Major Chinese new energy vehicle (NEV) making stocks fell on Wednesday, tracking steep overnight losses in Tesla after the world’s most valuable electric vehicle (EV) maker clocked a quarterly decline in deliveries. Tesla delivered 386,810 vehicles against estimates of 449,080 vehicles. The miss ramped up concerns over slowing demand in the EV maker’s biggest markets, particularly in China.
This trend could draw even more aggressive price cuts from the firm, which bodes poorly for its competitors in China
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:
Sverige Senaste nytt, Sverige Rubriker
Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.
Wall Street is getting excited about these Chinese stocks — and upgrading three to 'buy'Investment analysts have upgraded at least three U.S.-listed Chinese stocks to buy so far this month.
Källa: CNBC - 🏆 12. / 72 Läs mer »
Klaus Pflugbeil, Yilong Shao charged with stealing Tesla information for Chinese businessTwo men have been accused of stealing Tesla trade secrets to set up their own electric vehicle battery manufacturing business in China.
Källa: WashTimes - 🏆 235. / 63 Läs mer »
Jim Cramer shares his thoughts on 5 stocks including Tesla, Hertz and Super MicroDuring the CNBC Investing Club's Morning Meeting on Monday, Jim Cramer opined on five stocks outside the Club's portfolio including Tesla and Hertz Global.
Källa: CNBC - 🏆 12. / 72 Läs mer »
Chinese stocks slide as investors maintain caution after US inflation reportChina stocks slide after the overnight United States inflation report.
Källa: wjxt4 - 🏆 246. / 63 Läs mer »
Stocks making the biggest moves midday: Tesla, GE Vernova, UnitedHealth Group and moreThese are some of the stocks posting the largest moves in midday trading.
Källa: CNBC - 🏆 12. / 72 Läs mer »
U.S. Stocks Fall on Reduced Rate Cut Expectations, Tesla LossesU.S. stocks fell sharply on Tuesday, weighed by reduced expectations for early interest rate cuts as well as hefty losses by EV heavyweight Tesla. The strong U.S. manufacturing activity data on Monday saw traders push back expectations of the Federal Reserve's first interest rate cut this year. The U.S. economy is expected to have added 205,000 jobs in March, slowing from the 275,000 jobs added in February, amid hopes that the economy is set for a "soft landing", in which inflation moderates but the economy avoids a severe downturn. A host of Fed officials including New York Fed President John Williams, Cleveland Fed President Loretta Mester and San Francisco President Mary Daly are also scheduled to speak later in the day. The CME's FedWatch tool now factors in around 62% odds of a Fed rate cut in June, down from about 70% probability a week ago
Källa: Investingcom - 🏆 450. / 53 Läs mer »