Tag TSLA

China's efforts to boost auto sales by cutting downpayments on car loans stand to be frustrated by a price war and consumer caution, chiefly benefiting a few brands favoured by younger buyers, such as Tesla and Nio, analysts said. Authorities pitching the move as a way to boost the economy said this week they would set car loan terms and quotas "reasonably", but stopped short of revealing the new levels. "It won't move the needle much," said Christopher Beddor, deputy director of China research at Gavekal Dragonomics...

Tesla’s first European factory in a sleepy German community has become the target of critics ranging from eco-activists to far-right politicians...

Chip investors are back to cashing out. Others aren't keen on following the trend. U.S. stocks put in a [mixed session](https://www.wsj.com/finance/stocks/global-stocks-markets-dow-news-03-13-2024-38514014) Wednesday, with the Dow gaining while the S&P 500 and Nasdaq declined...

Tesla stock was down about 31%. Boeing shares were down about 30%. The S&P 500, overall, was up about 8% year to date...

Chinese electric vehicle maker Nio has completed 40 million battery swaps so far, CEO William Li said on Thursday, replacing depleted batteries with fully charged packs, rather than plugging the vehicle into a charging point. Nio is one of a handful of EV makers betting on battery swapping as a major power option for EVs. It currently has 2,382 battery swapping stations and 21,652 public charging stations, according to Li...

EV startup and would-be Tesla rival Fisker is hiring advisers for a possible bankruptcy filing, The Wall Street reported. Shares stock dived...

Can 90% sales growth drive an 86% increase in stock price?...