Tesla (TSLA) January weekly option implied volatility above 100 as shares sell off 5%

Britishvolt speaking with investors about possible sale

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

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

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

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

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

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