WHY'S BYD GET NO LOVE?!

Everyone has been a big fan of the electric vehicle sector recently, mainly because of Tesla, or Nio, Li auto or Rivian, Lucid, but everyone forgets about BYD, well not Warren Buffet! (especially since all these popular EV companies have just became public and don't even have any earnings yet!) BYD sold 88,283 NEV in February, 93,168 (753% increase from the year prior) in January, 93,945 in December. It slowed down due to the Beijing Olympics and Chinese New Year. They are expected to sell around 1.5 to 2 million this year depending on how the supply chain issues go ( that's three times last years which was only 593,745.) They are prepared for their growth by adding three new factories already this year which raises capacity levels by 500,000 vehicles. BYD's hybrid sales were able to grow due to a new fuel efficient DM-i system that enhances their batteries. This makes BYD's EV and hybrid sales combined basically the same as Tesla's and far higher than all the other competitors. Tesla's goal is to sell cars at $25,000 while BYD already does that at a lower price and at a profit, since they have the benefit of lower cost China production. They sell cars from a range of $15,000 - $34,000, some around $40,000. They do plan on moving upscale to compete with competitors like Tesla. BYD also has the ability to sell just their batteries and are even in the talks of doing business with fellow Chinese EV company Nio and even Toyota. BYD is down 15% this year but is up over 475% for the past two years. Earnings for the past two quarters have declined (63% and 22%) as did sales growth, while analysts still think that BYD will have a decent profit growth in their near future.