Automundo China

Elon Musk doubled down on his robotics vision, predicting that Optimus will eventually represent approximately 80% of Tesla's total value.

Porsche, Audi, Volkswagen, Hyundai, Hyundai Mobis, BYD, Bosch, MOIA, XYTE Mobility

There are essentially two different ways a company can account for Research and Development (R&D) spending: as an operating expense that reduces reported net earnings or as a capital expenditure, counted as investing money from net earnings and other sources. One shows up on the income statement, the other shows up on the balance sheet. It might seem like a minor difference, but it can significantly impact financial reporting and how a company approaches R&D.

Tesla stock sees a boost following strong sales in China and Turkey. Despite softer results in India and Europe, the company’s growth in international markets signals strong potential.

China has just developed a brand new piece of technology which is set to revolutionize electric vehicles in ways that we never thought were possible

Tesla’s latest addition to its lineup, the six-seat Model Y L, is proving to be a massive hit in China, with early demand far exceeding expectations. According to a local media report, citing a Tesla […]

China's electric vehicle market faces intense competition and slowing growth, impacting major players like BYD and Tesla, and drawing attention from Beijing.

BYD invests $600 million into the production of electric and hybrid vehicles in Brazil, a testament to the strong trade relations between the nations at the moment.