BYD's battery division is an absolute gold mine like AWS is for Amazon.
BYD is the primary battery supplier for most consumer electronics (you're iPhone or Macbook is using a BYD battery for example).
Tesla doesn't have an "AWS" equivalent to subsidize it's automotive division, as the Solar+Grid Battery+Battery Management Systems divisions have much lower margins and higher upfront cost.
BYD is the primary battery supplier for most consumer electronics (you're iPhone or Macbook is using a BYD battery for example).
Tesla doesn't have an "AWS" equivalent to subsidize it's automotive division, as the Solar+Grid Battery+Battery Management Systems divisions have much lower margins and higher upfront cost.