BYDDY News and Press, BYD Co Ltd ADR From 07/07/23

2023-07-07 08:51:43 ET Summary Global electric car sales for May 2023 were up 50% YoY to 16% share - China sales were up 54% to 35% share, Europe was up 38% to 23% share, USA was up 68% to 8% share. EV market news - Ford, GM and Rivian, Volvo & Polestar to join Tesla's EV char...

2023-07-06 19:04:49 ET Summary Tesla, Inc. reported record sales in Q2, with China accounting for over half of the automaker's global sales. However, domestic competitors in China are gaining ground on Tesla. Investors are looking to Tesla's Q2 earnings report, expected on 19 July...

2023-07-05 13:08:38 ET Summary Tesla, Inc. is expected to encounter unprecedented competition during 2025/2026. However, armed by revamped current models, the Cybertruck, and two new models, Tesla will be tough to unseat. Profit margins are bound to rebound as economies of sca...

2023-07-03 17:44:57 ET Summary BYD, Li Auto, NIO, Tesla, and XPeng have announced their June and Q2 delivery numbers, with BYD leading in sales with 253,000 new energy vehicles sold in June. Li Auto, focusing on plug-in hybrids, sold 33,000 vehicles in June, a 150% YoY increase, w...

2023-07-03 12:05:47 ET Summary Tesla, Inc. has surprised markets with a robust Q2 2023 delivery beat that outperformed consensus estimates by wide margins. The results underscore that Tesla's touch-and-go volumes-over-profitability strategy this year, ladened by aggressive price c...

2023-07-03 09:34:33 ET Summary A significant portion of Tesla, Inc.'s potential lies in self-driving technology, energy, and artificial intelligence, in addition to its core car business and charging network, and I discuss my personal experience with the latest updates. Tesla's va...

2023-06-30 12:34:58 ET Summary We remain sell-rated on Tesla stock, as we believe the company’s 132% YTD rally is not driven by fundamentals and believe the stock doesn't present a favorable risk-reward profile in 2H23. We expect Tesla’s financials to be under pressu...

2023-06-30 11:47:27 ET Summary Share price charts don’t lie. Tesla is a clear winner over Toyota both in the long term and also the past six months. In 2022, Tesla’s operating margin of 16.8% was second to Ferrari (24%) while Toyota was ranked 10th (7.2%). Toyota...

2023-06-27 16:00:14 ET Summary Tesla, Inc. faces increasing competition in the electric vehicle market, with Toyota's recent battery development and electric vehicle design posing a threat to the company's financial position. Tesla's operating income margin in Q1 2023 was 11.42%, ...

2023-06-23 19:05:47 ET Summary Tesla, Inc. CEO Elon Musk has stated that Tesla's valuation is dependent on the company managing to develop autonomous self-driving, that's risky. A high valuation doesn't mean you just have to grow into that valuation, it means you have to grow into...