Despite steep tariffs, the Chinese carmaker leapfrogged Tesla in April, in what an analyst called a “watershed moment” for the continent’s auto market.

BYD and its Chinese peers had prioritized selling fully electric cars in Europe, spurred by the region's ambitious targets to lower tailpipe emissions and transition the industry

Chinese electric vehicle (EV) giant BYD outsold Tesla Inc. (NASDAQ: TSLA) in Europe for the first time in April. Research firm Jato Dynamics provided figures to the Financial Times. 24/7 Wall St. Key Points: BYD outsold Tesla Inc.