GM takes on Tesla in home and commercial energy storage, management
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Tesla (TSLA) Model Y Becomes Best-Selling Car in Germany
October 12, 2022 8:20 AM EDTElectric vehicle maker, Tesla (NASDAQ: TSLA) continues to be the best-selling BEV in Germany after reporting September numbers showing that the company sold almost 14k units in the country, over 6% market share. While Tesla has long been the best-selling BEV in Germany, in September it was the best-selling car, considering all powertrains overtaking local best-selling models from... More
China Adds Tesla (TSLA) Models S/X to Purchase Tax Exemption List
October 11, 2022 8:02 AM EDTChinas Ministry of Industry and Information Technology (MIIT) recently released its updated Catalogue of New Energy Vehicle Models Exempted from Vehicle Purchase Tax, and it included Teslas (NASDAQ: TSLA) new Model S and Model X vehicles. The two flagship vehicles are now... More
Goldman Sachs Updates Auto Forecast: 'We Prefer TSLA and GM'
October 11, 2022 7:47 AM EDTGoldman Sachs updated their automotive industry forecast to reflect continued macroeconomic and financial market headwinds along with easing chip constraints and added policy support for electric vehicles. Overall, Goldman Sachs global auto forecast for production and sales moves slightly lower for 2023-2025. However, EV assumptions increased.
Goldman Sachs continues to expect auto production to trend higher from a low base as chip shortages ease, although they expect the magnitude to be impacted by softer demand. Overall, global auto production is now expected to be 81.7/82.8/85.6/87.3 mn (vs. 78.9/84.1/88.4/90.2 mn prior).
Analyst, Mark... More
