Tesla Inc

Electric vehicles

Tesla’s profits fall short again in a weakened EV market

Tesla Inc. fell short of Wall Street profit estimates for the fourth consecutive quarter.

Electric vehicles

China’s EV makers taking longer to pay bills amid rising stress

Nio Inc. was taking around 295 days to clear its receipts payable at the end of 2023 versus 197 days in 2021.
Electric moves: How to invest in the EV ecosystem - THE EDGE SINGAPORE

Electric vehicles

Electric moves: How to invest in the EV ecosystem

Besides owning an EV, how can investors position for a piece of this growing ecosystem?

Electric vehicles

BYD posts record sales quarter to challenge Tesla at own EV game

BYD should find out within days whether it has sold enough cars to overtake Tesla for the first time on a quarterly basis.
Chinese Carmaker Overtakes Tesla as World's Most Popular EV Maker - THE EDGE SINGAPORE

Electric vehicles

Chinese carmaker overtakes Tesla as world's most popular EV maker

Elon Musk once scoffed at the notion that BYD could compete with his company. Now, the automaker is poised to be the new no. 1.

Wealth

Elon Musk regains his spot as the world's richest person

Musk’s wealth has been buoyed by a nearly 70% surge in Tesla Inc.’s stock price this year.

Tech

Tesla shares fall on sales miss as Musk promises 'epic' year end

Tesla said third quarter revenue rose to US$21.5 billion ($30.6 billion) compared with analysts’ projections of US$22.1 billion.

Tech

Tesla inks battery materials deals with two Chinese suppliers

The announcements come as major automakers look to scoop up battery metals in the face of a looming shortage.

Global Economy

Briefs: Apple to slow hiring and spending in 2023; Tesla sells majority of stake in Bitcoin

"Mission largely accomplished ... hasta la vista, baby." -UK’s Boris Johnson signing off at his final parliamentary appearance.
Tesla sells majority of stake in Bitcoin, adds US$936 mil of cash to its balance sheet - THE EDGE SINGAPORE

Cryptocurrency

Tesla sells majority of stake in Bitcoin, adds US$936 mil of cash to its balance sheet

Elon Musk said that Tesla sold the Bitcoin to maximise its cash position because of uncertainty related to the Covid shutdowns.
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