As tariffs spiral between the U.S. and China, between China and Europe they are showing early signs of falling, pot

India's commerce minister said the government has to be "convinced" BYD will "play by the rules" before the EV maker can expand in its market.

As the words came out of Trump’s mouth, they were probably drinking champagne in BYD headquarters,” Ives told The Post. “It accelerates BYD’s success.”

These approaches are two different ways of reaching the same destination, though interestingly, BYD’s battery configuration has better thermal management. Reportedly, Tesla’s offering produces around twice as much heat at a specific load than BYD’s configuration. This difference requires, not surprisingly, around twice as much cooling capacity.

Another fiscal year and another bold prediction that Tesla’s long-running reign as the global market share leader will end.

The announcement boosted BYD’s stock price by 4.1%, reaching a record high on the Hong Kong Stock Exchange. Investors see the new technology as a major competitive advantage, strengthening BYD’s position against rivals like Tesla, Nio, and Li Auto.

The pause on orders is directed at Tesla's Model X and Model S, which are are U.S.-made and imported to China.

BYD, Elon Musk's Chinese archrival, posted a 60% sales surge in the first three months of the year, in stark contrast to Tesla's decline.

In the past month, BYD launched a new electric car across a few key segments as it looks to extend its lead. Two midsize BYD models, the Qin L EV sedan and the Sealion 05 SUV, hit the market. Both are equipped with BYD’s “God’s Eye” smart driving system and start under $17,000 in China.

Chinese electric vehicle champion BYD has reported a 60% surge in sales in the first quarter of the year as archrival Tesla stumbles.

The Tesla CEO has been one of Trump's most outspoken cheerleaders — but Musk is not a fan of the tariffs that have shaken global markets.