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Chinese Carmaker Overtakes Tesla as World’s Most Popular EV Maker (www.bloomberg.com)

submitted 10 months ago by L4s@lemmy.world to c/technology@lemmy.world

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Chinese Carmaker Overtakes Tesla as World’s Most Popular EV Maker::Elon Musk once scoffed at the notion that BYD could compete with his company. Now, the automaker run by billionaire Wang Chuanfu is poised to be the new No. 1 in electric vehicles.

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[-] bionicjoey@lemmy.ca -2 points 10 months ago

Regardless of value sentiment, I'd never consider investing in a Chinese stock. Too much risk that the CCP makes some big overnight change that torpedoes the price.

[-] maynarkh@feddit.nl 2 points 10 months ago

Not like that happens with US stocks.

[-] ademir 1 points 10 months ago

Is there history of this happening?

this post was submitted on 27 Dec 2023

286 points (94.4% liked)

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