Latest news with #BYD
Yahoo
an hour ago
- Automotive
- Yahoo
Is Tesla a Millionaire-Maker Stock?
Elon Musk is turning into a liability for Tesla. But the company would struggle without his hype and energy. The stock's valuation looks high, even in the best-case scenario. These 10 stocks could mint the next wave of millionaires › Tesla's (NASDAQ: TSLA) stock has already created plenty of millionaires. After all, its CEO, Elon Musk, is the world's richest man, due in large part to his 13% stake in the company. But past performance doesn't guarantee future success. It's unclear if Tesla still has what it takes to continue its bull run, especially as political pressure and electric vehicle (EV) industry weakness bite. Let's dig deeper to decide if Tesla's pivot to new opportunities, like robotics and self-driving technology, could help it overcome its weaknesses in its legacy automotive operations and its uncomfortably high valuation. Cars have been around for over 100 years, which means the industry is incredibly mature, leading to low margins and stiff competition. For a time, Tesla had been able to buck these dynamics through high levels of vertical integration, economies of scale, and innovations like giga casting, which replaced complex assembled parts with large single-piece structures. But over time, the company's economic moat has eroded. The main challenge has been competition from low-cost Chinese EV rivals like BYD and legacy automakers like Ford and General Motors, which have leveraged their massive production infrastructure and dealership networks to scale rapidly. However, Musk certainly hasn't made things easier through his foray into U.S. politics, with his outspoken support for President Donald Trump. Taking a strong political position on one side or the other will inevitably rub a large portion of potenital buyers the wrong way. Tesla's first-quarter earnings demonstrate its deteriorating brand appeal. Revenue dropped 9% year over year to $21.3 billion, driven by a 20% collapse in the automotive segment, which represents 82% of sales. The collapse was worst in Europe. Sales on the continent slumped by a stunning 37.2%. The good news is that Tesla's U.S. operations have held up much better -- for now. So far, many American consumers appear to be keeping their politics separate from their car-buying decisions. U.S. first-quarter sales were down by a relatively modest 9%, according to data from Cox Automotive. However, it's unclear how much longer Tesla's honeymoon period will last. Musk has had public disagreements with Trump over his Big Beautiful Bill legislation, which is currently being debated in Congress. The bigger threat could come from Trump's legislation, which could strip away the $7,500 tax credit for EV purchases. The loss of government support could undermine Tesla's U.S. business, just as it is facing international weakness and higher costs from tariffs. CNN also reports that under the current language, support may remain for smaller EV companies like Rivian and Lucid, allowing them to maintain lower prices and eat away at Tesla's market share. With a price-to-earnings (P/E) ratio of 186, Tesla stock is abnormally expensive for a business with declining sales and profitability. The valuation seems to price in the expectation of dramatic operational growth from its self-driving and robotics ambitions. There is some reason to be excited. Analysts at McKinsey & Company believe autonomous driving could generate $300 billion to $400 billion in revenue by 2035. Tesla seems to be an early leader in the opportunity, with plans to launch automated taxis in Austin, Texas this month. The company's focus on low-cost cameras and "computer vision" could give it an edge over rivals like Waymo (a subsidiary of Alphabet), which relies on pricey LiDAR and must source its vehicles from expensive third-party suppliers, adding cost and complexity to its operations. But while Tesla definitely has the potential to make more millionaires, success is already priced into its valuation. So, the downside risk seems to outweigh the upside right now -- especially considering the immense political uncertainty Musk has brought upon the company. Ever feel like you missed the boat in buying the most successful stocks? Then you'll want to hear this. On rare occasions, our expert team of analysts issues a 'Double Down' stock recommendation for companies that they think are about to pop. If you're worried you've already missed your chance to invest, now is the best time to buy before it's too late. And the numbers speak for themselves: Nvidia: if you invested $1,000 when we doubled down in 2009, you'd have $377,293!* Apple: if you invested $1,000 when we doubled down in 2008, you'd have $37,319!* Netflix: if you invested $1,000 when we doubled down in 2004, you'd have $659,171!* Right now, we're issuing 'Double Down' alerts for three incredible companies, available when you join , and there may not be another chance like this anytime soon.*Stock Advisor returns as of June 9, 2025 Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool's board of directors. Will Ebiefung has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Alphabet and Tesla. The Motley Fool recommends BYD Company. The Motley Fool has a disclosure policy. Is Tesla a Millionaire-Maker Stock? was originally published by The Motley Fool
