Tesla’s Disappointing Q3 Hits Chinese EV Makers’ Shares: Impact and Challenges

The electric vehicle (EV) market faced a significant jolt as Tesla, co-founded by Elon Musk, reported disappointing third-quarter results, missing estimates for the first time since the second quarter of 2019. The repercussions of this disappointing performance were felt across the industry, particularly among Chinese EV manufacturers. On Thursday morning, the Hong Kong-listed shares of … Read more

Tesla Slashes Prices on Model 3 & Model Y in the U.S. Amid Lower-than-Expected Q3 Deliveries

Tesla’s Strategic Move Aims to Boost Demand as It Continues Aggressive Pursuit of Higher Volume Tesla’s Price Adjustments in Response to Market Dynamics Tesla has announced price reductions on select versions of its Model 3 and Model Y in the United States, following its recent third-quarter delivery figures that fell short of market expectations. The … Read more