Tag: Electric Vehicle

Tesla will send a team to India this month to scout locations for an EV plant, estimated to be worth $2 billion to $3 billion, Financial Times reported on Wednesday.

Chinese electric vehicles maker BYD has slowed down its plans to build an EV factory in Vietnam, a manager of the industrial park where the plant would be built told a shareholders meeting on Thursday.

Tesla stock was falling Friday amid more bad news from China that has investors worried about electric-vehicle demand —again.

Tesla stock was rising in early trading Wednesday as it hiked prices on more Model Y cars.

Shares of Tesla Inc. got a nice bump up Monday, after the electric-vehicle giant said it was raising prices on its lower-cost Model Y vehicles in the U.S.

Tesla stock was rising in early trading Monday, heading for an upbeat start to the week.

Chinese electric-vehicle maker NIO reported weaker-than-expected quarterly earnings. 

Brandenburg police told CNBC that the incident initially looked like arson and added that it is currently investigating who is responsible.

Shares of Nio Inc. rose Friday, while those of fellow China-based electric vehicle maker Li Auto Inc. fell, after the companies both reported February deliveries that fell from last year and last month.

Tesla on Friday raised prices of certain Model Y vehicles in the United States by $1,000, according to its website.

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.

Tesla upgraded the self-driving hardware on its Model Y car it sells in China, Elon Musk’s automaker said on WeChat on Thursday.

Tesla stock was falling early Wednesday after a Delaware court late Tuesday voided CEO Elon Musk’s pay package, which awarded him some $300 million performance-based options. An analyst’s call to sell the stock isn’t helping either.

Tesla reported revenue growth of 3% in the fourth quarter, trailing estimates.

Chinese stocks slumped on Monday after the country’s central bank left interest rates unchanged, a decision that does little to inspire confidence among investors worried about a slowdown in the world’s second-largest economy.

Tesla has trimmed prices for its Model Y cars across Europe, not long after announcing similar price cuts for its Model 3 and Model Y vehicles in China.

Tesla Inc. shares dropped in early trading after the carmaker cut prices again in China and said its lone European factory will be disrupted by attacks in the Red Sea.

Another month, another record for Chinese battery electric vehicle sales.

Chinese electric car maker Nio on Saturday unveiled a flagship model featuring self-developed technologies including semiconductors, betting they would help prop up earnings, as a bruising price war and slowing car demand weigh on profitability.

STOCKHOLM, Dec 21 (Reuters) – Tesla faces an inquiry by Norway’s traffic safety regulator into suspension failures in the company’s electric cars that could result in a recall, the agency told Reuters.