True, but their margins only exist because of protectionist US laws (i.e. 100% tariff on Chinese competitors).
replyWhat does that have to do with margins?
replyNot many people would pay $62K for a Tesla Model Y if they could get a BYD Sealion for $37K.
replyDo you know what 'margins' means?
replyAnd even in markets where BYD Sealion is sold - including China - Tesla Model Y outsells it!