Tesla Stock Drops Following Slump in European Sales, German Asset Deal

WSJ15:38 ET

Running a red light, changing lanes over the line... Tesla's FSD struggling in China, what is the problem?

Seeing Tesla's sales growth hit a bottleneck and FSD's data collection for driving in China restricted, Musk seems really anxious, directly letting the large model learn to drive in China by watching videos. This has directly led to localization issues, as the first batch of users complained after testing that FSD runs red lights, changes lanes while crossing solid lines, and is confused on bicycle and bus lanes.

wallstreetcn3minutes ago

Tesla Begins Facelifted Model Y Deliveries in China Amid Stiffer Competition

CnEVPost22:20 ET

Li Auto Stock Soars 13% as All-Electric EV Opens Door to New Market

Barron's11:22 ET

Li Auto Releases New Images of Li I8, Showing How It Compares to Tesla Model X

CnEVPost21:37 ET

CICC: Maintained Ideal Autos - W "Outperforming Industry" rating, raised the Target Price to 155 Hong Kong dollars.

CICC released a Research Report stating that it maintains the "outperform the Industry" rating for Ideal Automotive-W (02015). Under the Non-GAAP measure, the profit forecasts for 2024 and 2025 remain largely unchanged, with a new profit forecast of 17.5 billion yuan for 2026, and the Target Price is raised to 155 Hong Kong dollars, corresponding to a 23x P/E for 2025. It is reported that the company has released images of its first pure electric SUV, the i8, which has significant exterior changes, initially alleviating stock price suppression factors. CICC’s main points are as follows: there is no need to be pessimistic about the pure electric Business. Previous market disagreements over the pure electric Business mainly focused on exterior design and energy supplementation. The i8's debut shows significant design changes compared to the MEGA.

Sina Hong Kong stock.21:34 ET