$Tesla(TSLA.US$ Just a few more days until the best place to shop! Disappointing sales are welcome.
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Tesla (TSLA) and BYD (BYDDF) are the world's largest electric vehicle manufacturers, and are becoming direct competitors in China and many parts of the world.
A lot of attention has been drawn to EV start-ups such as Nio (NIO), Li Auto (LI), Xpeng (XPEV), Rivian (RIVN), and Lucid (LCID). Efforts by traditional automobile giants such as General Motors (GM), Ford Motor (F), and Volkswagen (VWAGY) have also been reported. However, Tesla and BYD stand out.
In 2022, the car sales volume of BYD, a major Chinese EV battery company, surpassed that of Tesla. Tesla is still number one in all-battery electric vehicles (BEVs), but the difference is narrowing.
On 9/1, Tesla announced price revisions for the Model 3 in China. However, Tesla also lowered the price of the Model S and X in China and the US, and also lowered the price of fully autonomous driving systems.
In 2023, Tesla lowered prices many times as demand could not keep up with strong production capacity and competition intensified.
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A lot of attention has been drawn to EV start-ups such as Nio (NIO), Li Auto (LI), Xpeng (XPEV), Rivian (RIVN), and Lucid (LCID). Efforts by traditional automobile giants such as General Motors (GM), Ford Motor (F), and Volkswagen (VWAGY) have also been reported. However, Tesla and BYD stand out.
In 2022, the car sales volume of BYD, a major Chinese EV battery company, surpassed that of Tesla. Tesla is still number one in all-battery electric vehicles (BEVs), but the difference is narrowing.
On 9/1, Tesla announced price revisions for the Model 3 in China. However, Tesla also lowered the price of the Model S and X in China and the US, and also lowered the price of fully autonomous driving systems.
In 2023, Tesla lowered prices many times as demand could not keep up with strong production capacity and competition intensified.
...
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![Tesla vs. BYD 2023: TSLA stock prices crash due to big news, BYD sales continue to rise rapidly](https://sgsnsimg.moomoo.com/feed_image/182580343/97aae11be5c334d9bb1c292a198ea0ea.jpg/thumb)
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Morgan Stanley's Adam Jonas raised Tesla's target share price by 60% from $250 to $400 per share and raised the rating (from equal weight) to overweight.
The main reason is that Tesla has reviewed the evaluation of the supercomputer “DOJO” developed in-house. DOJO will improve the adoption rate of mobility (robo-taxis) and network services (SaaS), and it is said that up to $500 billion can be added to Tesla's corporate value.
$Tesla(TSLA.US$
The main reason is that Tesla has reviewed the evaluation of the supercomputer “DOJO” developed in-house. DOJO will improve the adoption rate of mobility (robo-taxis) and network services (SaaS), and it is said that up to $500 billion can be added to Tesla's corporate value.
$Tesla(TSLA.US$
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Musk said Twitter will achieve positive growth and plans to include it as part of its AI business.
On Tuesday, Musk said at a Wall Street Journal summit that Twitter expects to turn around as early as next month and sees the need to build an AI company that competes with $Alphabet-A(GOOGL.US$ and $Microsoft(MSFT.US$ and integrates the technology of at least two companies (Tesla and Twitter) "...
On Tuesday, Musk said at a Wall Street Journal summit that Twitter expects to turn around as early as next month and sees the need to build an AI company that competes with $Alphabet-A(GOOGL.US$ and $Microsoft(MSFT.US$ and integrates the technology of at least two companies (Tesla and Twitter) "...
![Musk: Twitter will be able to turn a profit in June this year, focus on compete with Google and Microsoft AI](https://ussnsimg.moomoo.com/feed_image/70042970/4bc574c691403ddbad5e59c66ea5a6b7.jpg/thumb)
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Musk gears up for the AI battleground with X.AI
Recent reports suggest that Elon Musk has established a new startup, X.AI, in a bid to compete with his rival, Open AI. The new company, consisting of AI researchers and engineers, has reportedly secured funding from investors including those from SpaceX and $Tesla(TSLA.US$ . Although in its early stages, Musk's purchase of 10,000 $NVIDIA(NVDA.US$ A100 GPUs suggests his strong determination to de...
Recent reports suggest that Elon Musk has established a new startup, X.AI, in a bid to compete with his rival, Open AI. The new company, consisting of AI researchers and engineers, has reportedly secured funding from investors including those from SpaceX and $Tesla(TSLA.US$ . Although in its early stages, Musk's purchase of 10,000 $NVIDIA(NVDA.US$ A100 GPUs suggests his strong determination to de...
![Musk strikes again with X.AI in the AI field](https://ussnsimg.moomoo.com/feed_image/70042948/0946b5aa24463b04bca266eed086892d.png/thumb)
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