$Tesla (TSLA.US)$ Tesla's Australian electric vehicle sales remain in free fall after Nov became the 8th-straight month of year-on-year sales decline for Elon Musk's autogiant amid a growing wave of competition from Chinese rivals. Tesla sold 2540 vehicles in Australia in Nov, according to data released by the Electric Vehicle Council, resulting in a sales decline of 35.5% compared to the same time last year. Tesla hasn't recorded year-on-...
bullrider_21
OP
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Tesla's Europe sales fell in 2024. Tesla's US sales fell in 2024. Tesla's Australia sales fell in 2024. Only Tesla's China sales are up.
74216494
bullrider_21
OP
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And ? NIOs European sales are microscopic, US sales non-existant, Australias sales non-existant, China sales mediocre, compared to newcomers like XIAOMI or ZEEKR. TSLA still makes money; NIO never did.
$Tesla (TSLA.US)$ Chinese electric vehicles are proving popular outside the local market and are gaining ground not only in Europe but also in Australia. The MG4 became the country's best-selling EV in Oct. With nearly 1,500 units sold last month, the MG4 dethroned the Tesla Model Y, which managed just over 1,000 sales (down from nearly 1,500 a month before). In third place came the Model 3 with 422 sales, followed by the BYD Atto3 with 330 sales a...
$General Motors (GM.US)$$SAIC Motor Corporation (600104.SH)$ GM's joint venture, SAIC-GM-Wuling (SGMW), is making a bid for attention with its first-ever new energy concept car, unveiled during the company's future strategy presentation for the ASEAN markets. And what better way to stand out than with a futuristic, low-slung coupe featuring gigantic gullwing doors? Called the "Light of ASEAN," this concept serves as a preview of the des...
BelleWeather
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Asia gets the best cars! (I hope Tesla succeeds in other aspects of their business, so I understand the need to, um, stifle competition.)
$BYD COMPANY (01211.HK)$$Tesla (TSLA.US)$$NIO Inc (NIO.US)$$XPeng (XPEV.US)$ 1) The article reported that registrations for Chinese electric vehicles (EVs) like BYD and SAIC’s MG brand dropped by 45% compared to June. The decline in Chinese EV registrations has been linked to the Europe Commission (EC)’s provisional tariffs on China-made EV imports. 2) The EC imposed provisional tariffs of up to nearly 38% on EV imports m...
$SAIC Motor Corporation (600104.SH)$ A video clip showcasing a car from SAIC's IM Motors moving sideways into a parking space has captured the attention of online viewers, sparking widespread interest and discussion in China. A recent video has catapulted IM Motors into the spotlight, showing their vehicle executing a sideways parking maneuver that has astounded netizens. The footage features a woman exiting an IM Motors test vehicle whi...
The European Commission, which oversees the bloc’s trade policy, has set provisional duties of up to 37.6% on EVs imported from China to counter what it says are unfair subsidies and has canvassed EU member views in a so-called advisory vote. A dozen EU members voted in support of the tariffs, four voted against and 11 abstained, the sources said. German carmakers, which made a third of their sales last year in China, have urge...
EV news you need to know; Musk's compensation package gets nod, marking a huge win for Tesla. Expect its shares to rally. EU to rise China EV tariff - beware of retaliation on EU brands. Honda launches an electric van that can charge in 30 mins (do you care?). __________________________________________________________________________________...
Currently,$Tesla (TSLA.US)$'s Shanghai Gigafactory makes the Model 3 and Model Y for the Chinese domestic market, with some cars exported to other regions, including the EU. According to a press release by the European Commission, Tesla may receive an "individually calculated duty rate" — a rate that may be lower than the currently imposed 20.1%, at the definitive stage of the investigation, which is expected to be November 2. The...
Starting 4 July, the EU will levy temporary tariffs up to 38.1% on Chinese-made electric vehicles (EVs) due to concerns over unfair subsidies harming EU manufacturers. Tariff Rates:$BYD COMPANY (01211.HK)$faces a 17.4% tariff,$GEELY AUTO (00175.HK)$20%, and$SAIC Motor Corporation (600104.SH)$38.1%. Cooperative manufacturers face an average tariff of 21%, while non-cooperative ones face the maximum 38.1% tariff. If talks between the EU and Chi...
bullrider_21 OP : Tesla's Europe sales fell in 2024. Tesla's US sales fell in 2024. Tesla's Australia sales fell in 2024. Only Tesla's China sales are up.
74216494 bullrider_21 OP : And ? NIOs European sales are microscopic, US sales non-existant, Australias sales non-existant, China sales mediocre, compared to newcomers like XIAOMI or ZEEKR. TSLA still makes money; NIO never did.
bullrider_21 OP 74216494 : Comparing Nio and Tesla is like comparing apple and orange.