Reuters Factbox-Details of Tesla price cuts in China, other Asian markets Tesla slashed prices for all versions of its Model 3 and Model Y cars in China by between 6% to 13.5%, according to Reuters calculations based on the prices shown on its website. The latest cut in China, along with a price cut in… Continue reading Tesla stock sinks toward 2 1/2-year low after China price cuts, dragging Nio, XPeng and Li down with it
Tag: Tesla
Buffett-Backed BYD Trounces Tesla as China Economy Reopens
(Bloomberg) — While shares of Tesla Inc. are melting down lately on demand concerns, Chinese rival BYD Co. is on a tear as investors applaud its record sales year and widening footprint in the world’s biggest electric vehicle market. Most Read from Bloomberg The US-listed shares of Warren Buffett-backed BYD have gained 8.5% over the… Continue reading Buffett-Backed BYD Trounces Tesla as China Economy Reopens
Germany tells Musk it expects Twitter to fight disinformation, article with image
BERLIN, Jan 6 (Reuters) – Germany’s digital minister recently met Elon Musk to clarify what Berlin expects from Twitter, especially in fighting disinformation, since the Tesla founder took over the social media firm, the digital ministry said on Friday. Digital and Transport Minister Volker Wissing, who was in California at the start of 2023, told… Continue reading Germany tells Musk it expects Twitter to fight disinformation, article with image
South Korea’s SK On plans a new, lower cost EV battery by 2025
Chinese battery makers dominate world LFP production, supported by strong demand from home-market automakers. By Joseph White South Korea’s SK On plans to produce a new, lithium-iron-phosphate electric vehicle battery by 2025 as part of an effort to deliver lower-cost batteries to automakers squeezed by rising EV costs, a senior executive of the company said… Continue reading South Korea’s SK On plans a new, lower cost EV battery by 2025
Tesla (TSLA) slashes prices in China, raising demand concerns
Tesla has slashed Model 3 and Model Y prices by as much as the equivalent of $7,000 in China – raising demand concerns in the important market. We just reported earlier today that there are increasing demand concerns for Tesla in China. One of the most significant indicators that Tesla is having demand issues is… Continue reading Tesla (TSLA) slashes prices in China, raising demand concerns
Tesla finally offers alternative to the steering yoke
/ All hail the return of the round steering wheel as an option on the Tesla Model S and X. Now how about a turn signal stalk? Good news for folks who dislike the yoke-only steering wheel on the Tesla Model S and Model X — you can now configure the vehicles with a round… Continue reading Tesla finally offers alternative to the steering yoke
German Manager Magazin: Tesla share with price drop: renewed price reduction in China puts share under pressure002228
The US electric car pioneer Tesla has in the important car market China reduced its prices again due to sales problems, putting the entire auto sector on the stock market under pressure. In the leading German index Dax, the papers of VW-Holding Porsche SE, Porsche AG, Mercedes-Benz, bmw and Volkswagen the last five places in… Continue reading German Manager Magazin: Tesla share with price drop: renewed price reduction in China puts share under pressure002228
Gallery
Jan 6 (Reuters) – Tesla (TSLA.O) cut electric car prices in China and other Asian markets on Friday, part of efforts to stoke demand for output from its Shanghai plant, a person with direct knowledge of the plan said. read more Following are details of the price cuts: CHINA Tesla slashed prices for all versions… Continue reading Gallery
Tesla slashes Model 3, Model Y prices in China for the second time in three months
Earlier today, Tesla quietly announced new pricing for the China market. The Model 3 and Model Y saw their prices cut drastically, and Tesla finally revealed the pricing for the high performance Plaid edition of the Model S and Model Y, both of which were not previously sold in market. This is the second pricing… Continue reading Tesla slashes Model 3, Model Y prices in China for the second time in three months
Tesla finally breaks and offers round steering wheel on Model S/X
Tesla is finally giving up on only offering its controversial “yoke” steering wheel by starting to give the option of a round steering wheel for Model S and Model X. When Tesla unveiled the new Model S with the “yoke” butterfly steering wheel, it was controversial. Some were worried about the actual shape of the… Continue reading Tesla finally breaks and offers round steering wheel on Model S/X