Abstract
Out of environmental protection and long-term development needs, new energy automobiles have gradually received public attention and preference in recent years. The new energy automobile industry is developing rapidly, and many new energy vehicle enterprises are actively exploring the industry market to further deepen the development of new energy vehicles. In the world, the more famous enterprise is Tesla. In China, there the more famous enterprise is BYD. The article selects BYD to study and provides suggestions for the development of domestic new energy automobile enterprises. The article analyzes BYD's performance in terms of earnings, operations, liabilities, and development, mainly through BYD's financial data and a side-by-side comparison between BYD and Tesla. Compared with Tesla, BYD has a large gap in profitability, but has a strong development capability, and has the potential to catch up or even surpass Tesla's position in future development.
Publisher
Darcy & Roy Press Co. Ltd.
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