflicted Market Debacle': Analyst

Wedbush Securities analyst Dan Ives has lowered his Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) price target to $315 from $550 while maintaining an &#8220;outperform&#8221; rating, citing growing concerns about the electric vehicle maker&#8217;s brand perception and softening demand.
What Happened: &#8220;Our long-standing bull view of Tesla remains, but there is no denying this is a pivotal moment of truth for Musk to turn things around&#8230;or darker days are ahead,&#8221; Ives stated in a recent note shared by Tesla investor Sawyer Merritt on X.
The reduced outlook comes as Tesla faces multiple challenges. The company reported a 13% decrease in first-quarter deliveries, marking its lowest performance in nearly three years, despite introducing a refreshed Model Y in China in February.
Gene Munster of Deepwater Asset Management linked Tesla&#8217;s struggles to recent brand damage and predicted 2025 <a href="https://www.benzinga.com/25/04/44646680/tesla-to-face-steeper-sales-dip-in-2025-amid-growing-backlash-against-elon-musk-report">deliveries could drop 9% from the 1.79 million vehicles</a> delivered last year. Deutsche Bank analysts similarly forecast a 5% sales decline.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">NEWS: Wedbush analyst <a href="https://twitter.com/DivesTech?ref_src=twsrc%5Etfw">@DivesTech</a> has lowered his <a href="https://twitter.com/search?q=%24TSLA&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$TSLA</a> price target to $315 (from $550). Dan: "Our long standing bull view of Tesla remains, but there is no denying this is a pivotal moment of truth for Musk to turn things around&#8230;or darker days are ahead. We have been one of…
&mdash; Sawyer Merritt (@SawyerMerritt) <a href="https://twitter.com/SawyerMerritt/status/1908926942151373034?ref_src=twsrc%5Etfw">April 6, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
The analyst also cut his Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) price target by 23% to $250 from $325, with a bear case of $160 and a bull case of $325 that assumes tariff removal or exemption.
&#8220;The tariff economic Armageddon unleashed by Trump is a complete disaster for Apple given its massive China production exposure,&#8221; Ives said, according <a href="https://www.investors.com/news/tesla-stock-price-target-slashed-43-trump-tariffs-apple-pt-sliced-23/">to</a> Investor&#8217;s Business Daily. &#8220;In our view, no U.S. tech company is more negatively impacted by these tariffs than Apple with 90% of iPhones produced and assembled in China.&#8221;
See Also: <a href="https://www.benzinga.com/markets/equities/25/04/44659686/stock-futures-tank-dow-sheds-over-1000-points-as-white-house-remains-firm-on-tariffs-trump-says-sometimes-you-have-to-take-medicine">Stock Futures Tank, Dow Sheds Over 1000 Points As White House Remains Firm On Tariffs: Trump Says, &#8216;Sometimes You Have To Take Medicine&#8217;</a>
Why It Matters: These challenges coincide with <a href="https://www.benzinga.com/markets/25/04/44657033/elon-musk-loses-11-billion-as-tesla-stock-plummets-in-wake-of-new-trump-tariffs">broader market turmoil</a>. Tesla&#8217;s stock plunged 10.42% on Friday following President Donald Trump&#8216;s announcement of new tariffs, including a 10% charge on all imported goods and 25% on foreign automobiles. The selloff wiped approximately $11 billion from CEO Elon Musk&#8216;s net worth.
Ives, historically one of Tesla&#8217;s strongest supporters, emphasized that Tesla&#8217;s brand is &#8220;suffering by the day as a political symbol&#8221; – likely referencing Musk&#8217;s controversial political involvement that has sparked consumer backlash.
While acknowledging the difficult road ahead, Ives expressed confidence in Musk&#8217;s ability to navigate the crisis: &#8220;Musk has been with his back against the wall many times and every time Tesla came out of it and was stronger on the other side&#8230;this may be one of his biggest challenges yet to turn around.&#8221;
Tesla faces additional headwinds from intensifying competition, particularly from Chinese manufacturers like BYD Co. Ltd. (OTC:<a class="ticker" href="https://www.benzinga.com/stock/BYDDF#OTC">BYDDF</a>), and declining market share in Europe.
Read Next: 
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<li><a href="https://www.benzinga.com/tech/25/04/44658417/warren-buffett-stands-tall-in-2025-as-elon-musk-jeff-bezos-and-mark-zuckerberg-bleed-billions-in-net-worth-oracle-of-omaha-emerges-as-lone-gainer-among-top-billionaires-amid-market-rout">Warren Buffett Stands Tall In 2025 As Elon Musk, Jeff Bezos And Mark Zuckerberg Bleed Billions In Net Worth: &#8216;Oracle Of Omaha&#8217; Emerges As Lone Gainer Among Top Billionaires Amid Market Rout</a></li>
</ul>
Image via Shutterstock
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Dan Ives Cuts Tesla Target To $315, Slashes Apple By 23% Amid Tariff Fallout, Warns Elon Musk-Led EV Maker Faces 'Darker Days' Ahead

Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) Investors and Market experts are preparing for a possible downturn in Tesla's sales this year, with concerns mounting over the brand's recent struggles.
What Happened: Tesla&#8217;s deliveries in the first three months of this year have seen a 13% decrease, marking the lowest in nearly three years. 
Gene Munster, managing partner at Deepwater Asset Management, links this decline to recent damage to the Tesla brand. He anticipates further decline in growth rates this quarter and predicts that 2025 deliveries will drop 9% from the 1.79 million reported last year, reported Reuters.
Even with the introduction of the refreshed Model Y&nbsp;in China in late February,&nbsp;Deutsche Bank analysts predict&nbsp;a 5% sales drop this&nbsp;year. This prediction is based on a staggered rollout of Tesla&#8217;s anticipated cheaper car.
SEE ALSO&nbsp;<a href="https://benzinga.com/news/25/04/44630762/mark-cuban-says-black-women-entrepreneurs-should-stop-looking-for-funding-heres-the-surprising-reason-why" target="_blank" rel="noreferrer noopener">Mark Cuban Says Black Women Entrepreneurs Should &#8216;Stop Looking For Funding&#8217;—Here&#8217;s The Surprising Reason Why</a>
Meanwhile, Barclays analysts have also expressed concerns about Tesla&#8217;s future growth, stating that the first-quarter delivery number &#8220;sets&nbsp;a challenging path for even&nbsp;flat year-on-year volume&nbsp;in 2025.&#8221; Musk did not reaffirm his previous promise of 20% to 30% volume growth in 2025 during his January update.
Tesla cited the retooling of production lines for the refreshed Model Y at all its factories as the reason for losing several weeks of production in the first quarter. 
Why It Matters: This development follows a warning from Gene Munster earlier this month, who anticipated disappointing delivery numbers for Tesla in the first quarter. Munster also stated, &#8220;The March number is likely going to be ugly. The June will likely be worse. Then things begin to slowly improve.&#8221; <a href="https://www.benzinga.com/markets/equities/25/04/44599196/gene-munster-warns-teslas-q1-deliveries-will-be-ugly-expects-june-to-be-worse-before-gradual-recovery">This prediction</a> signals a stark reversal for Tesla, a company that once projected 20-30% growth.
This downturn in Tesla is also largely attributed to public outcry against CEO Elon Musk&#8216;s political engagements. While reports circulated that Musk is ready for an early exit from the Trump team, both White House and the Tesla CEO have <a href="https://www.benzinga.com/markets/25/04/44623803/elon-musk-white-house-deny-reports-of-tesla-ceos-early-exit-from-trump-team">dismissed the reports </a>as &#8216;Fake&#8217;. 
Wedbush analyst Dan Ives cautioned, Musk&#8217;s role at DOGE &#8220;is not sustainable and the longer Musk stays at DOGE this adds more risk to the Tesla story and could face permanent brand damage.&#8221;
Besides politics, Tesla&#8217;s outdated models have been constantly criticized by buyers. The EV maker is struggling as rivals like BYD (OTC:<a class="ticker" href="https://www.benzinga.com/stock/BYDDF#OTC">BYDDF</a>) introduce competitive EVs, especially in China, where competition is fierce. The company is also losing market share in Europe.
Tesla stock lost more than 4% in Friday&#8217;s pre-market trading. The shares plunged nearly 30% year to date.
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Image via Shutterstock
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Tesla Investors On Edge As Elon Musk Backlash Threatens 2025 Sales Outlook

