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BYD Grew Its Production by 211%, Dislodging Tesla as the World’s Leading EV Manufacturer

Chinese automaker BYD Auto is quickly becoming the world’s leading EV manufacturer. According to StockApps.com, the company has grown its production by a whopping 211% in 2022. This impressive growth has pushed its way past Tesla, the previous leader in EV production, and the company expects to become the first automaker to exceed 2 million…

Tesla’s 2022 Vehicle Deliveries Almost on Par With the Eight-Year Cumulative Total From 2012- 2020

The electric vehicle giant Tesla has accomplished a significant feat in the automobile industry. StockApps.com holds that Tesla delivered nearly 1.3M vehicles in 2022 alone. This is a remarkable milestone for the relatively young automaker. Incredibly, this figure is almost as many vehicles as the company had delivered in the previous eight years combined. Edith…

Tesla’s Q3 2022 R&D Spend per Car of $2131 Is the Lowest of Any Quarter

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Tesla is famous for conducting thorough research and development on its units and the market. No automaker has matched Tesla’s R&D spending per car. However, an analysis from StockApps.com shows Tesla’s expenditure on R&D per vehicle has reduced. Tesla spent its lowest amount of $2131 per car in R&D during Q3 2022. Speaking on the…

Lucid Beats Tesla in Energy Efficiency

Automobile manufacturer Lucid’s Air Dream R AWD currently has the longest range among electric vehicles (EVs). According to a StockApps.com analysis, the model has a range of 520 miles (about 832 km). That beats Tesla’s longest-range model by over 100 miles.  Again the Air Dream R AWD beats Tesla’s Model S in energy efficiency terms….

Tesla PE ratio-StockApps.com

Tesla Has the Highest PE Ratio Among the World’s Ten Largest Companies

Using a stock’s price-to-earnings (P/E) ratio is one of the quickest ways to learn whether a company is overvalued or undervalued. If a company’s stock is undervalued, it may be a good investment based on the current price. If it is overvalued, then investor should consider whether the company’s growth prospects justify the stock price….