If you still don't liquidate your US$100,000 worth of TESLA shares soon, be prepared to see its value being halved eventually. TESLA stock has lost nearly half its value since Trump took office in January and is on pace to fall for a ninth week in a row. Also, TESLA never gives dividends in so far, what's worse is it's a falling knife now.
BYD just announced their latest battery technology which can charge in 5 minutes to give a range of 400km, whilst CATL batteries can give a range of 500km with just 12 minutes of charging. I agree we cannot take these numbers as totally reliable, especially from the Chinese, but they should at least be achievable with 90% capability. TESLA will be unable to compete because they don't make their own batteries, dude. Furthermore, EV buyers in America, Canada and especially in Europe are all refraining from buying TESLA, all because of Elon's involvement into politics. Just wait and see for yourself. Don't say I didn't warn you.
https://www.straitstimes.com/asia/east-asia/byd-unveils-battery-system-that-charges-evs-in-5-minutes
BYD unveils battery system that charges EVs in 5 minutes
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The new system could provide another boost for BYD, which has come from behind to rival US manufacturer Tesla as the world’s top EV seller. PHOTO: REUTERS
SHENZHEN – BYD has unveiled a new system for electric cars that the Chinese carmaker says will allow them to be charged almost as fast as it takes a regular car to refuel.
BYD’s new battery and charging system was capable of providing 400km of range in five minutes in tests on its new Han L sedan, chairman and founder Wang Chuanfu said on March 17. The manufacturer will start selling vehicles with the new technology in April.
Being able to charge a car in the time it takes a combustion engine vehicle to pull in and out of a petrol station could convince drivers who are not willing to make lengthy stops to go electric.
The new platform, which will underpin many of its future electric vehicles (EVs), could provide another boost for BYD, which has come from behind to rival US manufacturer Tesla as the world’s top EV seller. Tesla’s China shipments plunged 49 per cent in February from a year earlier to just 30,688 vehicles, the lowest monthly figure since July 2022.
BYD has committed to building more than 4,000 charging stations across China to serve the newly upgraded EVs. It did not disclose a specific timeline or cost to complete the rollout. However, the company earlier in March raised around US$5.6 billion (S$7.4 billion) in a share sale.
The speeds would be comfortably ahead of Tesla’s Superchargers, which can add up to 275km of range in 15 minutes. Tesla, however, has a much larger network of more than 65,000 Superchargers worldwide.
Mercedes-Benz Group’s new entry-level CLA electric sedan unveiled last week can add 325km in 10 minutes of charging.
BYD’s new EV platform will allow cars to reach 100kmh in two seconds, Mr Wang said at the event at the company’s headquarters in Shenzhen.
This is BYD “elevating the game to another dimension”, Mr Xing Lei, an independent China autos analyst, said.
The first models to get the ultra-fast charging will be the Han L and the Tang L sport utility vehicle. They will start at 270,000 yuan (S$50,000) and 280,000 yuan, respectively, and will be sold from April.
BYD will build more than 4,000 charging stations designed to accommodate the new technology.
This is BYD “elevating the game to another dimension,” said Lei Xing, an independent China auto analyst.
BYD has had a stellar start to 2025. The company, which makes only hybrid and fully electric cars, sold more than 318,000 passenger vehicles in February, up 161 per cent from a year earlier.
It is the top carmaker in China, the world’s biggest car market, with a share approaching 15 per cent. BYD’s Hong Kong-listed shares, which were little changed on March 17, are up about 45 per cent in 2025.
An advanced EV powertrain could further boost demand for BYD’s next-generation cars, said Ms Joanna Chen, a China autos analyst with Bloomberg Intelligence. “This could mark the beginning of a new wave of model roll-outs, propelling BYD’s battery-electric vehicle sales to catch up with hybrids after they fell behind in 2024,” she said.
BYD is also starting to set the pace in advanced driver-assistance technology. The company earlier in 2025 said that it is taking this to the masses by including features like lane-keeping and adaptive cruise control in some of its cheapest models.
BYD’s Super e-Platform may also pose a competitive threat to Contemporary Amperex Technology (CATL), currently the world’s largest manufacturer of EV batteries. Li Auto, for example, is using one of CATL’s latest-generation batteries to enable charging that gives 500km of range in 12 minutes. Bloomberg