Chinese automaker BYD Co., Ltd. (OTC:<a class="ticker" href="https://www.benzinga.com/stock/BYDDY#OTC">BYDDY</a>) (OTC:<a class="ticker" href="https://www.benzinga.com/stock/BYDDF#OTC">BYDDF</a>) is reportedly on track to surpass Tesla and become the world&#8217;s top battery electric vehicle brand in 2025, capturing an <a href="https://www.benzinga.com/25/04/44610548/trumps-auto-tariffs-could-crush-demand-blow-26-billion-hole-in-industry-profits" target="_blank" rel="noreferrer noopener">impressive 15.7% global market share.</a>
According to Counterpoint Research&#8217;s latest Global Passenger EV <a href="https://www.counterpointresearch.com/insight/byd-to-surpass-tesla-as-global-bev-leader-in-2025-for-first-time/" target="_blank" rel="noreferrer noopener">Forecast</a> released Wednesday, BYD&#8217;s aggressive growth strategy, fueled by its technological innovations and vertically integrated production model, positions it as a strong contender in the electric vehicle market.
One of BYD&#8217;s most significant advancements is the introduction of its ultra-fast charging system, which sets a new industry benchmark.
Key features of the system include a 1,000V electrical architecture for efficient energy transfer, 10C charging rate batteries that provide up to 400 km of range in just 5 minutes, and silicon carbide power chips for enhanced efficiency and heat resistance.
Also Read: <a target="_blank" href="https://www.benzinga.com/markets/equities/25/04/44621297/tesla-brand-wont-suffer-from-elon-musks-antics-says-analyst-despite-delivery-miss-8-stock-drop-in-after-hours-trading" rel="noreferrer noopener">Tesla Brand Won&#8217;t Suffer From Elon Musk&#8217;s &#8216;Antics,&#8217; Says Analyst Despite Delivery Miss, 8% Stock Drop In After-Hours Trading</a>
The company&#8217;s Blade Battery technology, known for its safety and durability, further optimizes the system for rapid charging, positioning BYD ahead of Tesla&#8217;s Supercharger, which delivers only 275 km in 10 minutes, according to Counterpoint Research.
Tesla, however,<a target="_blank" href="https://www.benzinga.com/trading-ideas/movers/25/04/44611347/is-elon-musk-leaving-doge-role-trump-tells-cabinet-move-could-happen-soon-report" rel="noreferrer noopener"> is facing several challenges.</a>
The report says these include reputational issues due to CEO Elon Musk&#8216;s controversial political stances, softening sales in key markets, and escalating geopolitical risks, particularly U.S.-China trade tensions.
The electric vehicle company produced 362,615 vehicles (including 345,454 Model 3/Y)in the first quarter, down from <a href="https://www.benzinga.com/markets/equities/24/04/38047077/tesla-stock-dives-as-q1-deliveries-disappoint-but-ev-giant-reclaims-top-spot-from-chinese-rival" target="_blank" rel="noreferrer noopener">433,371 a year ago</a>.
t delivered 336,681 vehicles (323,800 Model 3/Y) in Q1, down from 386,810 vehicles a year ago.
Wedbush analyst Daniel Ives <a href="https://www.benzinga.com/analyst-ratings/price-target/25/03/44519930/tesla-turmoil-analyst-pins-hope-new-era-robotics-fsd">projected first-quarter revenue</a> of $24.05 billion and EPS of 56 cents. He expects the first quarter to be the "low point."
With these headwinds, Tesla&#8217;s growth could slow down through 2025.
BYD&#8217;s vertically integrated supply chain, which controls components like batteries and motors, gives the company a competitive pricing edge and operational efficiency.
If the fast-charging system delivers as promised, 2025 could be a defining year for BYD, cementing its place as a global BEV leader.
Price Action: TSLA shares are trading lower by 5.71% to $266.98 premarket at last check Thursday.
Read Next:
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</ul>
Photo by Philip Lange on Shutterstock.

