US: China-based Canadian accused of stealing Tesla secrets:
dw.com/en/us-china-based-canadian-accused-of-stealing-tesla-secrets/a-68619525
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| Last Updated | Mar 20 |
| Total Articles | 1 |
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Tesla needs to fire Elon Musk as CEO if it wants to save itself: Tesla is in trouble: sales are falling and competition from China is ramping up ...
businessinsider.com/tesla-fire-elon-musk-new-ceo-evs-china-sales-earnings-2024-4
Quick Glance: Elon Musk must be removed as CEO to save Tesla
- Tesla is struggling with declining sales, layoffs, and issues in China.
- Elon Musk is blamed for the company's state and his departure could save Tesla.
- Tesla has failed to craft a strategy for chaotic times, resulting in a shrinking market share in China.
Tesla (TSLA) Cybertruck Recall Is Latest Setback to Stock’s Rough 2024: The stock is sliding, a cheaper electric car is deprioritized and the CEO is riling the ...
bloomberg.com/news/features/2024-04-21/tesla-tsla-cybertruck-recall-is-latest-setback-to-stock-s-rough-2024
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Quick Glance: Tesla Cybertruck Recall and Stock Decline 2024
- Elon Musk's underlings at Tesla Inc. are accustomed to chaos, but this year has been particularly turbulent. The stock price has plummeted, there has been confusion around product decisions and price cuts. Tesla's position in the Chinese EV market is under threat, and a meeting with India's Prime Minister for a planned investment announcement was abruptly called off.
- Tesla is expected to report a significant drop in operating profit and its first revenue decline in four years. Musk has ordered massive layoffs and is staking the company's future on a self-driving vehicle concept called the robotaxi. Many employees are unsettled by the changes the CEO wants to implement.
- Musk has been discussing the concept of an autonomous taxi service for at least eight years, but Tesla has not yet built the infrastructure required for it. The focus is now on the robotaxi instead of a cheaper mass-market vehicle that many investors deem crucial. Key managers have left the company, and analysts are concerned about Tesla's strategy.
- Musk has announced that more than 10% of the workforce will be laid off. Transitioning to the robotaxi service is risky, as regulation at the state and local level can be challenging. Nevertheless, Musk is betting on Tesla making robotaxis a reality by promoting FSD and cutting prices. Some of the Tesla layoffs were poorly organized and perceived as humiliating.
Tesla offers zero down payments on Model 3, Model Y in China: Tesla Inc has offered zero down payments on its Model 3 and Model Y vehicles in China ...
reuters.com/business/autos-transportation/tesla-offers-zero-down-payments-model-3-model-y-china-2024-04-24/
Don’t be gloomy about Tesla and its EV rivals: The industry has had a terrible few months. But demand is likely to pick up
economist.com/leaders/2024/04/24/dont-be-gloomy-about-tesla-and-its-ev-rivals
Stock Market's ‘Humbling’ Cycle Forces Morgan Stanley's Wilson to Stay Nimble
bloomberg.com/news/newsletters/2024-04-23/stock-market-s-humbling-cycle-forces-morgan-stanley-s-wilson-to-stay-nimble
Morning Bid: Tanking Tesla reports, Europe business beats: A look at the day ahead in U.S. and global markets from Mike Dolan
reuters.com/markets/us/global-markets-view-usa-2024-04-23/
Quick Glance: Overview: Tesla Stocks Plummet, Europe Business Surpasses Expectations
- World markets have brightened slightly this week, but Tesla is facing a critical earnings test, while Europe's business pulse has surprisingly been lively this month.
- Following the worst week on Wall Street since 2022, relief from easing Middle East tensions helped stabilize the situation on Monday. The chip giant Nvidia made a modest recovery from losses as Big Tech megacaps gear up for quarterly earnings releases.
- As the first of the 'Magnificent 7' Vanguard stocks, electric vehicle giant Tesla will report on Tuesday, having plummeted by a substantial 43% year-to-date and nearly 60% over the past two years amidst fierce price competition, declining EV demand, and governance/product concerns.
- While Big Tech jitters define this month's market fluctuations, investors will closely watch the upcoming results for a clearer perspective.
