Etiqueta: Elon Musk

Elon Musk's recent political decisions as an advisor to Donald Trump are already affecting Tesla's sales in Europe. Tesla sold fewer than 10,000 units in Europe last mont

Chinese electric vehicle maker BYD is aiming to raise as much as 40.7 billion Hong Kong dollars ($5.2 billion) in what would be Hong Kong’s biggest share sale in nearly four years. The company is offering 118 million shares at 333 to 345 Hong Kong dollars each, according to terms of the deal seen by Bloomberg News. That implies a discount of up to 8.4 percent to BYD’s closing price on Monday, according to Bloomberg calculations. The transaction marks Hong Kong’s biggest share sale since food-del

The company is offering 118 million shares at HK$333 to HK$345 each, according to terms of the deal seen by Bloomberg News. That implies a discount of...

Tesla's 45% sales drop in Europe reveals intense competition from BYD and European brands. Learn about factors behind Tesla's decline in the European EV market.

How did a 20-employee company making mobile phone batteries go on to de-throne Tesla as the world’s top-selling manufacturer of electric cars? Jeremy

Tesla (TSLA) and BYD (BYDDF) are two leading EV manufacturers vying for one of the hottest new business segments in the market. Tesla is a U.S. company, while BYD hails from China, so there is more than just market competition between these two EV giants. Both firms intend to dominate the EV market in the coming years, but how they go about it is somewhat different. China is determined to solidify its position as the world’s dominant superpower but often finds itself trailing behind industry lea

Elon Musk's Tesla is under pressure in the world's largest car market from rivals including BYD that are fast expanding outside China.

Elon Musk's automaker is getting ready to provide its China-based customers with "driver-assistance capabilities similar to those marketed as Full Self-Driving in the US," Bloomberg reported.

Aside from unfavorable comparisons to rival advanced driver systems, calling it God’s Eye could be as misleading a moniker as Tesla’s Full Self-Driving.

The country's automakers lead in several important areas, like product, technology, and industrial supply chain