Movers

Tesla's EV Crown At Risk As BYD Closes In With Breakthrough Charging Tech

Tesla Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) announced the details of its <a target="_blank" href="https://www.benzinga.com/pressreleases/25/04/b44606521/tesla-first-quarter-2025-production-deliveries-deployments" rel="noreferrer noopener">first-quarter production</a>, deliveries, and deployment on Wednesday. The stock fell after the disclosure.
The electric vehicle company produced 362,615 vehicles (including 345,454 Model 3/Y), down from <a target="_blank" href="https://www.benzinga.com/markets/equities/24/04/38047077/tesla-stock-dives-as-q1-deliveries-disappoint-but-ev-giant-reclaims-top-spot-from-chinese-rival" rel="noreferrer noopener">433,371 a year ago</a>.
It delivered 336,681 vehicles (323,800 Model 3/Y), down from 386,810 vehicles a year ago.
Also Read: <a target="_blank" href="https://www.benzinga.com/government/regulations/25/03/44330619/tesla-bets-on-low-cost-evs-in-china-after-february-sales-hit-two-year-low" rel="noreferrer noopener">Tesla Bets On Low-Cost EVs in China After February Sales Hit Two-Year Low</a>
The company said that while the changeover of Model Y lines across all four of its factories led to the loss of several weeks of production in the first quarter, the ramp of the New Model Y continues to go well.
Tesla also deployed 10.4 GWh of energy storage products.
Tesla stock has plunged 32% year-to-date. The company&#8217;s U.S. registrations dropped 11% in January, while rivals like Ford Motor Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/F#NYSE">F</a>) and Volkswagen (OTC:<a class="ticker" href="https://www.benzinga.com/stock/VWAGY#OTC">VWAGY</a>) saw a 44% surge.
Tesla&#8217;s EU registrations <a target="_blank" href="https://www.benzinga.com/25/03/44283118/tesla-loses-ground-in-us-ev-market-while-rivals-accelerate-ahead-in-january-report" rel="noreferrer noopener">halved in January</a> as brand sentiment and political backlash weigh on growth. Meanwhile, Musk&nbsp;announced that&nbsp;Tesla&nbsp;would double its vehicle production in the U.S. within two years.
Additionally, President Donald Trump transformed the White House to showcase Tesla vehicles in solidarity with&nbsp;his senior advisor and de facto head of the Department of Government Efficiency (DOGE), Musk and his company. Trump also&nbsp;purchased a Tesla Model S Plaid.
Musk has acknowledged the challenges of running his business while working with DOGE amid a massive decline in Tesla&#8217;s stock price.&nbsp;
Wedbush&nbsp;analyst Daniel Ives projected <a target="_blank" href="https://www.benzinga.com/analyst-ratings/price-target/25/03/44519930/tesla-turmoil-analyst-pins-hope-new-era-robotics-fsd" rel="noreferrer noopener">first-quarter deliveries</a> in the 355,000-360,000 range. That&#8217;s down ~7%, courtesy of demand softness in Europe, the U.S., and China.
Ives estimated that 30% of the very soft first-quarter delivery number is related to Tesla chief Elon Musk, the brand, and DOGE. About 70% is more timing and non-brand headwind issues.
Ives projected first-quarter revenue of $24.05 billion and EPS of 56 cents. He expects the first quarter to be the &#8220;low point.&#8221;
Tesla&#8217;s full self-driving technology, affordable vehicle launch, more Model 3/Y refreshes, and autonomous and robotics/Optimus technology improvements &#8220;set the stage for a new era of growth,&#8221; according to the analyst.
Price Action: TSLA stock is down 1.20% at $265.23 at the last check on Wednesday.
Read Next:
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<li><a href="https://www.benzinga.com/trading-ideas/movers/25/04/44582215/chinas-xpeng-clocks-record-q1-ev-sales-deliveries-surge-3-6x" target="_blank" rel="noreferrer noopener">China&#8217;s XPeng Clocks Record Q1 EV Sales, Deliveries Surge 3.6X</a></li>
</ul>
Image via Shutterstock

