Tag TSLA

Investors are still hesitant, despite Musk's big ideas...

BYD stock rose 1.5% in overseas trading Monday. If history repeats itself, launching a high-price sports car will do nothing for BYD stock. The market for ultraluxury sports cars, meanwhile, is small...

The automaker struggles while another business is booming...

BYD the Warren Buffett-backed company that overtook Tesla as the biggest maker of electric vehicles last year, may buy back twice as many shares as previously suggested as it tries to boost its stock price. Maybe Tesla should try doing something similar and for the same reason. The buyback is “to better safeguard the interests of all shareholders of the company, enhance investor confidence, stabilize and improve company value,” said Wang Chuanfu, BYD chairman and president, in a news release...

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Shares in the electric-vehicle maker started the week up as its peers updated on earnings and buybacks...

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The Chinese electric-vehicle maker expects to delivery roughly 100,000 vehicles in the first quarter, more than expectations...

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BYD has launched an all-electric supercar that can hit 60 miles per hour (mph) in under three seconds, as the Chinese start-up seeks to challenge luxury brands such as Ferrari and Lamborghini...