Tesla
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On the way to catch up with Tesla, where did NIO, Li Auto and XPeng spend their money?
The amount of money they are spending on capital expenditures speaks for itself and is a sign of confidence and ambition.
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Tesla shorts have lost $35 billion year-to-date
Tesla shorts lost more than the US airline industry which had experienced the worst year ever.
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NIO founder cites strong local supply chain as advantage for Chinese EV companies
Automotive brands around the world are basically looking for supply chains in China, including Tesla, Toyota, and Volkswagen, which is a huge advantage for local brands, William Li Bin said.
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After Tesla, Baidu also found to be misusing XPeng's image
Everyone seems to be using XPeng's images or video when promoting their navigation capabilities. After Tesla, Baidu is the latest to do so.
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Tesla's Shanghai Gigafactory may soon begin production of Performance Model 3
Tesla has registered the Performance Model 3 to China's Ministry of Industry and Information Technology (MIIT), as well as the Zero-G wheels and new headlights for the electric car.
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JP Morgan raises price target on Tesla from $80 to $90, but that's still 86% below current level
JP Morgan recommends investors not weight Tesla shares in their portfolio in equal proportion to the S&P because Tesla shares are "by virtually every conventional metric not only overvalued, but ramatically so."
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Will NIO follow Tesla, XPeng, Li Auto in issuing additional shares?
William Li Bin, the founder of NIO, said the company has no plans to raise additional funding in the short term to support NIO's growth.
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Tesla to sell up to $5 billion in additional shares, stock down over 2% pre-market
Tesla plans to issue additional shares and expects to receive up to $5 billion in capital. Tesla fell from up to down 2.55 percent in pre-market trading hours on the news.
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China-made Model 3 sales almost double to 21,604 units in November
New carmakers such as NIO, Li Auto, WM Motor, XPeng Motors, Hozon Auto, Leap Motor continue to maintain strong growth, according to a latest industry report.
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Owner complains that his Tesla Model 3 gets only half the battery life it was supposed to
Recently, a Beijing car owner complained that his newly purchased China-made Model 3 has an actual range of only about 200 km, which is half the official NEDC range of 468 km.