Investors speculate that Trump may favor Tesla due to CEO Elon Musk’s financial contributions to a pro-Trump campaign. Go to Source
Author: Tech In Asia Online News
Tesla gains 14.8% as EV rivals slump on policy outlook
The electric car maker may benefit if subsidies for alternative energy decrease and tariffs on Chinese imports increase. Go to Source
Judge to rule on $56b Tesla pay deal for Elon Musk
Elon Musk’s 2018 compensation package is the largest ever recorded in corporate America. Go to Source
BYD surpasses Tesla in Q3 earnings
BYD’s revenue surged by 24% in Q3, aided by government incentives for EV purchases. Go to Source
Waymo pioneers new self-driving model using Gemini AI
Waymo’s new model processes sensor data to enhance vehicle navigation and obstacle avoidance. Go to Source
Xiaomi unveils SU7 Ultra EV to compete with Tesla
The vehicle is positioned to compete with Tesla’s Model S Plaid. Go to Source
Kia’s Q3 revenue up $19.1b in EV sales
Kia’s global retail sales of electrified vehicles increased by 3.6%, reaching 155,000 units. Go to Source
China’s Zeekr unveils family-friendly electric car
The vehicle costs between around US$39,339 to US$42,150. Go to Source
Musk’s net worth rises by $26b after Tesla shares surge
Tesla’s stock saw its second-largest rise since its 2010 IPO. Go to Source
Tesla shares surge 12% in Q3
The company’s net income for the quarter rose to US$2.17 billion from US$1.85 billion the previous year. Go to Source