BYDDY News and Press, BYD Co Ltd ADR From 04/19/23

2023-04-19 17:36:09 ET Summary Defying anti-EV pundits who pushed the "not enough lithium" narrative, the price of lithium has dropped 50%-plus over the past six months. That drop has resulted in the key component of EVs - the battery pack - to fall. And that has made EVs much...

2023-04-19 17:15:57 ET Summary Tesla, Inc. reported disappointing Q1 sales, with a rapid sequential decline to its auto gross margins (ex-credits). The results indicate aggressive price cuts implemented this year have been insufficient to stem deteriorating demand across the indus...

2023-04-18 06:56:57 ET Nissan Motor ( OTCPK:NSANY ) and Polestar ( NASDAQ: PSNY ) both grabbed attention at the Shanghai Auto Show on Tuesday, providing investors with insight on their long-term plans. Japanese automaker Nissan ( OTCPK:NSANY ) made a splash by re...

2023-04-17 13:43:28 ET Summary XPeng's latest platform has thrilled investors, promising to reduce costs and enhance the company's competitive edge. However, management must start delivering to prove its worth and justify aggressive growth estimates. The brutal market share ba...

2023-04-14 02:45:00 ET Stock Traders Daily has produced this trading report using a proprietary method.  This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...

2023-04-13 18:21:30 ET Summary Recently, Warren Buffett said that political risk was a factor in his unexpected decision to sell Taiwan Semiconductor Manufacturing Company Limited stock. He also called Taiwan Semiconductor the strongest company in the chip industry. Taiwan Sem...

2023-04-12 08:30:31 ET Summary Rivian posted a deliveries/production ratio of 85% for Q1, much lower than Tesla's 96% metric. Auto production could overshoot sales this year, hampering Rivian's ability to close the gap over its production. Tesla could continue to cut prices fu...

2023-04-10 13:15:43 ET Summary A recent trip to China after the country reopened for tourism gives a glimpse into how rapid NIO's presence has grown in the five years since SOP. Conversations with prospective buyers in the two diverse economic regions also highlight key barriers t...

2023-04-08 05:29:00 ET Summary Global electric car sales Feb. 2023 were up 49% YoY to 14% share. China sales up 56% YoY to 33% share. Europe up 14% YoY to 20% share. EV market news - EV demand sentiment was weighed on by some automakers in China heavily discounting ICE vehicles in...

2023-04-06 15:14:02 ET Summary Wall Street has once again begun to ignore the obvious problems that have accumulated like a snowball in Tesla and the entire auto industry. The latest Tesla delivery data shows overproduction problems - and that's amid losing EV market share. Th...