Thankfully I never saw a tesla in person, but I see a byd every day around here.
this post was submitted on 25 Apr 2026
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Interesting, because I heard recent reports of huge amounts of inventory and large upfront manufacturing costs painting a picture of a company with extremely large amounts of debt to service. Some likening it to the Evergrande property company.
I doubt it's on that scale, but I could easily believe BYD is another hyper accelerated company with shaky fundamentals.
The question is can they survive when their cars catch on fire at an alarming rate? https://www.yahoo.com/news/articles/hundreds-cars-burn-byd-fire-130025851.html
And they say batteries aren't to blame, because you know car seats, electric motors, and body panels are known for just randomly catching fire. It obviously wasn't the batteries /s
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Electric cars are a not the future. Public transit is.
Electric cars exist to bail out the automotive industry. They will become the albatross around Chinas neck as their population ages out of consumption.