Tesla sold 32,968 China-made vehicles in July, local sales plunged m/m

A Tesla car pictured at a charging point in Beijing, China, April 13, 2018. REUTERS/Thomas Peter/File Photo BEIJING, Aug 10 (Reuters) – U.S. electric vehicle maker Tesla Inc (TSLA.O) sold 32,968 China-made vehicles in July, including 24,347 for export, the China Passenger Car Association (CPCA) said on Tuesday. Local sales of China-made vehicles plunged 69%… Continue reading Tesla sold 32,968 China-made vehicles in July, local sales plunged m/m

Tesla sold 32,968 China-made vehicles in July -CPCA

A Tesla car pictured at a charging point in Beijing, China, April 13, 2018. REUTERS/Thomas Peter/File Photo BEIJING, Aug 10 (Reuters) – U.S. electric vehicle maker Tesla Inc (TSLA.O) sold 32,968 China-made vehicles, including those for export, in July, the China Passenger Car Association (CPCA) said on Tuesday. The company, which makes Model 3 sedans… Continue reading Tesla sold 32,968 China-made vehicles in July -CPCA

Electric Cars for Everyone? Not Unless They Get Cheaper.

The people here are not Hollywood stars or billionaire tech entrepreneurs who might own Ferraris and private jets. But they are well off. The median household income in the area exceeds $165,000, and half the homes are valued at more than $1 million. Eight in 10 residents have at least an undergraduate degree. As early… Continue reading Electric Cars for Everyone? Not Unless They Get Cheaper.

Crashes involving Tesla Autopilot and other driver-assistance systems get new scrutiny.

A federal safety agency told automakers on Tuesday to begin reporting and tracking crashes involving cars and trucks that use advanced driver-assistance technology such as Tesla’s Autopilot and General Motors’ Super Cruise, a sign that regulators are taking the safety implications of such systems more seriously. Automakers must report serious crashes within one day of… Continue reading Crashes involving Tesla Autopilot and other driver-assistance systems get new scrutiny.

Company News for Aug 9, 2021

TipRanks Moderna: The Tesla of Biotechs The stock market is often a vehicle for storytelling. That is, sentiment around a particular company can be driven by the narrative associated with it. The most notable example might be Tesla, where its mighty valuation is at odds with its actual real-world performance, promising that may be, and… Continue reading Company News for Aug 9, 2021

Wolfsburg, we have a problem: How Volkswagen stalled in China

By Yilei Sun and Tony Munroe BEIJING (Reuters) – In late December 2019, managers at Volkswagen headquarters in Wolfsburg realised they might have a serious problem in China, the company’s biggest market and ticket to its electric future. Its flagship Passat sedan had fared badly in an unofficial safety test carried out by an insurance… Continue reading Wolfsburg, we have a problem: How Volkswagen stalled in China

INSIGHT-Wolfsburg, we have a problem: How Volkswagen stalled in China

(Repeats for additional subscribers) By Yilei Sun and Tony Munroe BEIJING, Aug 9 (Reuters) – In late December 2019, managers at Volkswagen headquarters in Wolfsburg realised they might have a serious problem in China, the company’s biggest market and ticket to its electric future. Its flagship Passat sedan had fared badly in an unofficial safety… Continue reading INSIGHT-Wolfsburg, we have a problem: How Volkswagen stalled in China

10 Best Lithium and Phosphate Stocks to Buy Now

In this article, we discuss the 10 best lithium and phosphate stocks to buy now. If you want to skip our detailed analysis of these stocks, go directly to the 5 Best Lithium and Phosphate Stocks to Buy Now. The global efforts towards decarbonization have accelerated in the past few years with the United States… Continue reading 10 Best Lithium and Phosphate Stocks to Buy Now

Elon Musk made Tesla a success despite ignoring the golden rule that his rivals have been obsessed with for decades (TSLA)

Car companies with poor quality and reliability have had trouble breaking into the US market. Tesla has been the exception to that rule. The EV-maker has overshadowed its flaws with cutting-edge technology and strong branding. In the past 50 years, automakers have had little hope of breaking into the US market if they couldn’t master… Continue reading Elon Musk made Tesla a success despite ignoring the golden rule that his rivals have been obsessed with for decades (TSLA)