BYD’s First-Quarter Story Is in The Margins
Wall Street Journal
BYD, the world’s largest electric-vehicle maker, paid a price for aggressively cutting prices on its cars, grinding revenue growth to a four-year low in the first quarter. But the bigger story is in its margins.
https://www.wsj.com/articles/byds-first-quarter-story-is-in-the-margins-6820ae70