$ATM China's electric vehicle giant BYD has officially surpassed Elon Musk's Tesla in annual revenue for 2024, reporting 777 billion yuan ($107 billion)-a 29% increase from the previous year.$SOLV
$NXPC While Tesla posted $97.7 billion, BYD's growth was fueled by strong hybrid and EV sales, totaling 4.3 million vehicles globally, compared to Tesla's 1.79 million. The Shenzhen-based automaker also introduced lower-priced models and faster-charging battery tech, intensifying competition in the global EV market.