How BYD Outsold Tesla in Europe
(www.bbc.com)https://www.bbc.com/news/articles/c8jgrl1wde8o@sal_180 Here is why Teslas were outsold in Europe.
In an example of the cutthroat rivalry between carmakers, Chinese electric vehicle giant BYD announced at the weekend that it would cut the prices of more than 20 of its models.
The move brings the price of its cheapest car, the Seagull EV, to as low as 55,800 yuan ($7,745; £5,700).
In April, BYD outsold Elon Musk's Tesla in Europe for the first time, according to car industry research firm Jato Dynamics.
Tesla's cheapest car, the Model 3, is $41,000.