BYD Outsells Tesla In Europe, But These ETFs Still Back Elon's EV Empire

Chinese carmaker BYD Company ADR BYDDY might have stolen the April electric vehicle title in Europe, but markets didn’t bat an eyelid. Neither did Tesla TSLA shares.BYD sold 7,231 battery electric cars (BEVs) in Europe in April, edging out Tesla, which sold 7,165, new figures from JATO Dynamics show. Although the milestone represents a symbolic turning point in the European EV battle, it didn’t dent investor faith, as Tesla shares gained more than 2% on the day of the news.It's the first time a Chinese bran ...