VWAGY

XPEV

Tesla's Deliveries Slide In Q1 Amid Production Setbacks, Political Backlash

Tesla Inc.&#8217;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) sales in key European markets continued their downward trend in March, extending losses for a third consecutive month in multiple countries as the electric vehicle maker faces mounting challenges from <a href="https://www.benzinga.com/markets/equities/25/04/44599196/gene-munster-warns-teslas-q1-deliveries-will-be-ugly-expects-june-to-be-worse-before-gradual-recovery">Chinese competition and backlash</a> against CEO Elon Musk&#8216;s political activities.
What Happened: New Tesla registrations in France dropped 36.8%, Sweden fell 63.9%, and Norway slipped 1% compared to March 2024, according to official data. 
Denmark and the Netherlands saw even steeper declines of 65.6% and 61%, respectively, reported Reuters. First-quarter sales were down across all these markets, with quarterly declines ranging from 12.5% in Norway to 55.3% in both Sweden and Denmark.
Musk&#8217;s increasingly visible political activities, including support for far-right parties in Europe and his close alliance with U.S. President Donald Trump, appear to be alienating potential customers. 
This political stance has made Tesla vehicles and showrooms targets for vandalism, with <a href="https://in.benzinga.com/markets/equities/25/03/44555726/chamath-palihapitiya-claims-tesla-attacks-part-of-organized-effort-against-elon-musks-doge-role">cars burned and dealerships spray-painted</a> in Rome, Berlin, and Stockholm in recent days.
&#8220;We&#8217;re all embarrassed,&#8221; said Luca Del Bo, president of Italy&#8217;s Tesla owners club. &#8220;We&#8217;d all be happy of course if Musk just went back to just being a CEO.&#8221;
See Also: <a href="https://www.benzinga.com/trading-ideas/movers/25/04/44599257/bitcoin-ethereum-dogecoin-edge-higher-as-market-braces-for-trumps-liberation-day-why-arthur-hayes-still-sees-btc-hitting-250000-by-year-end">Bitcoin, Ethereum, Dogecoin Edge Higher As Market Braces For Trump&#8217;s &#8216;Liberation Day:&#8217; Why Arthur Hayes Still Sees BTC Hitting $250,000 By Year-End</a>
Why It Matters: Analysts expect Tesla to announce disappointing first-quarter global deliveries on Wednesday. Deepwater Asset Management&#8216;s Gene Munster predicts <a href="https://in.benzinga.com/markets/equities/25/04/44599196/gene-munster-warns-teslas-q1-deliveries-will-be-ugly-expects-june-to-be-worse-before-gradual-recovery">approximately 355,000 deliveries</a>, down about 8% year-over-year and below the analyst consensus of 377,592. Prediction markets on Kalshi give just a 56% probability of Tesla exceeding 350,000 deliveries.
The company&#8217;s European market share has declined, with brands like BYD (OTC:<a class="ticker" href="https://www.benzinga.com/stock/BYDDY#OTC">BYDDY</a>) (OTC:<a class="ticker" href="https://www.benzinga.com/stock/BYDDF#OTC">BYDDF</a>) and other Chinese EV makers gaining ground.
Price Action: Tesla Inc. closed at $268.46 on Tuesday, gaining 3.59% for the day. In after-hours trading, the stock edged down 0.14% to $268.08. Year to date, Tesla has fallen 29.22%.
Tesla stock has outperformed rivals Nio Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NIO#NYSE">NIO</a>) and Lucid Group Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LCID#NASDAQ">LCID</a>) but trails Rivian Automotive Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RIVN#NASDAQ">RIVN</a>) in short- to long-term price trends, according to Benzinga Edge Stock Ranking. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">Sign up to learn more</a>.
Read Next: 
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<li><a href="https://www.benzinga.com/markets/25/04/44601019/as-uncle-sam-tightens-purse-strings-palantir-is-feeling-the-squeeze">Elon Musk&#8217;s DOGE, Tightening Purse Strings Spell Trouble For Palantir: Here&#8217;s Why The AI Darling Is Facing The Heat</a></li>
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Image via Shutterstock
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Tesla's European Sales Decline For 3rd Consecutive Month Amid China Competition, CEO Elon Musk's Political Controversies

Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) CEO Elon Musk doubled down on his longtime <a href="https://www.benzinga.com/25/01/43327837/tesla-ceo-elon-musk-dismises-lidar-again-says-if-humans-drive-without-shooting-lasers-from-their-eyes-so-can-autonomous-cars">skepticism of LiDAR technology</a> on Thursday following the videos of YouTubers testing his EV vehicles against a ‘Wile E. Coyote' fake wall challenge.
What Happened: Musk took to X, formerly Twitter, to repeat a key pillar of Tesla's self-driving vision: cameras and AI are all you need.
"People don't shoot lasers out of their eyes to drive," Musk wrote, sharing an old clip from Tesla's 2019 Autonomy Day. "Just try Tesla self-driving today, which just uses cameras and AI, and you will understand."
In the video, Musk called LiDAR a "fool's errand," saying, "Anyone relying on LiDAR is doomed. Doomed! Expensive sensors that are unnecessary… like having a whole bunch of expensive appendices."
See Also: <a href="https://www.benzinga.com/media/25/03/44508019/tesla-and-other-us-robotics-giants-demand-federal-strategy-to-compete-with-chinas-138-billion-push-warn-america-will-lose-the-race-without-it">Tesla And Other US Robotics Giants Demand Federal Strategy To Compete With China&#8217;s $138 Billion Push — Warn America Will Lose The Race Without It</a>
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">People don't shoot lasers out of their eyes to drive. Just try Tesla self-driving today, which just uses cameras and AI, and you will understand. <a href="https://t.co/uArUTLAhlF">https://t.co/uArUTLAhlF</a>
&mdash; Elon Musk (@elonmusk) <a href="https://twitter.com/elonmusk/status/1905296913567506951?ref_src=twsrc%5Etfw">March 27, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Unlike <a href="https://www.benzinga.com/news/24/11/41676465/tesla-can-make-cybercab-for-the-same-money-it-takes-waymo-to-install-lidar-sensors-on-its-robotaxi-s">competitors such as</a> Alphabet Inc.'s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) Waymo and General Motors Co.'s (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GM#NYSE">GM</a>) Cruise, Tesla has famously avoided using LiDAR, opting instead for a vision-based system.
However, in a twist, a 2024 earnings report from LiDAR manufacturer Luminar revealed that Tesla had quietly become its biggest customer. The EV giant accounted for over 10% of Luminar's first-quarter revenue, totaling more than $2 million.
Subscribe to the&nbsp;<a href="https://bztechtrends.beehiiv.com/subscribe" target="_blank" rel="noreferrer noopener">Benzinga Tech Trends newsletter</a>&nbsp;to get all the latest tech developments delivered to your inbox.
Why It's Important: Musk's latest statement on LiDAR came just weeks after a YouTube video by Mark Rober, known for his science and engineering experiments, surfaced.
The video tested Tesla's camera-only Autopilot/FSD system against a LiDAR-based setup powered by Luminar's technology.
The results indicated that the LiDAR system outperformed the camera-based approach, mainly due to its superior performance in fog and rain, where visibility is reduced.
<figure class="wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio"> 
<div class="wp-block-embed__wrapper">
<iframe loading="lazy" title="Can You Fool A Self Driving Car?" width="500" height="281" src="https://www.youtube.com/embed/IQJL3htsDyQ?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe>
</div>
</figure>
In response to Rober&#8217;s Tesla fake wall test, creator Kyle Paul shared his video aiming to explore whether the company's Full Self-Driving (FSD) system can detect a Wile E. Coyote-style road obstruction in real-world conditions.
