this post was submitted on 13 Jan 2024
137 points (87.8% liked)

Technology

59287 readers
4326 users here now

This is a most excellent place for technology news and articles.

Our Rules

  1. Follow the lemmy.world rules.
  2. Only tech related content.
  3. Be excellent to each another!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, to ask if your bot can be added please contact us.
  9. Check for duplicates before posting, duplicates may be removed

Approved Bots

founded 1 year ago
MODERATORS
L3s@lemmy.world
L3s@fry.gs
L4s@fry.gs
L4s@lemmy.world
enu@lemmy.world
137
Tesla Gets a $94 Billion Reality Check as EV Winter Sets In (www.bloomberg.com)
submitted 10 months ago by L4s@lemmy.world to c/technology@lemmy.world
28 comments fedilink hide all child comments
 

Tesla Gets a $94 Billion Reality Check as EV Winter Sets In::Tesla Inc. had a blockbuster 2023, as its shares more than doubled in 12 months. But 2024 is starting on a different note, with Elon Musk’s electric vehicle maker off to its worst start to any year — ever.

you are viewing a single comment's thread
view the rest of the comments
[–] cyd@lemmy.world 10 points 10 months ago

didn’t take off until Tesla built a Gigafactory to supply their batteries

BYD doesn't rely on Tesla to supply their batteries. It's the other way round: BYD started out as a battery company, and Tesla relies on their batteries in Shanghai, Germany, and other factories. Tesla originally used batteries from CATL, another Chinese company, but started switching to BYD a few years ago.