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2024-04-04 07:12:02 ET Treasury Secretary Janet Yellen is landing in China on Thursday for the second time in the past year. The trip will include four days of meetings with top Chinese officials, such as Vice Premier He Lifeng and Wang Weizhong, the governor of the manufacturing and ex...
2024-04-04 04:30:50 ET Summary BYD has been gaining ground on Tesla, and is now one of the world’s largest producers of new energy vehicles (NEVs). In Q4 2023, BYD actually surpassed Tesla for the first time, and delivered more battery-electric vehicles (BEVs). However, new...
2024-04-04 03:01:00 ET Summary The price competition in the Chinese EV industry is worsening in early 2024, as industry leaders like BYD have to offer heavy discounts to safeguard their market share. The Company is losing its competitive edge, as customers are switching their focu...
2024-04-02 08:30:00 ET Summary Tesla, Inc. stock performance in Q1 was disappointing, finishing as the worst-performing stock in the S&P 500. CEO Elon Musk also lost his position as the world's richest person to Jeff Bezos. Tesla needs a pleasant surprise with its upcoming...
2024-04-01 17:27:15 ET BYD Company (BYDDY, BYDDF) passenger vehicle sales rose 14% in the year-to-date to 624,398 with pure electric vehicle sales up 13% to 300,114. Sales of plug-in hybrids, which make up roughly half of all BYD vehicle sales, increased by 14.5% to 324,284 vehicles. ... ...
2024-04-01 14:34:01 ET Summary When I last covered Tesla, Inc., I provided fairly bearish commentary, on the grounds that the company's margins were likely to shrink due to increased competition. Since then, the company's margins have shrunk, but it has made progress on "full self...
2024-04-01 03:50:08 ET Summary Tech stocks are running hot in 2024, with the NASDAQ-100 approaching 40 times earnings. Most tech companies haven't delivered the kinds of results that justify such valuations. For this reason, I'm prioritizing income for fresh buys in 2024. This...
2024-03-30 13:00:00 ET InvestorPlace - Stock Market News, Stock Advice & Trading Tips Electric vehicles ( EVs ) are likely to be the key piece steering the future of private transportation. The world is transitioning from gasoline-only vehicles to hybrids and EVs. Unfortunat...
2024-03-28 10:18:57 ET Summary BYD is growing fast and has industry-leading volumes. BYD's margins are improving, while many peers are unprofitable. The stock is trading at an undemanding valuation. Article Thesis Read the full article on Seeking Alpha For fu...
2024-03-27 22:04:28 ET Summary BYD missed earnings estimates, but still reported record annual profits. as well as 80%+ Y/Y earnings growth. BYD's exports continue to grow rapidly, potentially offering the company a hedge against slowing EV demand in its domestic market. BYD's...