In Paul's experiment, the Model Y running FSD version 12.5.4.2 performed no better than in Rober's test—requiring manual intervention to avoid crashing into the fake wall, which appeared less convincing to the human eye. However, Tesla saw a glimmer of success with the Cybertruck, running FSD version 13.2.8, which successfully detected the obstruction and slowed down, ultimately coming to complete stop.
<figure class="wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio"> 
<div class="wp-block-embed__wrapper">
<iframe loading="lazy" title="Re: Can You Fool A Self Driving Car?" width="500" height="281" src="https://www.youtube.com/embed/9KyIWpAevNs?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe>
</div>
</figure>
Meanwhile, China has also made significant progress in lidar innovation. According to Tokyo-based Patent Result, Chinese companies have filed over 25,000 lidar-related patent applications since 2000—far more than the 18,000 from American firms or the 13,000 from Japanese companies, <a href="https://asia.nikkei.com/Business/Automobiles/China-extends-lead-in-lidar-tech-crucial-to-self-driving-cars">reported</a> Nikkei Asia in 2024.
Chinese firms like Hesai Technology and RoboSense now dominate the global lidar market. Hesai, which supplies companies like GM Cruise and Baidu Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BIDU#NASDAQ">BIDU</a>), held a 47% market share in 2022.
Last month, it was reported that Hesai Technology Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HSAI#NASDAQ">HSAI</a>) enhanced <a href="https://in.benzinga.com/news/25/02/43629182/hesais-lidar-takes-bigger-role-byds-gods-eye-advanced-driver-assistance">collaboration with Chinese EV</a> giant BYD Co. Ltd. (OTC:<a class="ticker" href="https://www.benzinga.com/stock/BYDDY#OTC">BYDDY</a>) (OTC:<a class="ticker" href="https://www.benzinga.com/stock/BYDDF#OTC">BYDDF</a>).
Under the agreement, Hesai will supply LiDAR sensors for over 10 of BYD's upcoming models, which are set for mass production in 2025.
Previously, it was reported that <a href="https://www.benzinga.com/25/01/43327837/tesla-ceo-elon-musk-dismises-lidar-again-says-if-humans-drive-without-shooting-lasers-from-their-eyes-so-can-autonomous-cars">Tesla&#8217;s sales in China dropped</a> to 30,688 units in February 2025, marking the lowest monthly figure since July 2022.
Price Action: Tesla shares rose 0.39% on Thursday, closing at $273.13, before dipping 0.12% to $272.80 in after-hours trading. Year-to-date, the stock has fallen 27.99%, according to <a href="http://pro.benzinga.com/">Benzinga Pro data</a>.
Benzinga's Edge Rankings give Tesla (TSLA) a 68.11% growth rating. Want to see how it compares to other companies?<a href="https://www.benzinga.com/quote/TSLA"> Click here for the full breakdown</a>.
Image via Shutterstock
Check out more of Benzinga&#8217;s Future Of Mobility coverage by&nbsp;<a href="https://www.benzinga.com/topic/mobility" target="_blank" rel="noreferrer noopener">following this link.</a>
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<li><a href="https://www.benzinga.com/markets/25/01/43373775/tim-cook-praises-chinas-deepseek-for-driving-efficiency-stresses-apples-prudent-and-deliberate-approach-toward-capital-expenditure" target="_blank" rel="noreferrer noopener">Tim Cook Praises China's DeepSeek For Driving Efficiency, Stresses Apple's ‘Prudent And Deliberate' Approach Toward Capital Expenditure</a></li>
</ul>
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

