Belt and Road
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$Tesla (TSLA.US)$
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-...
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-...
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$Tesla (TSLA.US)$
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...
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...
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long term investments that I'm holding . one more stock I'm eyeing for is the $China State Construction Engineering Corporation (601668.SH)$
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Electric vehicles (EVs) typically require significantly more copper than conventional internal combustion engine vehicles. On average, an EV can use about three to four times more copper than a traditional vehicle, primarily due to the following factors:
1. Electric Motors: EVs use electric motors instead of engines, which require more copper for windings.
2. Batteries: The battery packs in EVs, especially lithium-ion batteries, have copper components fo...
1. Electric Motors: EVs use electric motors instead of engines, which require more copper for windings.
2. Batteries: The battery packs in EVs, especially lithium-ion batteries, have copper components fo...
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It also partly indicates the shift in energy mix away from fossil fuels and towards renewable sources, like solar, wind, and hydro, alongside nuclear.
But it also partly indicates the impact of a slowing economy on fuel consumption.
$China Petroleum & Chemical Corporation (600028.SH)$ $BYD COMPANY (01211.HK)$ $BYD Company Limited (002594.SZ)$ $NIO-SW (09866.HK)$ $XPENG-W (09868.HK)$ $Tesla (TSLA.US)$
But it also partly indicates the impact of a slowing economy on fuel consumption.
$China Petroleum & Chemical Corporation (600028.SH)$ $BYD COMPANY (01211.HK)$ $BYD Company Limited (002594.SZ)$ $NIO-SW (09866.HK)$ $XPENG-W (09868.HK)$ $Tesla (TSLA.US)$
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CHINA'S FUEL OIL OUTPUT IN SEPTEMBER AT 3.7 MILLION TONNES, DOWN 22.7% Y/Y.
GASOLINE OUTPUT AT 13.5 MILLION TONNES, DOWN 2.8% Y/Y.
DIESEL OUTPUT AT 16.9 MILLION TONNES, DOWN 7.9% Y/Y.
$SINOPEC CORP (00386.HK)$ $China Petroleum & Chemical Corporation (600028.SH)$ $Petroleum (LIST1205.HK)$ $Global X MSCI China Consumer Discretionary ETF (CHIQ.US)$ $BYD COMPANY (01211.HK)$ $XPENG-W (09868.HK)$ $NIO-SW (09866.HK)$
GASOLINE OUTPUT AT 13.5 MILLION TONNES, DOWN 2.8% Y/Y.
DIESEL OUTPUT AT 16.9 MILLION TONNES, DOWN 7.9% Y/Y.
$SINOPEC CORP (00386.HK)$ $China Petroleum & Chemical Corporation (600028.SH)$ $Petroleum (LIST1205.HK)$ $Global X MSCI China Consumer Discretionary ETF (CHIQ.US)$ $BYD COMPANY (01211.HK)$ $XPENG-W (09868.HK)$ $NIO-SW (09866.HK)$
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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.