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The latest American Stock News Business News: breaking personal finance, company, financial and economic news, analysis into global markets

China’s BYD Surpasses Tesla: A New EV Giant Claims Over $100 Billion in Sales

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In a seismic shift within the electric vehicle (EV) industry, Chinese automaker BYD has eclipsed Tesla, posting annual sales exceeding $100 billion for 2024, outpacing Elon Musk’s American juggernaut. With revenues hitting 777 billion yuan ($107 billion), BYD’s meteoric rise—fueled by a 29% sales surge and deliveries of 4.27 million vehicles, including hybrids—marks a turning

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Tesla ’s Brand in Turmoil: Where’s Elon Musk When We Need Him?

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Tesla is grappling with a severe brand crisis, and the one person who could steer the company back on course—Elon Musk—appears to be missing in action. Plummeting sales, widespread consumer boycotts, and a stock value nosedive of over $800 billion in three months have thrust the electric vehicle giant into uncharted territory. Musk, the visionary

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Steady Hands in Shaky Markets: Smart Investing During Stock Volatility

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Investing amid stock market volatility requires a blend of discipline, diversification, and a keen eye for opportunity, as financial experts emphasize strategies to navigate the wild swings that define today’s economic landscape. With stocks seesawing due to tariffs, interest rate shifts, and global tensions, investors can protect their portfolios by spreading risk, staying patient, and

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