Your Daily Brief For March 30th

Your Daily Brief For March 30th

9 months ago1 min

Today's Stories

Today's Insight

Your Brief Summary

In today’s Daily Brief, we'll be looking at Tesla losing market share in China to rival BYD.

"Tesla started cutting prices last year to try and reclaim lost market share in the Chinese car market. But so far, it hasn't worked: BYD outsold Tesla by five times in the first two months of the year alone."

Key takeaways:

  • Tesla started the price war, but it's getting beaten at its own game
  • Micron’s upbeat outlook spurred hopes the worst is over, but profit's going to be hard to find this year


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