Erin Delmore
👤 PersonAppearances Over Time
Podcast Appearances
From top to bottom, we are not accustomed to seeing those kinds of numbers. And as you mentioned or alluded to, there was a bit of a blip earlier when a Trump administration advisor was thought to have said that there could be a reprieve on the majority of countries' tariffs. But the White House came and said that that information was improperly characterized and that isn't what he said.
From top to bottom, we are not accustomed to seeing those kinds of numbers. And as you mentioned or alluded to, there was a bit of a blip earlier when a Trump administration advisor was thought to have said that there could be a reprieve on the majority of countries' tariffs. But the White House came and said that that information was improperly characterized and that isn't what he said.
And then we saw markets continue to sink and then also float their way around inflation. various levels all day. So really, incredibly unusual day, a perplexing day, a difficult day as investors as well as consumers and business leaders and economists and a lot of folks try to wrap their head around the new policy.
And then we saw markets continue to sink and then also float their way around inflation. various levels all day. So really, incredibly unusual day, a perplexing day, a difficult day as investors as well as consumers and business leaders and economists and a lot of folks try to wrap their head around the new policy.
It's quite a big turnaround. When we separate out the numbers here, we see that BYD's total revenue for the year amounted to $107 billion. Rival Tesla came in just shy of $98 billion. And, you know, these are the two big names in electric vehicles right now. But it's different how they're going about their businesses and where they're dominating sales.
It's quite a big turnaround. When we separate out the numbers here, we see that BYD's total revenue for the year amounted to $107 billion. Rival Tesla came in just shy of $98 billion. And, you know, these are the two big names in electric vehicles right now. But it's different how they're going about their businesses and where they're dominating sales.
There are a number of factors. And we can start by saying that the cars made by BYD, broadly speaking, are cheaper to build and cheaper to buy. And they also have a technology advantage. The company recently announced a new EV battery charging system that would refill most of the battery, a 400-kilometer ride, in about five minutes.
There are a number of factors. And we can start by saying that the cars made by BYD, broadly speaking, are cheaper to build and cheaper to buy. And they also have a technology advantage. The company recently announced a new EV battery charging system that would refill most of the battery, a 400-kilometer ride, in about five minutes.
And it's cutting edge technology like that that consumers are looking for. High tech features like advanced driver assistance technology, even in base models. And meanwhile, some criticisms of Tesla include an aging fleet, which is, you know, a byproduct of being first on the scene and having some very popular models out for a long time now.
And it's cutting edge technology like that that consumers are looking for. High tech features like advanced driver assistance technology, even in base models. And meanwhile, some criticisms of Tesla include an aging fleet, which is, you know, a byproduct of being first on the scene and having some very popular models out for a long time now.
And, you know, as you mentioned, Elon Musk has become a bit of a polarizing figure. Either he is receiving benefits. support from people in the United States, especially those who are fans of President Donald Trump, who he is working for now, or blowback. And we have seen some violence, some vandalism at Tesla dealerships, and we have seen some Tesla owners selling their cars for that reason.
And, you know, as you mentioned, Elon Musk has become a bit of a polarizing figure. Either he is receiving benefits. support from people in the United States, especially those who are fans of President Donald Trump, who he is working for now, or blowback. And we have seen some violence, some vandalism at Tesla dealerships, and we have seen some Tesla owners selling their cars for that reason.
And has there been any comment at all from Elon Musk? He said recently in an interview when he was asked how he was managing all of his companies and all of his endeavors with great difficulty, acknowledging that he has taken on a lot of responsibility and a lot of work. But one of the most interesting things that I think he says commonly is that Tesla is not just a car company.
And has there been any comment at all from Elon Musk? He said recently in an interview when he was asked how he was managing all of his companies and all of his endeavors with great difficulty, acknowledging that he has taken on a lot of responsibility and a lot of work. But one of the most interesting things that I think he says commonly is that Tesla is not just a car company.
He talks instead about the technological advances that Tesla is making, this pivot toward autonomous vehicles, driverless cars, and a lot of the technological advances that the company is seeking to integrate to its products down the line. If we take it back to nuts and bolts here, one of the interesting things about BYD surpassing Tesla in revenue is that BYD sold more cars.
He talks instead about the technological advances that Tesla is making, this pivot toward autonomous vehicles, driverless cars, and a lot of the technological advances that the company is seeking to integrate to its products down the line. If we take it back to nuts and bolts here, one of the interesting things about BYD surpassing Tesla in revenue is that BYD sold more cars.
When it came to EVs, they were pretty close to neck and neck, actually. But when you start talking also about hybrids and other passenger vehicles, that's where BYD really sold more individual vehicles.
When it came to EVs, they were pretty close to neck and neck, actually. But when you start talking also about hybrids and other passenger vehicles, that's where BYD really sold more individual vehicles.
Ontario's action was itself a retaliatory move against President Trump's sweeping 25% tariffs on all imported goods from Canada. Mr Ford said that he and US Commerce Secretary Howard Lutnick were now planning to meet later this week to discuss the trade tensions between the US and its biggest trading partner.
Ontario's action was itself a retaliatory move against President Trump's sweeping 25% tariffs on all imported goods from Canada. Mr Ford said that he and US Commerce Secretary Howard Lutnick were now planning to meet later this week to discuss the trade tensions between the US and its biggest trading partner.