In a stunning turn of events, BYD has officially surpassed Tesla in revenue for the first time in 2024, reaching an impressive 777.1 billion yuan ($107.2 billion), while Tesla’s revenue stood at $97.7 billion.
Earlier this month, Tesla started offering Chinese owners a free one-month trial of its Full Self Driving (FSD) feature, aiming to showcase what the advanced driver-assistance system can really do.
Electric vehicles (EVs) are the future, but there’s one major roadblock keeping them from completely taking over—battery technology. Long charging times, limited range, and safety concerns still make some people hesitant to switch from gas-powered cars.