Etiqueta: Tesla

Tesla's stock fell as much as 7% on Tuesday after Chinese rival BYD revealed new battery tech.

Yahoo Finance host Madison Mills reports on some of this morning's biggest stock moves in this Market Minute. BYD (BYDDY, 1211.HK) introduced its new ultra-fast EV charging system that can reportedly charge one of its vehicles in just 5 minutes. Lucid (LCID) stock surges on an upgrade to Hold from Morgan Stanley. Alphabet (GOOG, GOOGL) is set to buy cybersecurity firm Wiz for $32 billion. Stay up to date on the latest market action, minute-by-minute, with Yahoo Finance's Market Minute.

China’s auto giant announces an ultra fast EV charging system that it says is nearly as quick as a fill up at the pumps.

China's biggest seller of electric cars now claims to have the fastest chargers around

Chinese EV maker BYD (BYDDY, 1211.HK) has announced its latest charging systems that could reportedly charge its electric vehicles for 249 miles in driving range in just five minutes. The automaker plans to roll out vehicles with this feature next month. Brad Smith and Madison Mills report more on this and what this competition means for Tesla (TSLA). To watch more expert insights and analysis on the latest market action, check out more Morning Brief here.

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