Tesla is planning to introduce a six-seat version of its popular Model Y electric vehicle in China by late 2025, according to Reuters sources familiar […]
Tag: automotive industry
Tesla China Reports Strong Q3 Growth Despite Slight Dip in Weekly Registrations
Tesla continues to demonstrate strong performance in China, despite a slight dip in weekly insurance registrations. Last week, Tesla reported 14,200 insurance registrations in China, […]
Tesla Q2’24 Recap: Revenue Surges to $25.5B, EPS Misses at $0.52, Strategic Focus on New Models and Profitability Targets
Earnings Per Share (EPS): – Actual EPS was $0.52, slightly below the estimated $0.62, indicating a shortfall. Revenue: – Tesla reported revenue of $25.5 billion, […]
Li Auto’s Founder Defends MEGA Against Cultural Backlash: Navigating Challenges in the EV Landscape
Li Xiang, founder of Li Auto, recently took to WeChat Moments to staunchly defend the company’s flagship electric vehicle (EV), MEGA, against mounting criticism. The […]
Goldman Sachs Advises Caution on Tesla and Rivian Pricing Strategies, Maintains Tesla PT at $220 and Rivian TP at $13
Goldman Sachs cautions Tesla $TSLA and Rivian $RIVN against hasty price reductions, emphasizing the need for careful consideration. Analyst Mark Delaney’s analysis indicates that both […]
Tesla Faces Second Consecutive Month of China Sales Dip: 15.5% Decrease in February Highlights Domestic Market Resilience Amid Global Challenges
Tesla’s shipments from its Shanghai factory hit a more than one-year low due to a sales slowdown during the Lunar New Year holiday and increased […]
Tesla Explores Investment in Thailand: Site Survey and Green Energy Offer Signal Advancements in EV Production Plans
Ongoing negotiations between Tesla and Thailand for potential investment have been confirmed by Thai PM Secretary-General Prommin. In addition to these talks, Tesla has taken […]
BYD Positioned to Challenge Tesla in Electric Vehicle Sales, TrendForce Forecasts
In the competitive landscape of electric vehicles (EVs), BYD emerges as a formidable contender, poised to challenge Tesla’s stronghold on the market. According to TrendForce’s […]