Tag TSLA

SHANGHAI (Reuters) -Xiaomi won more orders than expected for its new YU7 electric sports utility vehicle in the first hours after it went on sale, sending the company's shares up 8% to an all-time high. The Chinese EV and smartphone maker on Thursday priced its new electric YU7 SUV from 253,500 yuan ($35,364), almost 4% below Tesla's Model Y. The YU7 received 289,000 orders in the first hour on sale, Xiaomi said...

Circle Internet Group (CRCL) has quickly become the third most actively traded U.S. stock, an unusual feat for a company with a $60 billion market cap and an IPO less than a month old. In the last trading session, the stock notched up over 1 million shares in trading volume compared to an average daily volume of ~45k. In recent days, the stock rose from ~$210 to almost $300 per share before paring gains and now trading around $222. While such intense volume draws attention, it also raises questi...

BYD Company (BYDDF) may now be the world’s top-selling EV maker, but it remains underappreciated by Western investors. According to Main Street data, BYD has delivered over 4 million vehicles in 2024. While building out a strong battery and charging ecosystem, and a vertically integrated, tech-driven business model, BYD is far more than a regional Tesla rival. Its global expansion and innovation pipeline support a bullish long-term view—I’m assigning a Buy rating. Evaluating the Chinese EV Giant...

The YU7 received over 200,000 orders within three minutes of launch...

Nvidia (NVDA) notched another record close as investor enthusiasm around artificial intelligence (AI) continues to grow. Dave Mazza, CEO of Roundhill Investments, joins Asking for a Trend to break down Nvidia’s momentum and why his new ETF is betting on humanoid robots as the next wave of AI innovation. To watch more expert insights and analysis on the latest market action, check out more Asking for a Trend here...

Leadership shakeup comes amid Cybertruck struggles, declining deliveries, and rising pressure from Chinese rivals...

Omead Afshar, who had just been promoted to the role last year, has left Elon Musk’s electric vehicle maker, according to multiple reports...

The departure of Afshar, who oversaw sales and manufacturing in North America and Europe, comes as Tesla struggles with declining global sales...