Stratrix

Company profile

Not an SEC registrant — the context below is drawn from our coverage.

Type
Company
Analyses
1
Angles
Business Model

The analyses

The Showdown · Business Model
Tesla Kept the 2024 EV Crown by About 24,000 Cars — and BYD Took the Margin, 19.4% to 17.9%
Everyone says BYD outsold Tesla in EVs in 2024. It didn't - Tesla still edged it by ~24,000 pure battery-electric cars. The real story is hidden in the margins: BYD's gross margin (19.4%) passed Tesla's (17.9%), and the premium it was built to charge began to evaporate.
7 min