BYD股价今年上涨了44％，与特斯拉的37％下降相反。

随着BYD在全球范围内迅速扩展，投资者担心特斯拉酋长埃隆·马斯克（Elon Musk）在特朗普的政府中的新角色和SpaceX，Starlink，Xai和X的多个商业企业（以前是Twitter）都过于瘦弱。

Investors are concerned that Elon Musk is becoming "stretched too thin" with his new role in Trump's administration and multiple business ventures across SpaceX, Starlink, xAI, and X, formerly Twitter. Most of his business ventures are also facing stiff competition in global markets.

投资者担心埃隆·马斯克（Elon Musk）在特朗普的政府中的新角色和SpaceX，Starlink，Xai和X（以前是Twitter）的多个商业企业变得“太瘦”了。他的大多数商业企业也面临着全球市场的激烈竞争。

After a strong start to the year, investors have largely pulled back from Tesla in 2024. This follows a period of rapid expansion by Chinese EV maker Build Your Dreams (BYD).

经过一年的强劲开端，投资者在2024年从特斯拉（Tesla）大部分退缩。这是在中国电动汽车制造商建立您的梦想（Byd）的一段时间之后。

As BYD rapidly expands globally, investors are worried that Tesla chief Elon Musk is stretched too thin with his new role in Trump’s administration and multiple business ventures across SpaceX, Starlink, xAI, and X, formerly Twitter. Most of his business ventures are also facing stiff competition in global markets.

随着BYD在全球范围内迅速扩展，投资者担心特斯拉酋长埃隆·马斯克（Elon Musk）在特朗普的政府中的新角色和SpaceX，Starlink，Xai和X的多个商业企业（以前是Twitter）都过于瘦弱。他的大多数商业企业也面临着全球市场的激烈竞争。

Tesla customers against Musk’s political actions are already boycotting the company and switching to BYD’s electric vehicles. BYD sales reached a record high of 4.3 million cars in 2024, whereas Tesla sales declined by 1% to 1.8 million.

特斯拉的客户反对马斯克的政治行动已经抵制公司并改用BYD的电动汽车。 BYD销售在2024年达到了创纪录的430万辆汽车，而特斯拉的销售额下降了1％，至180万。

Berkshire Hathaway chair Warren Buffett is an early investor in BYD. In 2008, he bought 225 million company shares for £177.39 million ($230 million), which turned out to be a massively profitable trade.

伯克希尔·海瑟薇（Berkshire Hathaway）主席沃伦·巴菲特（Warren Buffett）是比德（Byd）的早期投资者。 2008年，他以1.7739亿英镑（2.3亿美元）的价格购买了2.25亿股公司股票，事实证明这是一笔巨大的盈利交易。

Although Buffett offloaded almost half of the holdings in the past two years as the stock price skyrocketed nearly 600% since the first trade, the Oracle of Omaha continues to hold a significant stake in the EV maker.

尽管巴菲特在过去两年中几乎卸载了一半的股份，因为自第一批交易以来，股价飙升了近600％，但奥马哈的甲骨文仍然在电动汽车制造商中持有大量股份。

While Tesla's value has markedly dropped since December 2024, BYD shares recently reached a high after the company claimed to charge its EVs in as much time as it takes to fill a car with petrol.

自2024年12月以来，特斯拉的价值显着下降，但在该公司声称在用汽油填充汽油的汽车时，BYD股票最近达到了最高水平。

'Tesla's Chinese rival BYD is surpassing its competitor with a new fast-charging technology,' says CMC Markets' Jochen Stanzl.

CMC Markets的Jochen Stanzl说：“特斯拉的中国竞争对手Byd正在使用新的快速收费技术超越其竞争对手。”

While only half of the market analysts covering Tesla stock have a ‘buy’ rating, 90% of the 30 analysts covering BYD maintain a ‘buy’ rating on the stock.

尽管只有一半的市场分析师涵盖特斯拉股票的评级为“买入”，但涵盖Byd的30位分析师中有90％维持对该股票的“买入”评级。

BYD is listed in Hong Kong but can be purchased in US and UK markets through certain brokerages. Investors can also explore investment funds that hold BYD, including the London-listed Baillie Gifford China Growth Trust.

比德在香港列出，但可以通过某些经纪公司在美国和英国市场购买。投资者还可以探索持有BYD的投资基金，包括伦敦上市的Baillie Gifford中国增长信托基金。

However, Wedbush's Dan Ives, a renowned analyst, still maintains the view that Tesla will come out on top.

但是，著名的分析师Wedbush的丹·艾夫斯（Dan Ives）仍然坚持认为特斯拉将排在首位。

'BYD has gained market share versus Tesla, but over the long-term, Tesla will win the autonomous and robotics global market. Tesla has the scale and scope that is unmatched and there is only one Musk,' he noted.

'Byd与特斯拉相比已获得市场份额，但从长远来看，特斯拉将赢得自主和机器人的全球市场。特斯拉的规模和范围是无与伦比的，只有一块麝香。

Tesla share prices have faced immense selling pressure since mid-December 2024. This development has wiped out £600 billion ($777.91 billion) of company value and £120 billion ($155.58 billion) of Musk’s net worth.

自2024年12月中旬以来，特斯拉股价已经面临着巨大的销售压力。这一开发已经消除了6000亿英镑（7779.1亿美元）的公司价值和1200亿英镑（155.8亿美元）的Musk净资产。

In the past three months, hedge funds with short positions against Tesla have made an estimated £12.5 billion ($16.20 billion) in profits.

在过去的三个月中，针对特斯拉职位短缺的对冲基金估计获得了125亿英镑（1,620亿美元）的利润。

Tesla faces competition beyond BYD, including from companies like Xiaomi and China’s Li Auto. Most analysts covering Xiaomi and Li Auto have a ‘buy rating on the stocks.

特斯拉（Tesla）面临比德（Byd）以外的竞争，包括小米和中国李汽车（Li Auto）等公司。涵盖小米和李自动的大多数分析师对股票的买入评级。

Orgueil Capital's Stephen Roberts thinks BYD shares are much cheaper than Tesla's. 'The only way in which Tesla has the lead on them is probably fully autonomous driving,' he said.

Orgueil Capital的Stephen Roberts认为Byd的股票比特斯拉便宜得多。他说：“特斯拉领导他们的唯一途径可能是完全自主的驾驶。”

'It's becoming increasingly evident that China is making substantial strides in disrupting established players in the EV market, including industry leaders like Tesla.'

“越来越明显的是，中国在破坏包括特斯拉这样的行业领导者在内的电动汽车市场中的既定参与者都取得了长足的进步。”

UBS Joseph Spak's early March research note, predicting a 5% drop in Tesla's global sales in 2025, added to the selling pressure. The forecast, against 10% growth expectations, sent Tesla share prices down by 15% in one day.

瑞银约瑟夫·斯帕克（UBS Joseph Spak）的3月初研究报告预测，特斯拉在2025年的全球销售量下降了5％，这增加了销售压力。预测以10％的增长预期，特斯拉的股价在一天之内下跌了15％。