Chinese electric vehicle manufacturer BYD has surpassed Tesla with over $100 billion in annual sales, selling 4.3 million vehicles in 2024.BYD's success can be attributed to volume, offering both hybrids and EVs, dominating the Chinese market, and aggressive pricing.Tesla's sales in Europe have dropped by 45%, while BYD is expanding globally and investing in new markets.BYD is competing with Tesla in terms of smart driving systems and ultra-fast charging technology, pushing the boundaries of innovation.