BYD Co. Ltd. (HKSE:01211)(SZSE:002594), the Chinese electric vehicle backed by Berkshire Hathaway Inc. (BRK.A)(BRK.B) CEO Warren Buffett (Trades, Portfolio), disclosed this week March battery-powered vehicle sales that outshined March vehicle sales of rivals like Nio Inc. (NIO) and Xpeng Inc. (XPEV).

The Shenzhen, Guangdong-based vehicle manufacturer said March electric vehicle sales totaled 16,301 units, topping Nio's 7,257 units and Xpeng's 5,102 units.

Company background

BYD said revenue for 2020 was approximately 156.6 billion yuan ($23.96 billion), up approximately 26% year over year on automobile revenue growth of approximately 37.66% year over year. The company discussed that its

The quarterly revenue and net income of the three companies listed below have improved significantly on a year-over-year basis, drawing the interest of growth-oriented investors.

Furthermore, sell-side analysts on Wall Street have issued positive recommendation ratings for these businesses.

Snap Inc

The first stock that possesses the above criteria is Snap Inc (SNAP), a Santa Monica, California-based provider of a camera application software that enables people to interact using short videos and images via its app.

Snap Inc saw its quarterly revenue jump 62.5% year over year to $911.322 million as of the December 2020 quarter, up from $560.888

Tesla Inc. (TSLA)'s Chinese competitor Nio Inc. (NIO) has announced that it will close its manufacturing plant in Hefei for five straight days due to the ongoing semiconductor shortage.

Nio has experienced production shortcomings due to the lack of availability for the chips used to power their vehicles. The company is expecting first-quarter vehicle deliveries to drop to 19,500 instead of the 20,500 deliveries it was expecting.

Nio's stock took a hit on the news, dropping to $34.51 per share with a market cap of $54.07 billion on March 16. There is not currently enough data for a Peter Lynch

Note: Fisher Investments' Editorial Staff doesn't make individual security recommendations. Any stock or security mentioned herein is solely used to illustrate a broader point.

After a dark 2020, it seems investors are growing more optimistic. Contrary to past years, much of the coverage Fisher Investments' analysts have reviewed shows financial pundits appear to be fanning the flames in many cases. Retrospectives on 2020 hype astronomical returns in high-fliers like drug developer Novavax (NVAX) (up 2,701% in 2020) or Chinese Electric Vehicle start-up Nio (NIO) (up 1,112%).[i] Others tout fledgling firms with little history as the Next Big Thing. Even

Tesla, Inc. (TSLA) is laying plans to start making electric vehicle chargers in the world's biggest car market, China, in 2021. The U.S. EV maker said it would invest 42 million yuan ($6.4 million) in the new facility, which will be dedicated to making its third generation of quick chargers, also known as the Supercharger V3. This reflects the automaker's effort to expand its charging network and boost sales in the Chinese market.

Tesla's ambitious plan

In a statement, Tesla said that the plant, which will be built near its gigafactory in Shanghai, is scheduled to begin operations next year

According to GuruFocus' Aggregated Portfolio feature, there are four automakers that gurus actively own and purchased during the second quarter. These companies include General Motors Co. (GM), Tesla Inc. (TSLA), Ford Motor Co. (F) and Nio Inc. (NIO) and all four have made headlines throughout the third quarter as vehicle markets have recovered.

The Aggregated Portfolio feature allows users to sort through companies that are owned, bought and sold by gurus. It can be searched by sector, region and market cap of individual stocks while sorting results based upon individual gurus and investment firms.

General Motors

General Motors

Tesla Inc.'s (TSLA) Chinese rivals Nio Inc. (NIO) and XPeng Inc. (XPEV) have each reported their own record-breaking numbers for the third quarter. Tesla has set its own quarterly delivery record, yet its rivals are seeing numbers rise in leaps and bounds.

Breaking expectations of 137,000 deliveries, Tesla set a record at 139,300 vehicles delivered in the third quarter. The overall number was dominated by the increasingly popular Model 3 and Model Y vehicles at 124,100 deliveries, thanks in part to Model 3 production in the new Shanghai plant.

Nio

Nio, China's premium electric vehicle manufacturer, saw delivery numbers

Tesla Inc.'s (TSLA) stock is still soaring today even though registrations for its vehicles made in China plunged in July. It seems a price target increase from an analyst and a five-for-one stock split are boosting investor euphoria to the point that bad news from China doesn't even matter.

China registrations don't weigh on Tesla stock

Bloomberg reported on Monday that registrations of Tesla vehicles made in China plunged last month, but the stock wasn't even affected by that. Data from the state-backed China Automotive Information Net reveals a 24% month-over-month decline in registrations of Tesla vehicles made in

With the oil and gas industry in turmoil alongside the pandemic, several electric vehicle companies have seen record numbers over the last several weeks, including NIO Inc. (NIO), Nikola Corp. (NKLA), BYD Co. Ltd. (BYDDF) and Tesla Inc. (TSLA).

