Tesla's Dec sales of China-made cars fall to the lowest in five months

Go back to Tesla's Dec sales of China-made cars fall to the lowest in five months

Britishvolt speaking with investors about possible sale

January 9, 2023 2:19 PM EST

Britishvolt, 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 EST

According 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 EST

According 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 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) will continue to grow due to global regulations - Edward Jones

January 5, 2023 1:57 PM EST

Edward 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

Tesla (TSLA) Declines 4%

January 5, 2023 9:32 AM EST

Tesla (NASDAQ: TSLA) Declines 4%

... More