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2023-09-29 05:38:00 ET The electric vehicle (EV) market is jam-packed with competitors ranging from younger entrants such as Tesla , Rivian , or Polestar to legacy automakers like Ford looking in new directions. One of the biggest end markets for EVs is China. And while ...
2023-09-27 07:00:00 ET Summary NIO's stock slumped after news of a convertible bond offering, but the company's underlying business growth has picked up. NIO issued $1 billion worth of convertible bonds to fund manufacturing capacity and retail expansion. Market worries about ...
2023-09-26 16:32:10 ET Summary Tesla, Inc. Shanghai's capacity is 1 million units a year. A quarter of Shanghai's output is exported to Europe. European antidumping measures could eliminate those sales. Tesla Shanghai will generate little profit at 75% capacity utilization. ...
2023-09-20 13:33:05 ET InvestorPlace - Stock Market News, Stock Advice & Trading Tips If you’re looking for Charlie Munger stocks to buy, it turns out the best place to look is a relatively unknown Chinese-American portfolio manager named Li Lu. Over the summer, sto...
2023-09-16 00:00:00 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...
2023-09-13 11:45:52 ET InvestorPlace - Stock Market News, Stock Advice & Trading Tips Just as China’s electric vehicle (EV) market has started to boom, it has been faced with a major obstacle. The European Union ( EU) has announced an investigation into the subsid...
2023-09-13 09:51:42 ET Summary Tesla stock continues to offer investors an exciting value proposition, anchored on advanced EV technology and strong brand. The new Model 3 launch focuses on product quality rather than price reductions. Tesla's global market share has dipped, b...
2023-09-11 10:56:39 ET Summary Global electric car sales July 2023 up 41% YoY to a 16% share. China sales are up 31% to a 38% share. Europe sales are up 48% to a 23% share. USA sales are up 53% to a 9% share. EV market news - The IEA is forecasting 14m global plugin electric car s...
2023-09-07 13:53:23 ET Summary BYD Company Limited is already profitable and delivering a significant amount of EV products globally. BYD's Q2 2023 profits soared and the firm achieved record sales. BYD sold 274,386 electric vehicles in August, showing a significant increase in de...
2023-09-07 13:14:21 ET Summary Tesla, Inc.'s dwindling margins emphasize its identity as an automaker, refuting the claims of staunch supporters that it deserves a different valuation. Tesla begins to face the hurdles of traditional car companies, including supply chain disruptions, c...