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China, Tesla and BYD
More bad news for Tesla in China
Tesla's sales slip comes amid a record year for competitor BYD in the ever-important Chinese market.
Tesla's Oct China-made EV sales fall 5.3% y/y
U.S. automaker Tesla sold 68,280 China-made electric vehicles in October, down 5.3% from a year earlier, data from the China Passenger Car Association (CPCA) showed on Monday.Deliveries of China-made Model 3 and Model Y vehicles fell 22.
China's BYD overtakes Tesla revenue for first time
However, Tesla still sold more electric vehicle (EVs) than BYD in the third quarter. It comes as EV sales in China have been getting a boost from government subsidies to encourage
Tesla and Ford Threat Is Quality of China EVs
The quality of Chinese electric vehicles could threaten American automakers if tariffs did not keep them out of the U.S. market.
China, DeepRoute.ai
DeepRoute raises $100M in push to beat Tesla’s FSD in China
DeepRoute.ai, a Shenzhen-based autonomous driving technology startup, raised $100 million from an unidentified Chinese automaker. The company aims to get
China's DeepRoute.ai Raises $100 Million as Smart Driving Adoption Speeds Up
Chinese autonomous driving technology developer DeepRoute.ai has raised $100 million from an automaker, the company said on Monday, as it looks to bolster mass adoption of its systems on vehicles ahead of Tesla in China.
China’s DeepRoute.ai secures $100m for smart driving expansion
DeepRoute.ai, a Chinese autonomous driving technology developer, has secured $100m (710m yuan) funding from an undisclosed automaker, reports Reuters. The company’s existing investors, including Alibaba,
30m
on MSN
Tesla criticizes Biden's plan to ban Chinese tech in cars
Tesla said the proposed ban on Chinese-developed software would create a "massive and ultimately unnecessary regulatory ...
4d
China Market Update: BYD Revenue Exceeds Tesla, Tesla’s Market Cap Is 7X Larger
Asian equities were mixed overnight after Microsoft and Meta reported disappointing financial results after the US market ...
1d
on MSN
Tesla Shares Slide In Pre-Market As Sales Of Elon Musk-Led Company's Made-In-China EVs Drop In October
Tesla Inc shares slid over 2% in pre-market trading on Monday after China Passenger Car Association (CPCA) data showed that ...
1d
on MSN
The China threat and the EV slowdown— 2 takeaways from a busy few weeks in auto news
EV leaders are facing roadblocks heading into the final quarter of 2024.
1h
China And The Fed Are Quietly Adding To A ‘Perfect Storm’ That Could Be About To Blow Up The Bitcoin Price
Arthur Hayes, a cofounder of bitcoin and crypto derivatives pioneer BitMex who went on to set up the Maelstrom investment ...
18h
Tesla's stock falls again, toward longest losing streak in 7 months
Tesla's stock was falling 1.7% in recent trading toward a sixth straight loss, which would be the longest losing streak since the seven-day stretch that ended April 22. For those wondering it the ...
6d
Tesla Extends 0% Loans In China: Will It Help Hit 1.81 Million Vehicles In 2024?
Tesla is extending a five-year, 0% interest financing option on several vehicle models in China, a move that could boost Q4 figures.
3d
on MSN
5 reasons BYD is surging ahead after eclipsing Tesla's quarterly sales for the first time
The Chinese EV giant announced record revenues in its Q3 earnings on Wednesday, surpassing Tesla's revenues from EV sales for ...
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