Tesla, Inc.

BYD Company Limited

Company moves key technology - autonomous driving system - to subscription only

Tesla is changing its autopilot sales model. Why is Musk transforming the FSD strategy?

Tesla deliveries in the last quarter of 2025 fell short of the company's own consensus forecast.

Tesla has lost its leadership position in the global electric vehicle market to BYD. How did the market react?

The U.S. Department of Defense has concluded that Chinese e-commerce leaders and AI developers Alibaba Group and Baidu, as well as carmaker BYD and five other companies from China, should be included in a list of organizations assisting the Chinese military. That's according to a letter to Congress sent by the Defense Department about three weeks before Presidents Donald Trump and Xi Jinping met Oct. 30 in South Korea, where the leaders agreed on a package of measures that included lowering duties and temporarily suspending some export restrictions.

Pentagon wants to blacklist Alibaba and BYD as Chinese companies - Bloomberg

NVIDIA Corporation

Advanced Micro Devices, Inc.

LVMH Moet Hennessy - Louis Vuitton, Societe Europeenne

LVMH returned to growth, which was a sign of recovering demand for luxury goods. Gold once again became the main safe haven for investors, displacing bitcoin. Walmart agreed with OpenAI to integrate shopping into ChatGPT. Oracle and AMD announced an AI deal challenging Nvidia's leadership, and Microsoft, Nvidia and xAI are investing $40 billion in Aligned data centers. The main events of October 13-17 are in our review.

Highlights of the week: luxury rises, gold overtakes bitcoin, Walmart and OpenAI deal

China's BYD, Tesla's main competitor, will conduct the largest recall of electric cars since its foundation - due to design defects and possible problems with batteries, Reuters <a href="https://www.reuters.com/sustainability/climate-energy/byd-makes-largest-recall-over-115000-cars-due-design-battery-issues-2025-10-17/">reports</a>. It will affect more than 115 thousand cars manufactured from 2015 to 2022.

BYD has announced the largest recall of electric cars in its history. One of the reasons is the batteries

Bayerische Motoren Werke Aktiengesellschaft

German automakers' sales in their key Chinese market are declining under pressure from local rivals

BMW shares collapsed at the fastest pace in almost a year. Why did investors panic?

The U.S. automaker's sales fell 37% in August, while BYD's sales more than tripled

Tesla lost again in Europe to China's BYD. A reason for investors to think twice?

Berkshire Hathaway Inc.

Omaha-based Orukul has been selling BYD stock since the summer of 2022 without explanation   

Buffett got out of BYD stock. They went up 4500% after his first investment 

Payments to suppliers have calmed the market, but price wars and falling margins could reverse the effect

Shares of Chinese electric car makers are rising again. Is it worth buying them?

The U.S. and China are trying to establish a dialog on trade and TikTok, while the Fed is preparing for a rate decision, pushing up Asian indices and metal prices. In China, a price war in the electric car sector has cost BYD $45 billion in market value. About these and other topics - in our review of key events by the morning of September 15.

Top story for the morning: aluminum rises in price, BYD loses investor confidence 

XPeng Inc.

Li Auto Inc.

Xiaomi Corporation

NIO Inc.

BYD, China's largest automaker, has cut its sales target for this year by 16% and now plans to sell 4.6 million vehicles, Reuters <a href="https://www.reuters.com/business/autos-transportation/chinas-byd-cuts-sales-target-sources-say-white-hot-growth-cools-2025-09-04/">reported</a> on Sept. 4, citing two sources. This is the slowest pace in five years and "there are other signs that BYD's era of record growth may be coming to an end," the agency wrote.

BYD goes backwards: who to bet on in the Chinese electric car market now

Electric car maker's profit came in 38% below analysts' expectations