Tesla's Dec sales of China-made cars fall to the lowest in five months
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Britishvolt speaking with investors about possible sale
January 9, 2023 2:19 PM ESTBritishvolt, an EV battery startup located in the U.K., announced Monday that the company has entered talks with investors about selling a majority stake in the company. However, the company chose not to disclose any names.
Management said back in November that Britishvolt had received some short-term... More
Berkshire Hathaway sells 1M BYD shares
January 9, 2023 7:12 AM ESTAccording to a filing with the Chinese stock exchange, Berkshire Hathaway, the investment company owned by Warren Buffett, has sold 1.058 million Hong Kong-listed shares of electric vehicle maker BYD at an average price of HK$191.44 ($24.52) per share.
The sale lowered Berkshire's holdings in BYD's total issued H-shares to 13.97%... More
Tesla (TSLA) delivery times extended as China discounts stoke demand
January 9, 2023 7:01 AM ESTAccording to Teslas (NASDAQ: TSLA) website, the waiting times for potential buyers of some versions of the Model Y in China may need to wait a little longer as price cuts announced Friday stoke demand in the electric vehicle maker's second-largest market.
Since Tesla cut prices by 6% to... More
Citi says XPeng (XPEV) will suffer most from Tesla (TSLA) price cut
January 6, 2023 11:20 AM ESTElectric 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 ESTXPeng 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 ESTShares 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) will continue to grow due to global regulations - Edward Jones
January 5, 2023 1:57 PM ESTEdward Jones analyst Jeff Windau upgraded Tesla (NASDAQ: TSLA) to Buy from Hold, also adding the stock to the firm's Focus List in a note to clients on Thursday.
At the time of writing, Tesla shares are down almost 3%, following a more than 5% gain in Wednesday's session.
The... More

