Tag TSLA

U.S. Steel explores strategic alternatives after rejecting Cleveland-Cliffs offer. Tesla trims prices of some Model Y versions in China. Maui wildfires impact stocks...

Investing.com -- Shares in Tesla (NASDAQ:TSLA) dipped in premarket U.S. trading on Monday after the electric carmaker slashed the prices for some of its China-made vehicles, fueling concerns over an intensifying price war in the country...

Investing.com -- Fears over China's debt-laden property sector mount after key player Country Garden halts trading on some of its mainland bonds. Elsewhere, economists at Goldman Sachs predict when the Federal Reserve will begin cutting interest rates after an aggressive policy tightening campaign, while investors look ahead to results from large big-box brands and retail sales figures for July...

(Bloomberg) -- Tesla Inc. rolled out a new round of price cuts in China, sending auto stocks tumbling on concerns the move will respark a bruising price war that had showed signs of abating. Most Read from BloombergAmerica’s Fastest Growing City Is Embracing ‘Yellowstone’ ManiaOutsider Milei Upends Argentina’s Election With Primary WinGoldman Pencils In First Fed Rate Cut for Second Quarter of 2024Zuckerberg Says ‘Time to Move On’ From Musk Cage FightThe Fed Is Playing a Waiting Game to Try to A...

The market rally is trying to hold up. Nvidia and TSLA flashed sell signals, with Tesla cutting China prices Sunday...

Tesla Inc has cut prices in China for its Model Y long-range and performance versions starting on Aug. 14, the company said in a notice on Monday. The Model Y Long Range's starting price drops 4.5% to 299,900 yuan and the starting price of the Model Y Performance is now 349,900 yuan, down 3.8%. In the same announcement, Tesla also said it would offer insurance subsidies in China of 8,000 yuan for Model 3 buyers of entry-level, rear-wheel-drive versions of the Model 3 inventory vehicle between Aug. 14 and Sept. 30...

"I believe the time has come for Chinese brands," said BYD founder Wang Chuanfu...

What are Lucid's biggest problems? When Lucid went public by merging with a special purpose acquisition company (SPAC) in 2021, it initially claimed it could produce 20,000 vehicles in 2022 and 49,000 vehicles in 2023. At the end of 2022, Lucid claimed it could produce 10,000-14,000 vehicles in 2023...

When you simplify the investment thesis for Rivian, it seems like a no-brainer growth stock for these reasons...