Margins matter too. BYD's gross margins of 20.6% don't just outpace Tesla; they surpass BMW (XE:BMW), Mercedes-Benz (XE:MBG), and Toyota (JP:7203) (TM). Yet BYD's market cap sits at just one-fifth of ...

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Tesla reported a 13 percent drop in first-quarter auto sales on Wednesday amid lower production during factory upgrades and blowback over Musk's work for the US President Donald Trump administration.

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