Tag TSLA

The latest market shenanigans come from “zero-day options,” causing sharp sell-offs or short covering rallies...

In this article, we discuss the 12 most undervalued EV stocks to buy according to hedge funds. To skip the detailed analysis of the EV industry, go directly to the 5 Most Undervalued EV Stocks To Buy. Electric vehicles (EV) have become a significant disruptor in the automotive industry. EVs have almost completely taken over […]...

Tesla (NASDAQ:TSLA) is primarily known as a company that makes electric vehicles (EVs), but that only tells part of the story. In fact, when you sum up all the different elements, says Wedbush analyst Dan Ives, a bigger picture emerges. “With Tesla production strong and OEMs lining up for access to its supercharger network, we believe the sum-of-the-parts story for Tesla is fully in stride with its newly released supercharger network OEM deals, energy business, AI-driven autonomous path, unmatch...

While Tesla Inc (NASDAQ: TSLA) gets ready to defend itself for the first time at September’s trial against allegations that its Autopilot driver assistant failure caused death, its Chinese rival BYD Company Limited (OTC: BYDDY) reported today record deliveries, retaining its crown as China’s best-selling EV brand. BYD also revealed its electronics unit bought the mobility business of a US firm Jabil Inc (NYSE: JBL). The Hong Kong-listed stock of BYD closed 0.7% up. Also today, Chinese EV startup...

Tesla and the Chinese EV company BYD are separating themselves from the pack. Both are also boosting EV deliveries faster than the overall market, while BYD is increasing its profitability, closing the gap with Tesla. Sales and gross profits in the car business came in at roughly $21 billion and $3 billion respectively...

VinFast stock is soaring again on heavy trading volume. The average holding period for VinFast stock is less than two days...

BYD has reported a more than 200 per cent jump in first-half earnings as Tesla’s main Chinese rival shrugged off an intense price war that has battered foreign groups and smaller start-ups in the world’s biggest car market. BYD said on Monday that net income rose 205 per cent to Rmb10.95bn ($1.5bn) in the six months to the end of June as the Warren Buffett-backed group cemented its dominance over the market for plug-in hybrid and battery-powered electric vehicles in China. The result, which was published after markets closed in China on Monday, follows a 400 per cent jump in annual net profit in 2022...

Elon Musk livestreams the company's FDS version 12, as the company gears up for legal battles over its Autopilot driver-assistance feature...

Tesla this year cemented itself as the leader of the electric vehicle industry, delivering more than 450,000 vehicles during the second quarter of 2023. Over the past few months, several big-name automakers partnered up with Tesla to gain access to this network of Superchargers, which can provide up to 200 miles of range in just 15 minutes, something that might help potential buyers with their fears of range anxiety. Wedbush's Dan Ives believes that this component of Tesla's business could become a real revenue driver, bringing in up to $20 billion annually by 2030...

Chinese EV company Xpeng (XPEV) announced that it will be buying Didi's smart car unit in a deal worth up to $774 million. Yahoo Finance Reporter Pras Subramanian explains the advantages of the deal, saying that “Xpeng is getting Didi’s expertise with ride-hailing and autonomous technology.” Subramanian notes the competitiveness within the Chinese EV space and that Xpeng’s new deal with Didi could help it get an edge over the competition...