Market Insight : BYD Leaps Ahead of Tesla on Fortune Global 500: A New Leader in Electric Vehicle Success
Market Insight : BYD Leaps Ahead of Tesla on Fortune Global 500: A New Leader in Electric Vehicle Success Company Overview BYD Co. Ltd. (OTC: BYDDF , OTC: BYDDY ) has surpassed Tesla Inc. ( TSLA ) on the Fortune Global 500 list, jumping 52 spots to land at #92, while Tesla holds the #102 spot. This marks a significant milestone in the competitive electric vehicle market as BYD solidifies its position as a new leader in electric vehicle success. Technical Indicator Breakdown and Analysis (as of 2024-06-11) EMA12: 320.17024 - The 12-day exponential moving average, reflecting recent price trends more heavily; a value above EMA26 indicates upward momentum. Learn more about EMA . EMA26: 319.13397 - The 26-day exponential moving average, providing a longer-term view of price trends; used in conjunction with EMA12 to signal trends. MACD: 1.036268 - The difference between EMA12 and EMA26; a positive MACD suggests bullish momentum. See details on MACD . R...