BYD stock prices plummet after significant price reductions while their electric vehicle sales outperform Tesla in Europe.

BYD’s stock price dropped after significant price reductions on multiple models, raising concerns about a potential price competition revival in China’s electric vehicle sector. Nevertheless, the Chinese car manufacturer is still forecasted to experience strong growth, especially in comparison to its global competitor, Tesla.

Source: https://www.euronews.com/business/2025/05/27/byd-stocks-plunge-following-deep-price-cuts-as-ev-sales-surpass-tesla-in-europe