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Elon Musk's FSD Update, Uber Ties Up With Tesla Rival, Lucid Readying For Gravity Launch And More: Biggest EV Stories Of The Week
In June, global auto sales fell by 1% year-on-year to 7.8 million units, with Chinese car companies accounting for 33%.
In June 2024, China accounts for 33% of the world's automotive market share.
Tesla's (TSLA.US) sales in China soared by 15.3% in July, reversing the downturn.
Tesla's auto deliveries in the China market saw significant growth in July, a 15.3% year-on-year increase that successfully reversed the previous downward trend.
Tesla's China Comeback: July Sales Surge 15% Year-On-Year Despite Overall NEV Market Dip
Hong Kong Stocks Fall to Over Three-Month Low; BYD Slides 3%
BYD's Uber Partnership Positive But Won't Have Big Financial Impact -- Market Talk
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104398679 : China ev down 2-8%
RedDevil7 : EV giant BYD down again after it slashed prices for a premium model as the price war showed no signs of cooling.............. hopefully, it is temporary market reaction.
TTsync OP RedDevil7 : to hold or sell is the next question
RedDevil7 TTsync OP : Short term...... Expect more fluctuations. Positive Financial Results will push it higher eventually.
By Nov, I expect CNY280
End 2025...... CNY300
TTsync OP : Nice