Auto Car
an hour ago
- Automotive
- Auto Car
How BYD's Blade battery technology slices EV charging times
EV drivetrains and particularly batteries are developing at a remarkable pace compared with the combustion engine. As a result, range has increased but probably even more marked is the desire to bring charging times in line with ICE refuelling. BYD recently announced its Super e-Platform along with the latest 'flash-charge' version of its lithium-iron-phosphate (LFP) Blade battery, which is promised to get close to ICE refuelling times by recharging in six minutes. The new platform is claimed to support charging at up to 1000kW, which seems incredible given the typical rapid-charge rate was 50kW just a few years ago. The name Blade describes the unusual design of the battery, where long, slim cells almost a metre in length make up the pack, rather than modules packed full of smaller pouch, cylindrical or prism cells. In that sense it's unusual, but its LFP chemistry isn't. The advantage of LFP lies in being economical, cobalt- and nickel-free and, above all, safer. LFP battery chemistry is often used in stationary battery systems (including domestic solar systems) and releases heat slowly and doesn't release oxygen if damaged. BYD has demonstrated that its Blade battery cell passes the nail penetration test without emitting fire or smoke, whereas a cell based on alternative chemistry like NMC (lithium, nickel, manganese, cobalt oxide) subjected to the same test reacts violently. While the basic chemistry of the LFP battery isn't extraordinary, achieving a charge rate of 10C for the BYD flash-charge battery is. The 'C' rate is the rate at which a battery charges relative to its capacity and illustrates how quickly a battery can accept and discharge energy.
Globe and Mail
an hour ago
- Automotive
- Globe and Mail
Is Tesla a Millionaire-Maker Stock?
Tesla 's (NASDAQ: TSLA) stock has already created plenty of millionaires. After all, its CEO, Elon Musk, is the world's richest man, due in large part to his 13% stake in the company. But past performance doesn't guarantee future success. It's unclear if Tesla still has what it takes to continue its bull run, especially as political pressure and electric vehicle (EV) industry weakness bite. Let's dig deeper to decide if Tesla's pivot to new opportunities, like robotics and self-driving technology, could help it overcome its weaknesses in its legacy automotive operations and its uncomfortably high valuation. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Learn More » Tesla can't just be another automaker Cars have been around for over 100 years, which means the industry is incredibly mature, leading to low margins and stiff competition. For a time, Tesla had been able to buck these dynamics through high levels of vertical integration, economies of scale, and innovations like giga casting, which replaced complex assembled parts with large single-piece structures. But over time, the company's economic moat has eroded. The main challenge has been competition from low-cost Chinese EV rivals like BYD and legacy automakers like Ford and General Motors, which have leveraged their massive production infrastructure and dealership networks to scale rapidly. However, Musk certainly hasn't made things easier through his foray into U.S. politics, with his outspoken support for President Donald Trump. Taking a strong political position on one side or the other will inevitably rub a large portion of potenital buyers the wrong way. Tesla's first-quarter earnings demonstrate its deteriorating brand appeal. Revenue dropped 9% year over year to $21.3 billion, driven by a 20% collapse in the automotive segment, which represents 82% of sales. The collapse was worst in Europe. Sales on the continent slumped by a stunning 37.2%. The good news is that Tesla's U.S. operations have held up much better -- for now. Trump remains a wild card for Tesla So far, many American consumers appear to be keeping their politics separate from their car-buying decisions. U.S. first-quarter sales were down by a relatively modest 9%, according to data from Cox Automotive. However, it's unclear how much longer Tesla's honeymoon period will last. Musk has had public disagreements with Trump over his Big Beautiful Bill legislation, which is currently being debated in Congress. The bigger threat could come from Trump's legislation, which could strip away the $7,500 tax credit for EV purchases. The loss of government support could undermine Tesla's U.S. business, just as it is facing international weakness and higher costs from tariffs. CNN also reports that under the current language, support may remain for smaller EV companies like Rivian and Lucid, allowing them to maintain lower prices and eat away at Tesla's market share. Robotics and AI will make or break Tesla With a price-to-earnings (P/E) ratio of 186, Tesla stock is abnormally expensive for a business with declining sales and profitability. The valuation seems to price in the expectation of dramatic