Tesla is ‘a partner’ in the EV transition, BYD executive says

News Snapshot:

Chinese electric vehicle maker BYD (BYDDY) surpassed Tesla (TSLA) to become the world’s top seller of electric vehicles in 2023, demonstrating a remarkable turnaround for a company that was worried about survival just a few years ago. Yet, BYD executive vice president Stella Li insists there is no gloating to be had. “We have a high respect for Tesla,” Li said to Yahoo Finance Live (video above). “They’re a market leader. They’ve given a great education to the market. Without them, I think the global EV market could not [advance] so rapidly. I think they are a partner … pushing...