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Citi says XPeng (XPEV) will suffer most from Tesla (TSLA) price cut

January 6, 2023 11:20 AM EST

Electric vehicle maker, Tesla (NASDAQ: TSLA) announced on Friday that the company has cut the price of various model configurations of Model 3 and Model Y, with MSRP of entry-level Model 3 down by Rmb36,000 to Rmb229,900 and that of entry-level Model Y down by Rmb29,000... More

XPeng Inc. (XPEV) 'to Suffer The Most' on Tesla (TSLA) China Price Cut - Citi

January 6, 2023 7:26 AM EST

XPeng Inc. (NYSE: XPEV) 'to Suffer The Most' on Tesla (NASDAQ: TSLA) China Price Cut - Citi

Citi analyst Jeff Chung comments "On 6 Jan, Tesla China announced price cut on various configurations of Model 3 and Model Y,... More

Tesla (TSLA) falls following latest round of price cuts; Li, Nio and XPeng also drop

January 6, 2023 7:11 AM EST

Shares of Tesla (NASDAQ: TSLA) are down 5.76% in pre-market trading Friday after the electric vehicle maker announced a cut to car prices in China and other Asian markets as part of efforts to stoke demand for output from its Shanghai plant.

According... More

Tesla (TSLA) files to expand trademark to 'not for land vehicles'

January 4, 2023 1:55 PM EST

In an exclusive report by Electrek, Tesla (NASDAQ: TSLA) has filed to extend its trademark to include electric motors "not for land vehicles," hinting that the electric vehicle... More