On Monday, in a statement Tesla Inc said, it has commenced delivery of its Shanghai-made Model Y sports utility vehicles (SUV) to Chinese customers. In November 2020, Tesla had obtained permission from the Chinese government to start selling Model Y… Read More ›
On Tuesday, Chinese electric vehicle maker Xpeng Inc said, it has secured a $2 billion (12.8 billion yuan) credit line from five Chinese banks for expanding its manufacturing and sales. New York-listed Xpeng, which has a market value of $35… Read More ›
On Saturday, driven by a steady adoption of electric vehicles, Tesla Inc reported a better-than-expected 2020 vehicle deliveries and narrowly missed its CEO’s ambitious full-year delivery goal. The results come at a time when the global auto industry, like most… Read More ›
On Tuesday, in a statement Indonesia’s deputy minister at the coordinating ministry of maritime and investment affairs said, China’s Contemporary Amperex Technology (CATL) plans on investing $5 billion in a lithium battery plant in the country. The plant is scheduled… Read More ›
According to sources familiar with the matter at hand, Tesla Inc is negotiating a nickel supply deal with the BHP Group as part of a broader effort to ramp up production and meet higher production targets in an effort to… Read More ›
This is a must read for those looking to purchase a car. In what is likely to be an eye opener, an annual ranking exercise by researcher J.D. Power revealed that South Korean brands have once again demonstrated their best… Read More ›
Citron Research, has since long shorted Tesla’s stock. Wonder what has trigerred this change in its strategy. How did Musk make Tesla’s stock expensive for short sellers? Million dollar question. Citron Research Founder Andrew Left stated, he no longer holds… Read More ›
With U.S. tariffs biting hard, China is hoping to rely on its huge population to fuel its economy. China’s state planner aims at introducing policies that boost domestic consumption across a range of segments. A senior state planning official from… Read More ›
Jay Clayton, the Chairman of the SEC, appeared to be unaware of Musk’s October 4 tweet which described the SEC as the “Shortseller Enrichment Commission”. Despite Tesla’s Chief Executive Elon Musk’s mocking tweet on the chairman of the U.S. Securities… Read More ›
With U.S. tax breaks on Tesla cars set to diminish, it would be smart for potential buyers to snag one at cost-effective prices. Following the launch of a new Tesla Model 3 version for $45,000, shares of the U.S. electric… Read More ›
