BYD COMPANY (01211.HK) sold 2,629 new cars in Germany in January, more than double Tesla's (TSLA.US) 1,301 registrations for the same period, compared to only 235 units in the same period last year, Bloomberg reported, citing data released by the Germany's Federal Motor Transport Authority.
BYD had already surpassed Tesla in Germany and the UK last year and is now expanding its pioneering advantages, report told.
Tesla's meager sales in Europe have continued into this year, with registrations in the French market falling to a more than three-year low. In Norway, a market that performed well last year, sales plummeted 88% last month.
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AASTOCKS Financial News
Website: www.aastocks.com
| SG Top Picks |
| Stock & Type |
Code |
Strike(Call Level) |
Last |
Effective Gearing |
| BYD (C) |
22881 |
116.98 (-) |
0.057 |
7.4 X |
| BYD (C) |
25582 |
106.98 (-) |
0.140 |
5.1 X |
| BYD (P) |
17863 |
100.78 (-) |
0.265 |
4.7 X |
| BYD (P) |
22345 |
81.83 (-) |
0.105 |
5.3 X |
| BYD (Bull) |
64618 |
86.1 (87.5) |
0.084 |
11.1 X |
| BYD (Bull) |
63829 |
83.6 (85.5) |
0.022 |
8.5 X |
| BYD (Bear) |
64256 |
105.4 (104) |
0.101 |
9.3 X |
| BYD (Bear) |
56133 |
99.4 (98) |
0.057 |
16.4 X |
| TSLA (C) |
11036 |
590 (-) |
0.233 |
5.9 X |
| TSLA (P) |
11037 |
435 (-) |
1.040 |
2.9 X |
| TSLA (P) |
10011 |
370 (-) |
0.167 |
9.0 X |
