Tesla Stock 'Well Positioned To Deliver Robust Multi-Year Growth': Why Analyst Is Raising Price Target After Deliveries Miss
China Merchants International: For the Industry, recommend Geely Autos and FUYAO GLASS for vehicles and components respectively, and also remain Bullish on BYD Company.
China Merchants International released a research report stating that mainland Electric Vehicles manufacturers performed strongly in December last year, with high growth expected this year. In January and February, during the policy vacuum period, quality stocks are being selectively bought. Among them, BYD Company (01211) delivered 0.509 million Electric Passenger Vehicles last month, an increase of 49.8% year-on-year and 1.1% month-on-month; the total deliveries for the year reached 4.25 million units, a year-on-year increase of 41.1%. The estimated sales volume for this year is between 5 million to 5.5 million units, which represents a 23.5% year-on-year growth based on the midpoint. The overseas target is doubled this year. Focus on the iteration of pure electric platforms, and a new generation of blade Battery technology will be released to enhance charging speed and range capability.
Insurance Registrations of Major Car Brands in China in 2024: Nio 205,300, Xiaomi 136,800, Tesla 659,400
Tesla-Supplier Panasonic Energy Targets Reduced Reliance On China For US Battery Supplies, Says It Is 'No.1 Objective'
China EV Insurance Registrations by Brand for Week Ending Jan 5: Nio 3,000, Tesla 5,500, BYD 36,500
In 2024, the seventh batch of Electric Vehicles exempt from vehicle purchase tax has been announced. Cui Dongshu: There are a variety of products with high energy density in Batteries.
In 2024, there are a total of 20,085 models of Electric Vehicles in the tax exemption directory. Due to the large number in the first batch, the quantity of Electric Vehicles in the directory is relatively higher than the normal levels in recent years.
Express News | Panasonic Energy's Swan: We Plan Not to Have Chinese Supply as We Go Forward
Express News | Tesla Supplier Panasonic Energy's US Chief Allan Swan: Scenario-Planning on Trump Tariffs Has Gotten Busier
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U.S. stock market closing: the three major Indexes had mixed results, with the Technology conference CES boosting chip stocks higher.
① Nasdaq China Golden Dragon Index closed down 1.16%, most China Concept Stocks fell, Tencent ADR dropped nearly 8%; ② MicroStrategy has purchased Bitcoin for nine consecutive weeks; ③ Trump denies plans to reduce the applicability of tariffs; ④ Qualcomm announces the launch of the new AI chip Snapdragon X.
Tesla Options Spot-On: On January 6th, 2.1 Million Contracts Were Traded, With 8.54 Million Open Interest