$TENCENT (00700.HK)$Once it's on the list, holding it in your portfolio account may be inconvenient since some banks / brokerage may request you to unload your holdings by a certain date. Came across this sort of shitty issues before when holding another energy-related company's stocks coz US put it into their ban-list owing to political reason. Very troublesome and may incur losses too when the price wasn't good when you were forced to dump it....
The US just added Tencent and CATL to its list of “Chinese military-linked companies,” shaking up the markets. Tencent, the giant behind WeChat and gaming hits like Fortnite (through Epic Games), and CATL, a top supplier of EV batteries to$Tesla (TSLA.US)$and other automakers, both deny the accusations, calling the move a mistake. Tencent’s shares dropped over 7% in Hong Kong (and 8% in US trading), while CATL fell 5%. Not exactly minor hits for two global heavywei...
$Tesla (TSLA.US)$ 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
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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.
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bullrider_21
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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.
$NIO-SW (09866.HK)$some jokes CATL going to build swap stations = Nio is dead, going to have more competition. I just married and F my wife, tomorrow my son is graduating and going to have a good job, I am going to retire after tomorrow. Nio dump so much money into R&D, waste of money and resources. We should do away with National Service, waste of money, no economical output. We don’t need defence, we just need to increase GDP. Kuwait invaded by Iraq. Xiaomi just produced cars a...
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Dragon Fish
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Sharing the swap stations is also not bad as it looks like. Nio cater for its own brand users on top of other brand EV makers are free to join Nio swapping facilities. Nio Power wont die the most lose the leadership to CATL only. Nio still generates income from it.
$NIO Inc (NIO.US)$ On Dec 19, the Financial News reported (Reporter Xu Hao) that in one day, the two major leaders in the New Energy Vehicle battery swap market sent signals to the outside world that they would 'carry out battery swapping to the end', seemingly indicating that this energy replenishment model, which has been questi...
CATL plans to list in HK and raise $5 billion. It will mark the biggest HK listing since 2021. Who is CATL and why is this such a big deal? Well CATL has the world's fastest batteries, charging in under 5 minutes. Tesla is its biggest customer, accounting for 13% of its revenue, Alfa Romeo, Fiat, Jeep owner-Stellantis is its second-biggest customer...
Am I reading this right? So,$NIO-SW (09866.HK)$gets held up due to$BYD COMPANY (01211.HK)$battery supply issues, which it might have been able to anticipate earlier. For December,$Contemporary Amperex Technology (300750.SZ)$will supply 6k to 8k per month. How is Onvo going to reach its 10k goal without once again purchasing from BYD to make up the difference in battery supply? If it does, how can it guarantee it won't face similar supply issues? Or have t...
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bullrider_21
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As far as I know, Nio and Onvo 's sales are constrained by production capacity until Nio's new factory is ready in Q1 or Q2 next year.
$Uxin (UXIN.US)$Benzinga· 1 min ago Uxin Announces Collaboration With Contemporary Amperex Technology Co., Limited To Promote Adoption And Development Of Battery Swapping Models In The Used Car Market
104955361 : long tesla, will go up no way going below 400
SKYWalkers OP 104955361 : no fundamentals to support that price level