Beijing just picked a fight with Washington — and Detroit is sweating. BYD Co (OTC:BYDDF) (OTC:BYDDY), the world’s largest EV maker, has sued the Trump administration in the U.S. Court of International Trade over the 100% tariff that effectively bans Chinese electric cars from America.
On the surface, this is a trade case. Underneath, it’s a high-stakes market showdown that could reshape who wins the U.S. EV race.
Why This Matters For Tesla
For now, the tariff is a protective moat for Tesla Inc (NASDAQ:TSLA).
BYD sells cheaper, feature-rich cars at scale — exactly the kind of competitor that could shred Tesla’s mass-market pricing power.
If the ban holds, Tesla CEO Elon Musk keeps breathing …Full story available on Benzinga.com
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