operational growth from its self-driving and robotics ambitions. There is some reason to be excited. Analysts at McKinsey & Company believe autonomous driving could generate $300 billion to $400 billion in revenue by 2035. Tesla seems to be an early leader in the opportunity, with plans to launch automated taxis in Austin, Texas this month. The company's focus on low-cost cameras and "computer vision" could give it an edge over rivals like Waymo (a subsidiary of Alphabet), which relies on pricey LiDAR and must source its vehicles from expensive third-party suppliers, adding cost and complexity to its operations. But while Tesla definitely has the potential to make more millionaires, success is already priced into its valuation. So, the downside risk seems to outweigh the upside right now -- especially considering the immense political uncertainty Musk has brought upon the company. Don't miss this second chance at a potentially lucrative opportunity Ever feel like you missed the boat in buying the most successful stocks? Then you'll want to hear this. On rare occasions, our expert team of analysts issues a 'Double Down' stock recommendation for companies that they think are about to pop. If you're worried you've already missed your chance to invest, now is the best time to buy before it's too late. And the numbers speak for themselves: Nvidia: if you invested $1,000 when we doubled down in 2009, you'd have $377,293!* Apple: if you invested $1,000 when we doubled down in 2008, you'd have $37,319!* Netflix: if you invested $1,000 when we doubled down in 2004, you'd have $659,171!* Right now, we're issuing 'Double Down' alerts for three incredible companies, available when you join Stock Advisor, and there may not be another chance like this anytime soon. See the 3 stocks » *Stock Advisor returns as of June 9, 2025 Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool's board of directors. Will Ebiefung has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Alphabet and Tesla. The Motley Fool recommends BYD Company. The Motley Fool has a disclosure policy.
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Business Standard
an hour ago
- Automotive
- Business Standard
Foreign automakers' market share in China projected to shrink further
Despite persistent competitive pressures, the nation's aggressive car price war is expected to evolve, rather than abate Bloomberg The picture for foreign automakers in China doesn't get any rosier with new research from consultant AlixPartners showing local brands' dominance will climb to as high as 76 per cent by 2030 as the market share of Japanese, European and US companies dwindles. And despite persistent competitive pressures, the nation's aggressive car price war is expected to evolve, rather than abate. Instead of overt price reductions, automakers will increasingly implement 'hidden' buyer sweeteners, the report said, like insurance subsidies, offering zero-interest financing or packing models with enhanced driver-assistance features at no extra cost. That has been the play book of late from market leader BYD Co., which in February announced that its so-called 'God's Eye' advanced driver assistance system would be standardized across 21 models, including budget vehicles. BYD has also led the latest round of discounting, in late May offering reductions of as much as 34 per cent on 22 of its electric and plug-in hybrid models. China's automotive industry, once reliant on foreign joint ventures, has undergone a rapid transformation driven in part by significant government support and investment in new energy vehicles. As local brands have grown, foreign automakers have been pushed sideways. In recent years, confronted with slowing domestic growth and persistent overcapacity issues, China's carmakers have prioritized global expansion. In Europe, Chinese automotive brands are now on track to capture a 10 per cent share of the market by 2030, adding an estimated 800,000 in unit sales that could fundamentally reshape the continent's car industry, AlixPartners said. In China meanwhile, battery electric cars are forecast to make up 50 per cent of the market by 2030 with combustion engine cars' share going from half currently to around 19 per cent, according to the report.
TAG 91.1
2 hours ago
- Automotive
- TAG 91.1
Dubai's RTA to get over 600 eco-friendly buses under AED 1.1 billion deal
Dubai's Roads and Transport Authority (RTA) has announced plans to add 637 eco-friendly buses to its fleet after signing an agreement worth AED 1.1 billion at the UITP Global Public Transport Summit. The buses will meet the European 'Euro 6' low-emission standards, highlighting the RTA's commitment to support Dubai's sustainability goals transition towards a 100 per cent electric and hydrogen-powered public bus fleet by 2050. Deliveries are scheduled for 2025 and 2026, and also includes 40 electric buses, marking the country's "largest and first-of-its-kind order". The authority also signed a Memorandum of Understanding (MoU) with Chinese electric vehicle manufacturer Build Your Dreams (BYD) to trial electric buses in the city. The e-buses will feature the latest battery systems and technologies developed by BYD.