Tesla Spends Weekend Cutting Prices of Cars and FSD Software: Tesla Inc. spent the weekend cutting prices of its models across China, Europe and the US amid ...
bloomberg.com/news/articles/2024-04-21/tesla-cuts-china-us-prices-after-sales-slow-inventories-rise
Paid articlePaid Tesla cuts prices across its line-up in China: Tesla Inc has lowered prices across its line-up in China, according to its official website ...
reut.rs/3W9QZs6
Tesla cuts prices in US, China and Germany as competition heats up: Tesla has announced aggressive price cuts in China and Germany, shortly after reducing prices ...
cnn.com/2024/04/22/cars/tesla-price-war-china-germany-us-intl-hnk/
Quick Glance: Tesla cuts prices in US, China and Germany as competition intensifies
- Tesla has announced aggressive price cuts in China and Germany, shortly after reducing prices in the United States, as the world’s largest maker of electric vehicles (EV) faces declining sales and growing competition in major markets.
- The prices of four models were slashed in China by 14,000 yuan ($1,932), while in Germany, the price of the Model 3 rear-wheel drive was lowered by 2,000 euros ($2,132). Earlier cuts were made in the US, with prices of three models reduced, while prices for the Model 3 and Cybertruck remained unchanged.
- The price cuts come during a tough time for Tesla, with a significant stock plunge and a drop in quarterly deliveries. Elon Musk postponed his planned India trip due to company obligations. In China, Tesla's price cuts escalate an existing price war in a highly competitive sector influenced by other manufacturers like BYD offering more affordable options.
- The price wars in China began in 2022 and continue with over 30 car makers announcing further price reductions, impacting the entire auto industry's profit margins. Competitors like BYD and XPeng are also offering subsidies and lowering prices to attract buyers in the EV market, posing challenges to Tesla's market dominance.
Tesla (TSLA) Price Cuts Trigger New Round in China EV War With Li Auto Slashing: Tesla Inc.’s weekend move to slash prices across its range in China risks ...
bloomberg.com/news/articles/2024-04-22/tesla-s-price-cuts-trigger-new-round-in-china-ev-price-war
Paid articlePaid Time for Elon Musk's Tesla rescue plan — if he has one: Tesla is expected to report a sharp drop in profit on Tuesday, putting more pressure on Elon Musk to find ...
businessinsider.com/elon-musk-tesla-rescue-plan-price-cuts-electric-cars-earnings-2024-4
Tesla cuts prices in China, Germany and around globe after US cuts: Tesla has cut prices in a number of its major markets, including China and Germany ...
reuters.com/business/autos-transportation/tesla-cuts-prices-across-its-line-up-china-2024-04-21/
Quick Glance: Tesla responds to declining sales with global price reductions
- Tesla has lowered prices in various key markets, including China and Germany, to address the declining sales and increasing price competition for electric vehicles.
- The recent price reductions come in light of a decrease in Tesla's global vehicle deliveries in the first quarter, marking the first time in nearly four years.
- The starting price of the revamped Model 3 in China was reduced by 14,000 yuan to 231,900 yuan. Similarly, in Germany, the price of the rear-wheel-drive Model 3 was decreased from 42,990 euros to 40,990 euros.
- In addition to the mentioned price cuts, there were reductions in many other countries across Europe, the Middle East, and Africa. Prices for the Model Y, Model X, and Model S vehicles in the US were decreased by $2,000. Moreover, Tesla slashed the price of its Full Self-Driving Software in the US from $12,000 to $8,000.
Tesla Cuts Prices in China Again. This Chinese Rival Is Matching the Move.: Tesla and Li Auto look to be engaged in a price war in China.
barrons.com/articles/tesla-stock-price-cuts-li-auto-296dc1be
Paid articlePaid
India 'confident' new EV policy measures will allow more foreign players to enter market
cnbc.com/2024/04/26/india-says-new-ev-policy-will-open-up-market-to-global-players-.html
Quick Glance: Tesla's Impact on India's EV Market
- MG Motor India's CEO Emeritus Rajeev Chaba stated that Tesla's entry into India's EV market will level the playing field for all E-automakers.
- According to Bain & Company, EVs constitute around 5% of India's automobile sector.
- India's government aims to achieve 30% EV sales by 2030, a goal viewed as ambitious.
