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Lots of competition and shrinking EV sales in their home market https://finance.yahoo.com/news/ev-deliveries-continue-fall-c...

> But considering how much potential BYD has to steal EV lunch why is the stock price not been reflecting that?

Its as simple as being a Chinese stock. Whether justified or not, that’s the concern. Even among Chinese people. The stock market is seen as gambling in China.

Good question, just a thought: maybe because it’s a Chinese company and trade restrictions can be easily placed if BYD starts interfering with western markets?

BYD is building a factory in Europe and plans on building one in Mexico. Trade restrictions will be very hard to place on Europe-built and USMCA-built cars.