BYD Stock Is Down Significantly -- Is This Electric Vehicle Giant Still Worth Holding?

BYD (OTC: BYDDY) produces far more vehicles than Tesla. But you wouldn't be able to tell based on stock prices alone. The Chinese electric vehicle maker's market cap is around $990 billion, while U.S.-based Tesla is valued at more than $1.3 trillion.Part of the valuation gap is explained by BYD's recent struggles. Shares are down 20% in value since May. Tesla stock, meanwhile, has gained more than 40% in value over that time period. Is this your chance to buy BYD at a rare discount?There's no doubt that shares look compelling. But there are two critical factors to consider before jumping in.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool