Etiqueta: Elon Musk

There are still some big questions that remain for British motorists about this relatively little-known brand.

Warren Buffett's Berkshire Hathaway has accelerated its selling of shares in BYD, China's largest seller of electric vehicles. Berkshire reduced its stake in BYD's issued H-shares to 5.99% on June 19, according to a Tuesday filing with the Hong Kong stock exchange. Berkshire may cease disclosing BYD sales after its ownership stake falls below 5%.

Billionaire Wang Chuanfu, whose BYD Co. is set to surpass Tesla as the world’s largest EV maker, is more focused than Elon Musk on producing cheap transportation for the masses.

The latest data from S&P Mobility finds that EV inventory at the end of April climbed 5.7% compared to the prior month and up 105% compared to a year ago. This despite steep discounting for EVs through most of the year.

BoA argues GM, Ford and Stellantis either face a future of funding continued losses in China or they can redeploy resources to finally become competitive with Tesla—but they can't do both.

General Motors, Tesla, ChargePoint, Blink Charging and Lion Electric are part of the Zacks top Analyst Blog.

Warren Buffett’s Berkshire Hathaway has further cut its large stake in BYD, which vies with Tesla as the world’s largest electric car (EV) maker, as global trade tensions escalate over Chinese EVs.

Warren Buffett’s Berkshire Hathaway has further cut its large stake in BYD, which vies with Tesla as the world’s largest electric car (EV) maker, as global trade tensions escalate over Chinese EVs.

Tesla (TSLA) shareholders approve Musk's massive pay package, showing strong support. Meanwhile General Motors (GM) cuts forecast for EV production and sales for 2024.

The top-selling Tesla Model Y will soldier on unchanged until at least 2025 according to Tesla boss Elon Musk.