Tesla is waging a price war against its Chinese rivals: Tesla has been slashing prices for its vehicles in the Chinese, US and European markets amid declining ...
businessinsider.com/tesla-waging-price-war-against-chinese-rivals-2024-4
Tesla: With The Commoditization Of EVs Is Now An Overvalued Car Company: Tesla should now be treated as a regular car company due to competition in the EV and ...
seekingalpha.com/article/4684402-tesla-with-the-commoditization-of-evs-is-now-an-overvalued-car-company
Paid articlePaid ‘A Damn Hard Thing to Do’: Tesla Co-Founder JB Straubel Takes on Battery Recycling
bloomberg.com/news/articles/2024-04-25/-a-damn-hard-thing-to-do-tesla-co-founder-jb-straubel-takes-on-battery-recycling
Tesla: What opportunities will Q1 earnings provide for its shares?: Tesla's shares have seen a fall of nearly 30% in the first quarter because of growth ...
euronews.com/business/2024/04/23/tesla-results-could-a-boost-in-earnings-accelerate-share-price-growth
Quick Glance: NFL - Top-5 Earners per Position: Amon-Ra St. Brown Leads the Way
- The NFL showcases the top-5 earners per position based on average annual salary.
- Quarterbacks top the ranking, followed by Running Backs, Fullbacks, Wide Receivers, and Tight Ends.
- Other positions such as Offensive Tackle, Guard, Center, Defensive End, Defensive Tackle, Outside Linebacker, Inside Linebacker, Cornerback, Safety, Kicker, Punter, and Long Snapper were also listed.
- The list highlights the high salaries of the top players in the NFL for their respective positions.
'TikTok generation' is getting enticed with Chinese EV brands: While Tesla guts its marketing division, social media is turning younger buyers onto cheaper ...
thestreet.com/electric-vehicles/tiktok-generation-is-getting-enticed-with-chinese-ev-brands
Elon Wants His Money Back: Tesla to Texas, banker breakup fees, Destiny Tech100 and WhatsApp at the SEC.
bloomberg.com/opinion/articles/2024-04-17/elon-wants-his-money-back
Paid articlePaid
Tesla Stock’s 7th Straight Day in the Red. Blame Price Cuts and Margin Jitters.: Tesla and Li Auto have both slashed prices of their electric vehicles ...
barrons.com/articles/tesla-model-price-cuts-stock-today-296dc1be
Paid articlePaid How Chinese automaker BYD rose to challenge Tesla: Chinese automaker BYD briefly eclipsed Tesla as the world's top seller of electric vehicles earlier this year.
businessinsider.com/how-chinese-automaker-byd-rose-to-challenge-tesla-2024-4
Paid articlePaid
VW aims to maintain 15% market share in China in 2030: Volkswagen aims to preserve its market share in China at about 15% in 2030, the head of its China business ...
timeslive.co.za/motoring/news/2024-04-24-vw-aims-to-maintain-15-market-share-in-china-in-2030/
What happens next with TikTok in the US?: U.S. President Joe Biden signed a bill into law that bans TikTok in the United States if its owner ...
theglobeandmail.com/world/video-what-happens-next-with-tiktok-in-the-us/
Quick Glance: ByteDance Would Consider Closing TikTok in US Over Sale, Sources Claim
- ByteDance would prefer to cease TikTok operations rather than engage in a sale if all legal avenues are exhausted to combat potential legislation banning the platform in US app stores, as per four sources.
- Despite TikTok's massive popularity with over a billion users, it remains unprofitable, contributing a small fraction to ByteDance's overall revenues and daily active user base.
- ByteDance stated on Thursday in a release on Toutiao, a media platform it possesses, that there are no intentions to sell TikTok, in response to claims from The Information about ByteDance exploring sale scenarios for TikTok's US operations excluding the recommending algorithm for user videos.
- As of December, ByteDance's valuation stood at $268 billion when it proposed a buyback of approximately $5 billion in shares from investors.
