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Tesla Is Once Again the World’s Best-Selling EV Company

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See this visualization first on the Voronoi app.

Chart showing quarterly BEV sales between BYD and Tesla

Quarterly BEV Sales: Tesla vs BYD

This was originally posted on our Voronoi app. Download the app for free on iOS or Android and discover incredible data-driven charts from a variety of trusted sources.

China’s BYD made waves for outselling Tesla in Q4 2023, prompting many to believe that the once dominant EV king would fall further behind in 2024.

However, figures for Q1 2024 are now out, and they reveal a dramatic 43% decline in BYD sales from the previous quarter. Meanwhile, Tesla reported a slightly less painful 20% drop in sales.

To see how this battle is playing out, we visualized the global BEV sales of both companies over the past several years. Exact figures can be found in the table below.

QuarterTeslaBYD
2022 Q1310,048143,223
2022 Q2254,695180,296
2022 Q3343,830258,610
2022 Q4405,278329,011
2023 Q1422,875264,647
2023 Q2466,140352,145
2023 Q3435,059431,603
2023 Q4484,507526,409
2024 Q1386,810300,114

The steep drops reported in Q1 2024 are the latest sign that consumer appetite for fully electric vehicles has slowed, prompting both companies to escalate their ongoing price war. In February 2024, BYD responded to Tesla’s repeated price cuts with its own round of discounts.

BYD Offers a Significantly Lower Entry Point

As shown in the above graphic, starting prices for some of BYD’s electric cars are incredibly low.

In China, the BYD Seagull now starts at 69,800 yuan ($9,700), while the Yuan Plus (BYD’s Model Y competitor) starts at 119,800 yuan ($16,000). On the other hand, Tesla’s cheapest model (RWD Model 3) costs 245,900 yuan ($34,000). It’s interesting to note that the cheapest Model 3 in the U.S. costs $38,990, according to reporting from CNN.

Learn More About Tesla

If you like seeing data visualizations on the world’s largest EV maker, check out this graphic that breaks down Tesla’s sales by model since 2016.

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Misc

Visualizing the Most Common Pets in the U.S.

Lions, tigers, and bears, oh my!—these animals do not feature on this list of popular American household pets.

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A cropped chart showing the most popular pets in America by the number of households that own the pet.

Visualizing The Most Common Pets in the U.S.

This was originally posted on our Voronoi app. Download the app for free on iOS or Android and discover incredible data-driven charts from a variety of trusted sources.

In this graphic, we visualized the most common American household pets, based on 2023-2024 data from the American Pet Products Association (accessed via Forbes Advisor).

Figures represent the number of households that own each pet type, rather than the actual number of each animal. The “small animal” category includes hamsters, gerbils, rabbits, guinea pigs, chinchillas, mice, rats, and ferrets.

What is the Most Popular American Household Pet?

Based on this data, dogs—one of the first domesticated animals—are the most common pets in the United States. In fact, around 65 million households own a dog, and spend an average of $900 a year on their care.

RankSpeciesHouseholds
1🐶 Dog65M
2🐱 Cat47M
3🐟 Freshwater Fish11M
4🐰 Small Animals7M
5🐦 Bird6M
6🦎 Reptile6M
7🐴 Horse2M
8🐠 Saltwater Fish2M

Note: Households can own multiple pets, and are counted for all relevant categories.

Cats rank second, at 47 million households, and these smaller felines are a little less expensive to own at $700/year according to Forbes estimates.

But aside from these two juggernauts, there are plenty of other common pet types found in households across the country.

Freshwater fish can be found in 11 million households, along with small animals—rabbits, hamsters, guinea pigs—in 7 million. Meanwhile, nearly 6 million homes have birds or reptiles.

Pet Ownership is on the Rise in America

Forbes found that 66% of all American households (numbering 87 million) own at least one pet, up from 56% in 1988. One third of these (29 million) own multiple pets.

A combination of factors is driving this increase: rising incomes, delayed childbirth, and of course the impact of the pandemic which nearly cleared out animal shelters across the globe.

America’s loneliness epidemic may also be a factor. Fledgling research has shown that single-individual households with pets recorded lower rates of loneliness during the pandemic than those without a pet.

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