Tesla has once again lowered prices of its EVs — this time for U.S. buyers — as the automaker scrambles to shore up demand. This is at least the fourth time the automaker has discounted its vehicles, or offered credits, in the past several months. The price reduction trend kicked off in October when Tesla… Continue reading Tesla keeps slashing prices, this time by as much as 20%
Tag: Tesla
1 Electric Vehicle Stock to Buy Hand Over Fist in 2023 and 2 to Avoid Like the Plague
Reuters Tesla turns up heat on rivals with global price cuts The move, which prompted a 5.6% fall in Tesla’s shares, came after CEO Elon Musk warned that the prospect of recession and higher interest rates meant it could lower prices to sustain volume growth at the expense of profit. Musk acknowledged last year that… Continue reading 1 Electric Vehicle Stock to Buy Hand Over Fist in 2023 and 2 to Avoid Like the Plague
Tesla Stock Vs. BYD Stock: Tesla Slashes U.S., European Prices; BYD Continues Global Expansion
Reuters Huawei-backed Aito cuts prices in China, following Tesla SHANGHAI/BEIJING (Reuters) -Chinese automaker Seres Group has cut starting prices for its Aito electric cars by 30,000 yuan ($4,460) from Friday, following price cuts by Tesla last week and fuelling expectations of a wider price war. The Aito M5 and M7 electric sports-utility vehicles, which were… Continue reading Tesla Stock Vs. BYD Stock: Tesla Slashes U.S., European Prices; BYD Continues Global Expansion
Exclusive-Chinese EV maker BYD to build Vietnam component plant – sources
By Phuong Nguyen and Francesco Guarascio HANOI (Reuters) – Chinese electric vehicle (EV) maker BYD Auto Co plans to build a plant in Vietnam to produce car parts, three people with knowledge of the plan told Reuters, in a move that would reduce the company’s reliance on China and deepen its supply chain in Southeast… Continue reading Exclusive-Chinese EV maker BYD to build Vietnam component plant – sources
GWM mise sur les énergies nouvelles et réalise plus d’un million de ventes en 2022
BAODING, Chine, 13 janvier 2023 /PRNewswire/ — GWM a publié son dernier rapport de ventes qui indique que ses ventes mondiales ont atteint 1 067 523 unités en 2022, dépassant ainsi le million de ventes pour la septième année consécutive. Au total, 173 180 véhicules ont été vendus sur les marchés hors de la Chine, soit une hausse de 21,28 % en glissement annuel,… Continue reading GWM mise sur les énergies nouvelles et réalise plus d’un million de ventes en 2022
GWM konzentriert sich auf neue Energien und erzielt 2022 einen Umsatz von über einer Million
BAODING, China, 13. Januar 2023 /PRNewswire/ — GWM gab in seinem jüngsten Verkaufsbericht bekannt, dass der weltweite Umsatz im Jahr 2022 1.067.523 Einheiten erreicht und damit sieben Jahre in Folge die Millionengrenze überschritten hat. Insgesamt 173.180 Fahrzeuge wurden in Märkten außerhalb Chinas verkauft, ein Anstieg von 21,28 % im Vergleich zum Vorjahr und damit ein Rekordwert. Continue Reading Focusing on… Continue reading GWM konzentriert sich auf neue Energien und erzielt 2022 einen Umsatz von über einer Million
Friday’s top tech news: unexpected price cuts at Tesla
A Tesla Model Y at a recent trade show.Photo by Vernon Yuen/NurPhoto via Getty Images After months of incremental price increases, Tesla appears to be reversing course with some massive price cuts. With Tesla having dissolved its PR department, no official reason for the cuts was given, but the company’s recent disappointing financial performance could… Continue reading Friday’s top tech news: unexpected price cuts at Tesla
Tesla cuts electric car prices across Europe and US to bolster demand
What is included in my trial? During your trial you will have complete digital access to FT.com with everything in both of our Standard Digital and Premium Digital packages. Standard Digital includes access to a wealth of global news, analysis and expert opinion. Premium Digital includes access to our premier business column, Lex, as well… Continue reading Tesla cuts electric car prices across Europe and US to bolster demand
Untitled
NEW YORK, Jan 13 (Reuters) – Elon Musk is set to become the rare CEO to fight a securities class action at trial next week, where he will defend his 2018 tweet announcing he had “funding secured” to take Tesla Inc (TSLA.O) private. Musk is essentially doubling down after suffering an initial setback last year,… Continue reading Untitled
German Handelsblatt: Sports cars: 16 percent drop in sales: Taycan electric model worries Porsche005945
Porsche Taycan at the Los Angeles Auto Show The decline in sales worsened in the fourth quarter. (Photo: AFP/Getty Images) The Taycan electric sports car is causing increasing concern for the newcomer Porsche. Sales boss Detlev von Platen speaks of an “unchanged high level of orders.” But last year, Porsche was only able to deliver… Continue reading German Handelsblatt: Sports cars: 16 percent drop in sales: Taycan electric model worries Porsche005945