BYD
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BYD Executive Li Yunfei Responds to Black PR Campaign, Lists 126 Accounts for Pursuit
BYD is aggressively pursuing legal action against online defamation and disinformation campaigns. Publicly announcing a crackdown on “black public relations” and media tactics, the EV giant is suing 37 accounts with 126 more under review. BYD has already won cases, with individuals ordered to apologize and pay damages for spreading false information, demonstrating their commitment to protecting their reputation and market fairness.
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Elon Musk Shifts Focus from Rivals Like BYD to Perfecting Products
Tesla CEO Elon Musk acknowledged BYD’s growing competitiveness in EVs during a May 21 CNBC interview, contrasting his 2011 dismissal of the Chinese automaker. BYD outsold Tesla by 79,707 units in Q1 2025, capturing 15.4% of global BEV sales through vertical integration and aggressive pricing. While Musk emphasized focusing on Tesla’s mission over rivalries, analysts note BYD’s rise challenges Tesla’s dominance, potentially accelerating industry-wide decarbonization. The shift reflects evolving market dynamics as both companies vie for leadership in the electric transition. (98 words)
