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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 06:32:51 ET Summary It was an exciting quarter, and many tech stocks outperformed the market significantly. Unfortunately, not everything was like tech, and many segments underperformed in Q2. While the AWP's tech holdings shot up by 23.5%, other sectors dragged dow...
XPeng Inc. (NYSE: XPEV) is one today's most active stocks by volume. So far today, approximately 20.46M shares of XPeng Inc. have been exchanged, as compared to an average 30-day volume of 17.26M shares. XPeng Inc. designs, develops, manufactures, and markets smart electric vehicles in the Peo...
2023-07-03 23:12:08 ET Summary Chinese EV start-up XPeng has seen a significant downturn in its delivery prospects, with June deliveries down 43% Y/Y due to rising pricing pressure, increased competition and weakening demand. The company's Q2'23 outlook is also weak, with expected...
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 16:00:00 ET Shares of multiple electric vehicle makers soared on Monday because of positive delivery numbers across the board. In this video, I will go over these numbers for Xpeng (NYSE: XPEV) , Tesla (NASDAQ: TSLA) , Rivian (NASDAQ: RIVN) , Nio (NY...
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 08:41:08 ET PainReform ( PRFX ) +22% . Alvotech ( ALVO ) +19% . Ensysce Biosciences ( ENSC ) +12% . Alliance Entertainment ( AENT ) +10% . Great Ajax AJX +9% on plans to be acquired by Ellington Financial for $7.33...
2023-07-03 07:07:32 ET BYD Group ( OTCPK:BYDDF ), backed by Warren Buffett's Berkshire Hathaway ( BRK.A ), delivered strong performance in June with the sale of 253,046 new energy vehicles, a 5.3% rise M/M. The company's sales nearly doubled compared to the previous year, ...
2023-07-01 05:31:00 ET XPeng ( NYSE: XPEV ) reports delivery growth for five consecutive months in June, with delivery of 8,620 Smart EVs, up 15% M/M, with the P7 series deliveries up 17% over the prior month. The electric vehicle company topped guidance range of ...
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XPENG and the Volkswagen Group will jointly develop industry-leading E/E Architecture for all locally produced vehicles based on Volkswagen’s China Main Platform (CMP) and Modular Electric Drive Matrix (MEB) platform The first vehicle equipped with the jointly developed E/E Archite...
2024-07-19 12:52:00 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...