Geely-backed luxury EV brand Zeekr says it's already beating Tesla in parts of China
cnbc.com/2024/04/25/geely-backed-luxury-ev-brand-zeekr-says-its-beating-tesla-in-parts-of-china.html
5 issues Tesla must address on Q1 earnings call to avoid more stock crash: Tesla's call on Tuesday must address issues from China to AI in order to appease ...
markets.businessinsider.com/news/stocks/tesla-q1-earnings-stock-price-preview-outlook-forecast-elon-musk-2024-4
Car giants vie for EV crown at Beijing's Auto China show: BEIJING: Chinese car giants locked in a cut-throat price war descend on the capital for the start of ...
channelnewsasia.com/business/car-giants-ev-beijing-auto-china-show-tesla-xiaomi-4290476
What the Magnificent Seven’s $1.7 trillion meltdown tells us about the economy: The key question for investors is whether this is just a correction in what has ...
theage.com.au/business/markets/what-the-magnificent-seven-s-1-7-trillion-meltdown-tells-us-about-the-economy-20240422-p5fll9.html
Elon Musk doesn’t know how to turn Tesla around: When Elon Musk unveils the quarterly results for Tesla later today, he will need to convince his shareholders he ...
spectator.co.uk/article/elon-musk-doesnt-know-how-to-turn-tesla-around/
Lectric XP e-Trike bundle now $1,499, Anker 299Wh power station, and more: Get $333 in free gear during the two-day lightning sale on Lectric's XP e-Trike ...
electrek.co/2024/04/23/lectric-xp-e-trike-anker-522-power-station-and-more/
Car Giants Vie For EV Crown At Beijing's Auto China Show - Forbes India: China's EV sector has exploded in recent years, and firms are now engaged in a ...
forbesindia.com/article/lifes/car-giants-vie-for-ev-crown-at-beijings-auto-china-show/92787/1
BYD: Shares take off ahead of quarterly figures: BYD shares rise 5% without news. Quarterly figures on April 29th could confirm the trend.
deraktionaer.de/artikel/aktien/byd-aktie-hebt-vor-quartalszahlen-ab-20356283.html
India Optimistic in EV Push, Claims Automakers Will Take Advantage of New Policies
techtimes.com/articles/304022/20240426/india-optimistic-ev-push-claims-automakers-will-take-advantage-new-policies.htm
Lectric’s just-revealed XPress e-bike sees $500 off launch discount, Anker SOLIX C800 Plus at $499, and more
electrek.co/2024/04/18/lectrics-xpress-e-bike-anker-solix-c800-plus-and-more/
Not into the Tesla Powerwall? You can now buy the Anker Solix X1: The whole-home power backup system, now available in North America, can store solar energy.
zdnet.com/home-and-office/energy/not-into-the-tesla-powerwall-you-can-now-buy-the-anker-solix-x1/
BYD Shark Electric Truck Debuts Online - Price, Specs, and Features Revealed: BYD unveiled the Shark electric pickup truck ahead of the Beijing Autoshow ...
techtimes.com/articles/303853/20240422/byd-shark-electric-truck-debuts-online-price-specs-features-revealed.htm
Tesla price cuts in China spark more EV discounts: SHANGHAI -- Tesla and Chinese electric vehicle startup Li Auto have announced the latest discounts for ...
asia.nikkei.com/Spotlight/Electric-cars-in-China/Tesla-price-cuts-in-China-spark-more-EV-discounts
Paid articlePaid China Stocks: Surprising Upgrade - BYD loses important support: Hang Seng Index rises on UBS analysis while BYD falls below 50-day line.
deraktionaer.de/artikel/aktien/china-aktien-ueberraschendes-upgrade-byd-verliert-wichtige-unterstuetzung-20355911.html
Why Elon Musk is going long on India
deccanherald.com/opinion/why-elon-musk-is-going-long-on-india-2988544
Tesla cuts China, US prices after sales slow, inventories rise: The stock of the Austin-based automaker is down more than 40% this year
gulfnews.com/business/markets/tesla-cuts-china-us-prices-after-sales-slow-inventories-rise-1.1713668582120
Longstanding Sheffield Ford dealership replaced by Chinese electric car showroom: It has overtaken Tesla as the world’s top selling electric carmaker
thestar.co.uk/business/consumer/longstanding-sheffield-ford-dealership-replaced-by-chinese-electric-car-showroom-4598775
Tesla's Layoffs Won't Solve Its Growing Pains: The car company popularized EVs. Now, facing intense competition from China, it has to figure out what to do next.
wired.com/story/tesla-robotaxi-pivot-china/
Tesla boss Elon Musk’s lay-offs mainly target sales staff, leaving production at Shanghai Gigafactory unaffected: sources
scmp.com/business/china-business/article/3259519/tesla-boss-elon-musks-lay-offs-mainly-target-sales-staff-leaving-production-shanghai-gigafactory
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