News Formal

Chinese EV stocks rise as Elon Musk says Tesla's biggest rival will come from China - Autoblog

  • 📰 therealautoblog
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 51%

Australia News News

Australia Australia Latest News,Australia Australia Headlines

Chinese EV stocks rise as Elon Musk says Tesla's biggest rival will come from China

vehicles, jumpstarted a price war in China, the world's largest auto market, by reducing prices in October and in January.

The price changes"really make a difference for the average consumer," Musk said in his call with analysts.were higher than a Refinitiv consensus forecast of $1.05. raised his Tesla price target to $200 from $175 and said Tesla has a beatable vehicle-delivery target of 1.8 million in 2023.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 528. in AU

Australia Australia Latest News, Australia Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Elon Musk Says Tesla's Biggest Rival Is 'Some Company Out Of China'Tesla CEO Elon Musk did not name names but said he believes Chinese automakers are the most competitive in the world. It's BYD. Hell even I'm interested in some there EVs. TaylorOgan Geely/Polestar is going to be a big contender. VW will have more volume than Tesla in 2024. Ford and GM will too once battery manufacturers ramp up.
Source: InsideEVs - 🏆 579. / 51 Read more »

Tesla earnings: Elon Musk needs to soothe fears over his Twitter sagaElon Musk needs to soothe investor fears over his Twitter saga as Tesla faces one of the most important moments in the history of the company, Wedbush says
Source: BusinessInsider - 🏆 729. / 51 Read more »