Etiqueta: Tesla

Tesla (TSLA) shares continue to slide after Chinese automaker BYD (1211.HK) announced a breakthrough in electric vehicle (EV) charging. RBC analysts also cut their price target for the stock to $320 from $440. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here.

Stock futures edged down, with futures tied to the S&P 500, the Nasdaq 100 and the Dow Jones Industrial Average all pointing to a slightly lower open.

The Chinese EV maker unveiled a charging station takes five minutes and provides a 400-kilometer range.

Stocks may fall at the open. Housing starts, industrial output numbers are due later

BYD's superchargers are four times as powerful as Tesla's current chargers, which Elon Musk's firm says can add 200 miles of range in 15 minutes.

The electric car company said that its new line can run for 250 miles on five minutes’ worth of charge.

Super E-Platform offers 400km of range from just five minutes of charging

EV charging is now almost as fast as pumping gas.

BYD has presented its new ‘Super e-Platform’, which uses newly designed blade batteries and is said to support a charging rate of 10C and a charging power of

China’s energy and auto giant BYD has announced an ultra fast EV charging system that it says is nearly as quick as a fill up at the pumps. BYD, China's largest EV maker, said Monday that its flash-chargers can provide a full charge for its latest EVs within five to eight minutes, similar to the amount of time needed to fill a fuel tank. It plans to build more than 4,000 of the new charging stations across China.