Nio began deliveries of its new ET7, an upscale electric sedan, on Monday, March 28, 2022. Nio U.S.-traded shares of Chinese electric vehicle makers were among those hit by a dramatic sell-off Monday, as investors soured on non-state-run Chinese companies following a weekend of dramatic political developments in China. Shares of Li Auto ended the… Continue reading Nio, BYD and other Chinese EV stocks fell sharply amid sell-off
Tag: Tesla
Chinese EV maker Xpeng debuts most advanced semi-autonomous driving system to rival Tesla
Xpeng showed off its forthcoming G9 SUV at the Chengdu auto show in August 2022. China News Service | China News Service | Getty Images Chinese electric carmaker Xpeng on Monday revealed its most advanced semi-autonomous driving system as it looks to boost appeal for its vehicles amid rising competition. Xpeng took the wraps off… Continue reading Chinese EV maker Xpeng debuts most advanced semi-autonomous driving system to rival Tesla
Tesla shares closed down 1% after Elon Musk’s EV firm cuts price of cars in China
Tesla CEO Elon Musk attends an opening ceremony for Tesla China-made Model Y program in Shanghai, east China, Jan. 7, 2020. Ding Ting | Xinhua News Agency | Getty Images Tesla shares slipped as much as 7% Monday morning after the company cut the price of some of its cars in China. They were down more… Continue reading Tesla shares closed down 1% after Elon Musk’s EV firm cuts price of cars in China
Tesla cuts China prices up to 9% as analysts warn of ‘price war’
SHANGHAI (Reuters) — Tesla has cut starter prices for its Model 3 and Model Y cars by as much as 9% in China, reversing a trend of increases across the industry amid signs of softening demand in the world’s largest auto market. The price cuts, posted in listings on the electric vehicle (EV) giant’s China website… Continue reading Tesla cuts China prices up to 9% as analysts warn of ‘price war’
3 Auto Stocks Set for Q3 Earnings Beat Amid Inflationary Woes
The third-quarter earnings season for the Auto-Tires-Trucks sector kicked off last week. Two of the S&P 500 sector components have released quarterly results so far. These include electric vehicle (EV) king Tesla TSLA and auto replacement parts provider Genuine Parts Company GPC. The profitability picture thus far looks resilient in the face of headwinds (including supply chain… Continue reading 3 Auto Stocks Set for Q3 Earnings Beat Amid Inflationary Woes
Tesla cuts prices in China on concern over softening demand
In a reversal following a series of hikes his year, Tesla (TSLA) is now cutting prices in China. The automaker cut prices across the board for its offerings in China, with the entry-level Model 3 sedan dropping by nearly 5% to 279,000 yuan, and the entry level Model Y SUV’s price coming down by 9%… Continue reading Tesla cuts prices in China on concern over softening demand
Tesla cuts prices in China on concern over softening demand
In a reversal following a series of hikes his year, Tesla (TSLA) is now cutting prices in China. The automaker cut prices across the board for its offerings in China, with the entry-level Model 3 sedan dropping by nearly 5% to 279,000 yuan, and the entry level Model Y SUV’s price coming down by 9%… Continue reading Tesla cuts prices in China on concern over softening demand
These Are The 5 Best EV Stocks To Buy And Watch Now
Reuters Wall Street mixed after weak business data; Tesla drags Nasdaq U.S. stock indexes were mixed in morning trading on Monday, with the tech-heavy Nasdaq hit by a slide in Tesla and other megacap stocks while signs of a cooling U.S. economy raised hopes that the Federal Reserve will eventually slow its pace of rate… Continue reading These Are The 5 Best EV Stocks To Buy And Watch Now
Robo Taxis Global Market Report 2022: Geiger-Mode Technology Presents Lucrative Opportunities
DUBLIN, Oct. 24, 2022 /PRNewswire/ — The “Robo Taxis Global Market Report 2022” report has been added to ResearchAndMarkets.com’s offering. The global robo-taxis market is expected to grow from $1.05 billion in 2021 to $1.71 billion in 2022 at a compound annual growth rate (CAGR) of 63.3%. The robo-taxis market is expected to grow to $11.01… Continue reading Robo Taxis Global Market Report 2022: Geiger-Mode Technology Presents Lucrative Opportunities
Tesla (TSLA) pulls demand levers in China, launches referral program and cuts prices
Tesla has decided to pull on demand levers in China with the launch of a new referral program in the market and cutting prices on Model 3 and Model Y. The TSLA Stock price is down in pre-market. Over the last few months, there have been increased concerns about softening of demand for Tesla vehicles.… Continue reading Tesla (TSLA) pulls demand levers in China, launches referral program and cuts prices