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TSLA

Nio Launches Onvo L60, Its Tesla Model Y Rival For The China Mass Market

Nio on Wednesday launched the Onvo L60 EV, which aims squarely at the Tesla Model Y while targeting China's mass market for growth. Nio stock sank as U.S.-China tensions resurfaced. Tesla stock also fell...

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Used car prices fall again in April, down nearly 17% from pandemic highs

Vehicle prices continued their downward trend in April as costs continue to moderate from pandemic-era highs...

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Musk Was the Genius Tesla Needed. Not Anymore.

Picking leaders isn’t about finding the best person. It’s about finding the right one, Gautam Mukunda writes in a guest commentary...

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TSLA

Volkswagen Gets Surpassed Even By Hyundai

During the first three months of 2024, Hyundai Motor Group (OTC: HYMTF) surpassed Volkswagen Group (OTC: VWAGY) in terms of operating profit, taking its second place, with Toyota Group (NYSE: TM) remaining on the global auto industry throne. Hyundai Surpassed Volkswagen, While Toyota Fefended Its Throne For the first quarter, the South Korean automaker reported operating profit of $5.09 billion, slightly above $4.94 billion that the German automaker reported, led by $7.15 reported by the Japanes...

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Market Chatter: Tesla Denies Scholar’s Claim of Bullying by CEO Elon Musk,

Market Chatter: Tesla Denies Scholar's Claim of Bullying by CEO Elon Musk,...

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UPDATE 2-China’s Nio launches Onvo brand to challenge Tesla’s best-selling model

Chinese electric vehicle maker Nio on Wednesday launched the first vehicle in its new lower-priced brand Onvo which aims to compete there with Tesla's Model Y, the world's best-selling EV. Nio unveiled the Onvo L60 SUV with a sticker price starting from 219,900 yuan ($30,476), 12% below the price of Tesla's Model Y which starts at 249,900 yuan in China. Nio plans to start delivery of the Onvo L60 in September...

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Diamond Hill Large Cap Strategy Q1 2024 Market Commentary

Diamond Hill Large Cap Strategy outperformed the Russell 1000 Index in Q1 of 2024. Click here to read the full fund letter...

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Spate of Self-Driving Probes Points to US Setting Higher Safety Bar

(Bloomberg) -- Companies offering driver-assistance systems and developing autonomous vehicles are entering a new phase of more exacting oversight, with the top US auto-safety regulator investigating four of the industry’s most prominent companies in rapid-fire fashion.Most Read from BloombergSlovak Premier Fighting for Life After Assassination AttemptChina Considers Government Buying of Unsold Homes to Save Property MarketUS Inflation Ebbs for First Time in Six Months in Relief for FedHow One o...

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Diamond Hill Mid Cap Strategy Q1 2024 Market Commentary

Our portfolio outperformed the Russell Midcap Index in Q1 2024, starting the calendar year off on a positive note. Click here to read the full letter...

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TSLA

China’s Nio launches Onvo brand to challenge Tesla’s best-selling model

SHANGHAI (Reuters) -Chinese electric vehicle maker Nio on Wednesday launched the first vehicle in its new lower-priced brand Onvo which aims to compete there with Tesla's Model Y, the world's best-selling EV. Nio unveiled the Onvo L60 SUV with a sticker price starting from 219,900 yuan ($30,476), 12% below the price of Tesla's Model Y which starts at 249,900 yuan in China. Nio plans to start delivery of the Onvo L60 in September...

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