News Formal

Chinese EV stocks tank after Tesla earnings disappoint

  • 📰 CNBC
  • ⏱ Reading Time:
  • 12 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 72%

United Kingdom News News

United Kingdom United Kingdom Latest News,United Kingdom United Kingdom Headlines

Shares of Chinese EV makers plunged Thursday morning after Tesla CEO Elon Musk delivered grim news on Tesla's outlook.

Hong Kong-listed shares of Chinese EV makers plunged Thursday morning after Tesla CEO Elon Musk delivered grim news on Tesla's outlook on Wednesday.

During Tesla's earnings call Wednesday, Musk cautioned that the Tesla Cybertruck – its battery electric full-size pickup truck model – would not deliver significant positive cashflow for 12 to 18 months after production begins.

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:

 /  🏆 12. in UK
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines

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

Chinese EV stocks tank after Tesla earnings disappointShares of Chinese EV makers plunged Thursday morning after Tesla CEO Elon Musk delivered grim news on Tesla’s outlook.
Source: NBCDFW - 🏆 288. / 63 Read more »

Chinese EV makers sink tracking disappointing Tesla Q3 earningsChinese EV makers sink tracking disappointing Tesla Q3 earnings
Source: Investingcom - 🏆 450. / 53 Read more »