No Data
In September, the domestic passenger vehicle market is abuzz, with over sixty percent of A/H share listed companies achieving double growth on a monthly and yearly basis.
1. The China Association of Automobile Manufacturers released data showing that autos sold 2.809 million units in September, a month-on-month increase of 14.5%, and a year-on-year decrease of 1.7%; 2. Caixin reporters compiled statistics on the September sales of 14 A-share and H-share listed automotive companies, all of which achieved month-on-month growth; 3. The passenger vehicle market is gradually recovering, especially the retail market remaining strong, with the 'Golden September' effect continuing to show.
US stocks closed: on the two-year anniversary of this bull market, the S&P and Dow hit new highs, while Chinese stocks collectively strengthened.
①The s&p 500 index welcomes the second anniversary of the bull market, historically breaking through the 5800-point integer mark for the first time on Friday; ②The nasdaq china golden dragon index has closed higher for two consecutive days; ③Tesla tumbled by 8%, while uber technologies and Lyft strengthened; ④Boeing announced a 10% workforce reduction.
10 Consumer Discretionary Stocks Whale Activity In Today's Session
Shares of US-listed Chinese Stocks Are Trading Lower on Continued Weakness Following Recent Stimulus Concerns. China's Ministry of Finance Is Expected to Hold a Press Briefing on Saturday.
tesla Cybercab "crashes" xpeng Robotaxi industry insiders: Domestic car companies have advantages after FSD enters China.
① "The current operating cost of Cybercab is $1 per mile, which is expected to decrease to $0.2 per mile in the future. Musk stated that the total cost of Cybercab will be less than $0.03 million." ② Musk did not mention Cybercab's entry plan into China this time, but the industry has long considered it as one of the most powerful competitors in the future domestic Robotaxi market.
Hurricane Milton poses a direct threat: electric cars become a source of fire risk.
Florida officials warn that electric cars flooded by floods carry the risk of causing fires, 'because once these batteries catch fire, they cannot be extinguished.' The state fire department confirmed that Hurricane Helene, which hit earlier, caused 48 lithium-ion battery fires, 11 of which were related to electric cars.
