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BYD Surpasses $100 Billion in Revenue, Outperforming Tesla in 2024

Chinese company BYD, known for making batteries and cars, reported a big increase in revenue last year, reaching over $100 billion, according to a stock filing on Monday.

This performance outpaced Tesla, as BYD continues to grow its presence in international markets.BYD’s revenue for 2024 hit 777.1 billion yuan ($107.2 billion), surpassing Tesla’s previously reported $97.7 billion for the same period.

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