Summary BYD (BYDDY) is positioned as the long-term winner in the global EV market, outpacing Tesla and XPeng in scale, technology, and profitability. BYDDY leads with mass-market self-driving, ultra-fast charging, aggressive pricing, and local production, driving share gains in China, Europe, and emerging markets. Valuation for BYDDY is compelling: forward P/E 17.38, PEG 3.18, Price/Cash Flow under 7, and the highest EBITDA margin among peers. Tesla’s technology and market share moats are eroding, while XPeng offers higher risk/reward but lacks BYDDY’s scale and efficiency. Ake Ngiamsanguan/iStock via Getty Images Thesis Summary Follow James Foord is an economist by trade and has been analyzing global markets for the past decade. He leads the investing group The Pragmatic Investor where the focus is on building robust and truly diversified portfolios that will continually preserve and increase wealth. The Pragmatic Investor covers global macro, international equities, commodities, tech and cryptocurrencies and is designed to guide investors of all levels in their journey. Features include a The Pragmatic Investor Portfolio, weekly market update newsletter, actionable trades, technical analysis, and a chat room. Learn more. Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body. Like