BYD outsells Tesla in Europe
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Chinese EV giant BYD sold more electric models than Tesla in Europe for the first time in April, as consumer interest in Elon Musk's automaker collapsed.
China's largest automaker, BYD, sold more electric cars in Europe than Tesla for the first time, according to research from JATO Dynamics. CBS News' Ramy Inocencio has more.
Chinese automaker BYD has overtaken Elon Musk's Tesla in electric vehicle sales in Europe for the first time. According to a report, BYD sold more electric cars in Europe than Tesla. In April, BYD sold 7,
Tesla's stock took a dive into the red, amid worries that Trump's escalation of the trade war with the EU will further hurt the EV giant's sales in Europe. The stock was up more than 1% before Trump's threat of a 50% tariff on EU imports,