GuruFocus' 52-Week High screener places the vehicles and parts industry 16th overall, with 123 stocks trading within 10% of their 52-week highs. The majority of these EV companies are trading at least 50% above their 52-week lows.

NIO

June 25 saw NIO trading at $6.97 per share with a market cap of $7.98 billion. The company is currently showing two

Orders for Tesla Inc. (TSLA) vehicles in China are predicted to reach approximately 6,400 this quarter following the company’s Jan. 7 groundbreaking ceremony of its Gigafactory in Shanghai and a new purchase tax exemption, which will save buyers an estimated 99,000 yuan ($14,000) on a new Tesla.

Tesla shares were up 3.88% to an all-time high of $469.06 on Tuesday for a market cap of $84.55 billion following the optimism of the groundbreaking ceremony. Analyst sales forecasts are all over the place, ranging from conservative estimates of 21,000 China-built Model 3s for the year (from LMC Automotive) to more optimistic

NIO Inc. (NIO) is the Chinese counterpart to Tesla (TSLA). In other words, it is the country's largest producer of luxury electric vehicles and it struggles due to insufficient free cash flow. The company started out with a hypercar and has since been bringing more pedestrian electric vehicles to market, like the ES6.

The company is arguably a great short, as it is out of money and needs to raise capital by diluting current shareholders if it wants to survive.

On Dec. 30, the stock went up 53% in price, so quite a few shorts were squeezed out. This makes

NIO Inc. (NIO) has been in dire financial straits for months. After a disastrous quarterly earnings report in September, the Chinese electric vehicle company saw its stock plummet amid fears of imminent bankruptcy. NIO has managed to keep the lights on thanks to rounds of aggressive cost-cutting, including significant employee layoffs.

While helpful, NIO’s efforts to economize will likely not be enough to keep the young electric vehicle business afloat for much longer. NIO needs cash. Badly. Unfortunately, this has proven rather hard to come by lately.

Cash crunch continues

On Sept. 24, Sanford C.

NIO Inc. (NIO), a Chinese electric vehicle company, has continued to limp along despite facing rapidly depleting cash, anemic demand and key management departures.

This week, Piper Jaffray became the latest Wall Street shop to chronicle the strange travails of the struggling company. Despite initiating coverage with a “Neutral” rating, Piper’s analysts could find little cause for optimism.

Not enough revenue

NIO has pinned its hopes on a rapid growth story. It is betting it can increase revenue sufficiently by gaining market share in the luxury SUV market. Yet while this strategy might have some

NIO Inc. (NIO) is in desperate need of cash. The struggling Chinese luxury electric vehicle company has been on the ropes since reporting its second-quarter earnings in September.

While the company's equity continues to show some hope of a turnaround, the prospect appears increasingly farfetched.

Emergency financing through personal leverage

On Sept. 24, analysts at Sanford C. Bernstein determined that “NIO’s liquidity is now measured in weeks.” As we remarked in a Sept. 29 research note, the company has just two options:

“With precious little cash left in the

NIO Inc. (NIO) once dreamed of conquering China’s fragmented (and increasingly saturated) luxury electric vehicle market. It claimed it could leapfrog the legacy automakers and established EV companies alike. Alas, reality has a tendency to punish companies that rely on fantasy over facts. NIO experienced a painful collision with financial reality when it reported second-quarter earnings on Sep. 24. The Chinese EV startup’s stock was seriously mangled in the crash.

With its bank balance fast approaching zero, NIO faces a serious cash crunch. With little prospect of turning things around operationally anytime soon, NIO’s only serious hope now

NIO Inc. (NIO) is down more than 41% after reporting its second-quarter earnings on Sep. 24. The Chinese electric vehicle company fell well short of market expectations, with higher-than-expected cash burn despite sequential growth in delivery numbers.

With demand apparently fizzling out, NIO is rapidly running of cash. If it cannot raise external funding soon, it could be at risk of going under.

Earnings disaster

NIO managed to beat expectations on revenue, but only barely. On every other metric, the company had a disastrous quarter. In a research note following the earnings release, Bernstein analysts laid out the sheer

As of Sept. 24, the following companies have underperformed their industries as well as the S&P 500 Index.

Shares of these stocks have fallen so far this year, over the past year and past five years. In contrast, the S&P 500, which is the benchmark for U.S. stocks, has gained 18.3% so far this year, rose nearly 2% over the past year and more than 50% over the past five years.

These companies are also either not growing their dividend or are not paying one.

Additionally, the forward dividend yield and the trailing 12-month dividend yield are ranked lower than