BYD wipes it's arse on Tesla, in every way. The boring plastic look and feel of the 3* Tesla's is far out shone by any of the 3* BYD's (*available in the UK). The build quality is like comparing Mercedes to Dacia and the ridiculous amount of recalls for Tesla's is frightening.
Did I mention that BYD out performs Tesla sales by approx 3-1.
Tesla my arse!
The local Nissan Dealer here sells BYDs - or at least they did when I was there last April. Since I had some time to spare while my Leaf was being serviced, I had a good look at the BYD EVs in their showroom. The word that best describes the interior is 'kitsch'. I much prefer Tesla's clean minimalist design.
Their boots seemed rather small compared to the size of the vehicle. My 2011 Leaf has a small boot mostly due to the size and shape of the battery. The boot capacity is only 330l. If I was buying a new vehicle I would want a lot more. The BYD Dolphin, which is slightly smaller than my Leaf, has 345l of boot space, barely an improvement. The BYD Seal has 400l, but the vehicle is considerably larger at 355mm (14") longer and 105mm (4") wider. It might not fit in my garage! It's also 322kg (~146lb) heavier. The current Leaf has 435l of boot space, and yet is still the same size and weight as the original 2011 model despite having 70% more battery capacity. It's also less than
half the price in New Zealand right now, at NZ$29,990 (~US$17,700) vs $61,990 for the Seal. If I didn't already have one...
I do like the external styling of the Seal, but I like the Tesla Model 3 more. The Model 3 sells for NZ$63,900 here, a bit more than the Seal but then it also has longer range and is more efficient. You talk about build quality, but what about reliability? While I was at the Nissan service center they had two BYD's on the hoists, and I overheard a mechanic trying to explain to a customer why there was such a delay in getting parts - for vehicles they had only just started selling!
Several people at my work have Teslas, so I was able to get a good look at them. I didn't see anything wrong with the build quality. Some say it's only Teslas made in the US that have issues, and the Chinese-made ones are better. I guess that's another thing Americans will have to put up with for a while longer...
As for BYD outselling Tesla 3:1, that's only (almost) true if you include hybrids. Since 2020 Tesla has consistently outsold BYD in BEV sales except for Q4 of 2023. But more importantly Tesla is making more profit. That means it can afford to fund more development and cut prices if necessary to stay competitive. Right now they don't need to cut prices because people are willing to pay more for a Tesla. Most other automakers are losing heaps on every EV they sell, but even those that aren't are still cannibalizing sales from their own gas and hybrid vehicles, which makes transitioning to EVs much harder for them (unless they commit fully to it, which they will never do).
I'm not saying BYD won't overtake Tesla in the near future, but it's not nearly the slam dunk you make it out to be. Despite selling nearly 3 times as many cars overall, BYD's revenue is only slightly higher at $28.24 billion in September 2024, vs Tesla’s $25.2 billion (17% higher than the same period last year). And Tesla remains on top in year-to-date sales, at $71.98 billion vs BYD’s $70.53 billion total revenue.
So while BYD probably is on the way to edging out Tesla in BEV sales and total revenue, that doesn't mean Tesla isn't also doing well. Tesla's higher margins, better reputation and greater innovation mean they will probably be in the game at least long as BYD if not longer (despite the Chinese government propping up domestic industries that are 'too big to fail').
But the real difference is that Tesla isn't
just a car company. Their battery storage and AI products have the potential to do much more. Battery storage is already ramping up exponentially and is a pretty sure thing. Cybercabs and autonomous robots are less sure, but Tesla is closer to getting them working properly than anyone else. That's why Tesla is investing so much in AI. Unlike Microsoft etc, it isn't just about conning customers into thinking they are buying something useful. Truly autonomous machines are the next industrial revolution.
Those of us who grew up the late 20th century have been waiting a long time for this. Now as we head towards the mid 21st century it's finally becoming a reality. But it's people like Musk - who are willing to 'think outside the box' and pour everything they have into it - who are needed to make it so. Of course those people tend to attract a lot of skepticism too, some of it justified but a lot of it not. It's amazing how many armchair rocket scientists, engineers and economics experts have gotten together to assure us that Musk is an idiot and Tesla and SpaceX's creations are all just smoke and mirrors. Any day now the whole house of cards is going to come crashing down to reveal that
they are the true geniuses who saw through Musk's lies.
And yet every day millions of Teslas are actually driven and their owners love them, and fsd creeps closer and closer to being better than human drivers, and space rockets blast off and complete their missions, and battery storage continues to grow as power companies find they actually do help stabalize the grid etc. etc. Which only makes the detractors scream even louder about how it's all a con and Musk's an idiot. At some point you have to wonder who the real idiots are...
"Tesla my arse!" you say. Well we'll see. I bet that whether Musk and Tesla ultimately succeed or fail, their contributions will be rightly recognized in the history books for centuries to come - while your arse...