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2023-11-02 13:37:48 ET Summary Tesla, Inc. is a diversified business focused on the transition to renewable energy, not just an auto company. Asia will play a crucial role in Tesla's auto revenues, making it a key market for the company. Both Tesla and BYD Company Limited unde...
2023-10-09 10:51:08 ET Summary Global electric car sales in Aug. 2023 up 45% YoY to 18% share. China sales up 36% to 39% share. Europe up 68% to 30% share. USA up 71% to 9.5% share. EV market news - EVs to surpass ⅔ of global car sales by 2030, putting at risk nearly half o...
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...
2023-09-08 12:15:13 ET Summary Volkswagen has consistently lagged behind its industry peers in total returns over the past decade. Economic challenges in China, high interest rates affecting the demand for vehicle financing in Europe and the US, Germany's PMI contraction, create a...
2023-08-31 03:11:15 ET Summary Multiple comparisons don't work, as Porsche cars sit somewhere between the "luxury" and "premium". Strong latest results confirm that at least the lower bound yearly targets will be reached. Good results and future guidance create value for commo...
2023-08-22 17:47:37 ET Summary Porsche Automobil Holding SE is a holding company with core stakes in Volkswagen and Porsche AG. We are drawn by the appealing fundamentals of the underlying holdings as well as the excessive holding discount which we believe should eventually narrow...
2023-08-13 06:23:16 ET Summary 2Q23 revenue and gross margin met expectations and operating income surpassed expectations as Mobileye spent less operating expense than anticipated. Mobileye reiterated revenue guidance, while operating profit guidance was raised as the company dial...
2023-08-03 08:31:17 ET Summary Global electric car sales June 2023 up 38% YoY to 19% share. China sales up 28% to 38% share. Europe up 42% to 25% share. USA up 38% to 9% share. EV market news - China 6b emission standard started on July 1. China to bolster its economy. U.S. propos...
2023-07-12 09:01:35 ET Porsche Cars North America ( OTCPK:POAHY ) ( OTCPK:POAHF ) delivered a total of 18,895 cars during Q2 to contribute to an all-time record for the first six months of the year The company delivered 36,335 cars, a 12% surge from last year. ...
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...
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Porsche Automobil Holding SE ADR (POAHY) is expected to report for Q4 2023