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Buffett-Backed EV Maker BYD Erases $18bn in Value Amid Tesla Price War

BYD''s stock price has fallen 14% since the start of February, with rival EV maker Tesla up 9% in the same period as it pushes ahead with reductions for buyers.

Tesla Is One Generation Ahead of Rivals in EV Race: Former Ford CEO

"Tesla still has the leg-up on the competition, and I think they demonstrated that yesterday," Mark Fields told CNBC.

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