BYD's Battery Delight Is Tesla's Battery Blight

Jun. 27, 2022 9:00 AM ETBYD Company Limited (BYDDF), BYDDY, TSLA280 Comments


  • LFP offers a cheaper, safer, alternative to the high-density cathodes currently preferred by many western EVs.
  • Due to its lower cost, LFP is growing in popularity globally and BYD, the leading manufacturer of LFP batteries, stands to benefit tremendously.
  • Tesla has started to embrace LFP batteries for its most popular vehicles, a decision made to improve margins and keep costs down.
  • Without any R&D put into LFP, Tesla is getting the same LFP cells as every other EV manufacturer, effectively homologating its powertrain to rivals.
  • Tesla and BYD are both priced for extreme growth, but only BYD has the momentum, and market fundamentals, to support it.
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BYD EV car store and customers. Chinese electric car company

Robert Way/iStock Editorial via Getty Images

Tesla (NASDAQ:TSLA) and BYD (OTCPK:BYDDF) (OTCPK:BYDDY) are both EV manufacturers that dominate their domestic markets. But beyond manufacturing EVs, BYD also supplies battery cells to customers, such as Tesla, for use in

Lithium-ion battery diagram, visualization


NMC Cathode Visualization

Nano One

LFP Cathode Visualization

Nano One

Global LFP Market Share

Global LFP Market Share (EE Times)

Model 3 Price Hike

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Model Y Price Raise

Philip Engberg via Twitter

China's 2022 Plug-In EV sales


Seeking Alpha Quant Rating of Tesla

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