Stock Market Today: Dow ends higher on dip-buying into close after Fed minutes

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Go back to Stock Market Today: Dow ends higher on dip-buying into close after Fed minutes

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