BIDU

GOOGL

HSAI

Elon Musk Says Tesla Doesn't Need Lidar Because 'People Don't Shoot Lasers Out Of Their Eyes' After YouTubers Put His Cars Through Wylie E. Coyote Tests

Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) stock is roaring back after a steep decline, surging over 10% on Monday morning as buyers stepped in following <a href="https://www.benzinga.com/quote/TSLA/news">a recent pullback</a>. 
The stock had been under heavy selling pressure, but renewed enthusiasm around its <a href="https://www.benzinga.com/25/02/43932533/tesla-starts-rolling-out-fsd-features-in-china">Full Self-Driving (FSD) rollout in China</a>, easing tariff concerns, and technical support levels appear to be fueling the rebound.
<figure class="wp-block-image size-full"><a href="https://www.benzinga.com/pro/?utm_source=BZprocontent&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="618" height="487" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/24103818/Screenshot-2025-03-24-at-8.05.39-PM.png" alt="" class="wp-image-838686" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/24103818/Screenshot-2025-03-24-at-8.05.39-PM.png 618w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/24103818/Screenshot-2025-03-24-at-8.05.39-PM-300x236.png 300w" sizes="(max-width: 618px) 100vw, 618px" /></a></figure>
<a href="https://www.benzinga.com/pro/?utm_source=BZprocontent&amp;t=be2bearmibe3na1" target="_blank" rel="noreferrer noopener">Chart created using Benzinga Pro</a>
<h2 class="wp-block-heading">TSLA Stock: Buyers Step In, But Challenges Remain</h2>
Despite Monday's 10% pop, Tesla's stock is down 28% year to date and 17% over the past month. The bearish setup is undeniable:
<ul>
<li>Tesla stock trades below its five-day, 20-day and 50-day exponential moving averages.</li>
<li>The eight-day simple moving average (SMA) of $243.48 and 20-day SMA of $258.95, signal some bullish momentum, with the current price at $273.00.</li>
<li>However, Tesla's 50-day SMA ($332.89) and 200-day SMA ($284.66) all point to a bearish trend.</li>
<li>The Moving Average Convergence Divergence (MACD) indicator at a negative 24.83 reinforces the bearish sentiment.</li>
<li>The Relative Strength Index (RSI) has risen back at 48.01, suggesting Tesla stock seems to have dodged the oversold territory, for now at least.</li>
</ul>
Read Also: <a href="https://www.benzinga.com//node/44459470">US Business Activity Rebounds As Services Growth Outpaces Forecasts, Yet Cost Pressures Intensify</a>
<h2 class="wp-block-heading">FSD In China &amp; Tariff Relief: Key Catalysts</h2>
Tesla's FSD rollout in China could provide a much-needed catalyst for further upside. While sales were expected, the big question is whether Chinese consumers will pay a premium for it, given that local rival BYD Co Ltd (OTCPK:BYDDF) offers driver-assist tech for free. If FSD adoption gains momentum, it could significantly boost Tesla's competitive position in the region.
Additionally, investors are cheering reports that former President Donald Trump is backing off some broad tariff threats made just weeks ago. The potential easing of trade tensions is seen as a positive for Tesla, which has significant exposure to China's electric vehicle market.
<h2 class="wp-block-heading">What's Next For TSLA?</h2>
Tesla's ability to sustain its rally will likely depend on whether buying pressure continues, and if fundamental catalysts such as the FSD launch and tariff relief can outweigh bearish technical signals. The upcoming first-quarter delivery report on April 2 will be another key moment for investors to watch.
With strong early trading momentum and buyers stepping in, Tesla's recovery is gaining traction. The next test? 
Whether this surge can break through key resistance levels and turn the tide for good.
Read Next: 
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<li><a href="https://www.benzinga.com//node/44458804">Elon Musk 10 Years Ago Called Autonomous Driving &#8216;A Solved Problem&#8217;—Said &#8216;We Will Be There In A Few Years&#8217;</a></li>
</ul>
Image created using artificial intelligence via Midjourney.

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