Automundo China

Macquarie initiated coverage on shares of BYD (OTCMKTS:BYDDY – Free Report) in a report published on Monday, StockNewsAPI reports. The firm issued an outperform rating on the stock. Separately, Nomura began coverage on shares of BYD in a report on Wednesday, February 28th. They issued a buy rating for the company. Get Our Latest Report […]

According to the latest new energy sales (NEV) sector, issued this Tuesday, Li Auto, known for its fully electric model Li Mega and four hybrids, secured 6,000 units, matching Tesla's performance.

Tesla's global job cuts hit China sales team, sources say

Tesla's global job cuts are hitting China, the automaker's biggest market after the United States, affecting staff in teams including sales, two sources briefed on the matter said. CEO Elon Musk on Monday told staff in an internal memo seen by Reuters that the company is laying off more than 10% of its global workforce, as it grapples with falling sales and an intensifying price war for electric vehicles. The two sources said some staff in Tesla's China sales team were being notified, with one saying more than 10% were losing their jobs.

BHPian speedmiester recently shared this with other enthusiasts.I took a long test drive of about 25 km in the BYD Seal yesterday.Here are my observations.Positives:Solid build quality, though I would ...

Elon Musk says need to streamline the company 'every five years'

BYD Electronic (International) (OTC:BYDIF – Get Free Report) and LSI Industries (NASDAQ:LYTS – Get Free Report) are both computer and technology companies, but which is the superior stock? We will compare the two businesses based on the strength of their risk, earnings, analyst recommendations, institutional ownership, profitability, dividends and valuation. Dividends BYD Electronic (International) pays […]

With an experience of 18 years, Drew Baglino has even co-hosted earnings calls and shared the stage with Elon Musk at multiple events.