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$Tesla (TSLA.US)$ $BYD COMPANY (01211.HK)$ $NIO Inc (NIO.US)$ $XPeng (XPEV.US)$
Longtime Tesla bear Craig Irwin, from Roth Capital, who has frequently appeared on CNBC to speak negatively about Tesla, just raised his Tesla share price target by a whopping 347% to $380 (from $85). For years, he had called Tesla "egregiously overvalued." Now, he has a BUY rating on the stock.
Here's what he said today about Tesla:
"This quarter is probably...
Longtime Tesla bear Craig Irwin, from Roth Capital, who has frequently appeared on CNBC to speak negatively about Tesla, just raised his Tesla share price target by a whopping 347% to $380 (from $85). For years, he had called Tesla "egregiously overvalued." Now, he has a BUY rating on the stock.
Here's what he said today about Tesla:
"This quarter is probably...
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BYD recently requested a 10% price cut from its supplier, Sensata Technologies. People’s Daily supported this move, stating that it’s reasonable for automakers like BYD, whose production and sales volumes are rapidly growing, to demand discounts during large-scale procurement.
$BYD Company Limited (002594.SZ)$ $BYD COMPANY (01211.HK)$ $Tesla (TSLA.US)$ $NIO Inc (NIO.US)$ $NIO Inc. USD OV (NIO.SG)$ $NIO-SW (09866.HK)$
$BYD Company Limited (002594.SZ)$ $BYD COMPANY (01211.HK)$ $Tesla (TSLA.US)$ $NIO Inc (NIO.US)$ $NIO Inc. USD OV (NIO.SG)$ $NIO-SW (09866.HK)$
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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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US Market Key Charts (S&P, US Dollar, Gold)
$E-mini S&P 500 Futures(DEC4) (ESmain.US)$ (4 Hour Chart) -[BULLISH↗ **]We maintain our bullish directional bias as price has pushed above 6055 resistance-turn-support level. A 4 hour candlestick closing above 6055 support level will open the next push towards 6120 resistance level. Technical indicators are advocating for a bullish scenario as well.
Alternatively: A 4 hour candlest...
$E-mini S&P 500 Futures(DEC4) (ESmain.US)$ (4 Hour Chart) -[BULLISH↗ **]We maintain our bullish directional bias as price has pushed above 6055 resistance-turn-support level. A 4 hour candlestick closing above 6055 support level will open the next push towards 6120 resistance level. Technical indicators are advocating for a bullish scenario as well.
Alternatively: A 4 hour candlest...
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$BYD COMPANY (01211.HK)$ $BYD Company ADR (BYDDY.US)$
BYD sold 504,003 passenger vehicles in Nov, up 67.2% from 301,378 units last year and 0.7% from the previous Oct, creating a new monthly record. BYD sales are over half a million vehicles a second consecutive month.
In 2024 (Jan to Nov), BYD sold 3,740,930 passenger vehicles, up 40.0% from the same period last year. BYD's official target is to d...
BYD sold 504,003 passenger vehicles in Nov, up 67.2% from 301,378 units last year and 0.7% from the previous Oct, creating a new monthly record. BYD sales are over half a million vehicles a second consecutive month.
In 2024 (Jan to Nov), BYD sold 3,740,930 passenger vehicles, up 40.0% from the same period last year. BYD's official target is to d...
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$BYD COMPANY (01211.HK)$ $BYD Company ADR (BYDDY.US)$
BYD is likely to deliver 520,000 units of cars in Nov, 72% higher compared with a year earlier, Deutsche Bank analyst Bin Wang writes in a note. The Chinese automaker's domestic retail sales totaled 288,000 units in the first three weeks of Nov, he notes. BYD's new order flow is forecast at around 500,000 units this month, DB says based on dealers' feedba...
BYD is likely to deliver 520,000 units of cars in Nov, 72% higher compared with a year earlier, Deutsche Bank analyst Bin Wang writes in a note. The Chinese automaker's domestic retail sales totaled 288,000 units in the first three weeks of Nov, he notes. BYD's new order flow is forecast at around 500,000 units this month, DB says based on dealers' feedba...
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$BYD COMPANY (01211.HK)$ is there an end to this drop? lol
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$Tesla (TSLA.US)$
Tesla has started offering lease buyouts on all its vehicles, allowing customers who lease a Tesla to purchase their vehicle at the end of the lease term. But this represents a pullback from its previous autonomous vehicle ambitions.
In yet another end-of-week release of Tesla news, Tesla has updated its webpage for lease-end options to describe a new option for Tesl...
Tesla has started offering lease buyouts on all its vehicles, allowing customers who lease a Tesla to purchase their vehicle at the end of the lease term. But this represents a pullback from its previous autonomous vehicle ambitions.
In yet another end-of-week release of Tesla news, Tesla has updated its webpage for lease-end options to describe a new option for Tesl...
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BYD is asking some of its passenger car suppliers to lower their parts quotes, as it expects competition in the NEV market to be fiercer in 2025, according to local media.
$BYD COMPANY (01211.HK)$ $BYD Company Limited (002594.SZ)$ $NIO Inc (NIO.US)$ $NIO Inc. USD OV (NIO.SG)$ $NIO-SW (09866.HK)$ $Tesla (TSLA.US)$ $XPeng (XPEV.US)$ $XPENG-W (09868.HK)$
$BYD COMPANY (01211.HK)$ $BYD Company Limited (002594.SZ)$ $NIO Inc (NIO.US)$ $NIO Inc. USD OV (NIO.SG)$ $NIO-SW (09866.HK)$ $Tesla (TSLA.US)$ $XPeng (XPEV.US)$ $XPENG-W (09868.HK)$
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$Tesla (TSLA.US)$x.com
BYD executive vice president He Zhiqi sent out emails to suppliers on Nov 26 to request 10% price reduction starting on Jan 1, 2025. Here is the reply from one disgruntled supplier:
Dear Mr. He Zhiqi,
I acknowledge your notification regarding your request for suppliers to further reduce costs by 10% from 2025. However, I must express my strong dissatisfaction and vehement protest.
BYD, as a benchmark in China's auto industry, has ...
BYD executive vice president He Zhiqi sent out emails to suppliers on Nov 26 to request 10% price reduction starting on Jan 1, 2025. Here is the reply from one disgruntled supplier:
Dear Mr. He Zhiqi,
I acknowledge your notification regarding your request for suppliers to further reduce costs by 10% from 2025. However, I must express my strong dissatisfaction and vehement protest.
BYD, as a benchmark in China's auto industry, has ...
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SPACELIGHT : Well, so what, $85 was ridiculous.
129455432345 : This guy is an absolute joke $85 lol. He need some milk such a baby
ZnWC OP SPACELIGHT : Someone said Tesla will be like Enron and become bankrupt not long ago.