Chinese EV Stocks Tumble After BYD Slashes Prices as Much as 34%
Chinese EV Stocks Tumble After BYD Slashes Prices as Much as 34%
finance.yahoo.com
Chinese EV Stocks Tumble After BYD Slashes Prices as Much as 34%
Chinese EV Stocks Tumble After BYD Slashes Prices as Much as 34%
Chinese EV Stocks Tumble After BYD Slashes Prices as Much as 34%
Hmm. I know jack diddly about wall street.
So the reduced price represents at minimum a short term loss in profits.
But wouldn't this potentially mean longer term increase in profits due to more purchases? Idk...
Regardless, good on BYD. Cheaper EVs for the people, fuck the shareholders.