Tesla stock extends losses on BYD charging advancement

00:00 Speaker A Tesla, those shares falling after Chinese automaker BYD unveiled a lineup of electric vehicles that it said can charge almost as fast as it takes to refuel a regular standard combustion engine vehicle car. Now, separately, RBC analyst Tom Narayan slashed his price target on Tesla to $320 from $440, citing lower estimates for the pricing of its full self-driving technology, FSD, and robotaxi penetration here. There you’re seeing shares of Tesla down by about 4%. Notably, he is one of the bulls on the street on Tesla here, bringing down his price target, but still implies…