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Tesla posts record deliveries in Q4, but China's BYD steals top EV spot

NEW YORK: Tesla delivered a record number of electric vehicles in the fourth quarter, beating market estimates and meeting its 2023 target, but lost i.

China's BYD overtakes Tesla as world's top EV maker

NEW YORK: US car maker Tesla has lost its crown as the top maker of all-electric vehicles to Chinese firm BYD, according to sales figures released Tuesday (Jan 2). The US-based car manufacturer run by billionaire Elon Musk delivered 484,507 vehicles in the fourth quarter of 2023, said a company f

U.S. profit growth to accelerate in 2024 despite economy risks

S&P 500 earnings are expected to increase 11.1% overall in 2024 after rising a modest 3.1% last year, according to estimates compiled by LSEG

Chinese EV giant BYD overtakes Tesla in car sales for Q4

BYD's deliveries show price cuts are working for the Chinese company as customers forego Tesla for cheaper EVs

US profit growth to accelerate in 2024 despite economy risks