This Shocking Company Just Passed Ford -- and Its Sales Could More Than Double
Key takeaways
- TSLA 002594.SZ F NVDA INTC When Tesla energized the entire electric vehicle (EV) industry, investors weren t sure whether another company could match its expansion rate.
- Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need.
- It seems like it was only yesterday that BYD switched to selling only electric vehicles (EVs), including plug-in hybrids, in 2022, and its rapid growth has been quite impressive.
TSLA 002594.SZ F NVDA INTC When Tesla energized the entire electric vehicle (EV) industry, investors weren t sure whether another company could match its expansion rate. It was commonplace for headlines and analysts to ask: Is (insert name of EV maker) the next Tesla? It turns out, there was indeed a similarly impressive EV maker out there growing rapidly: BYD (OTC: BYDDY). BYD has quickly climbed the leaderboard of the world s best-selling automakers, not just in EVs, and it believes it can more than double its sales.
Will AI create the world s first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue »
It seems like it was only yesterday that BYD switched to selling only electric vehicles (EVs), including plug-in hybrids, in 2022, and its rapid growth has been quite impressive. It overtook Tesla last year to become the top-selling global EV maker, but more impressive was that it also overtook Ford Motor Company (NYSE: F) in global automotive sales on its way to recording 4.6 million vehicles sold, good enough to become the sixth-largest automaker by that measure.