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Tesla contributes nearly 25% of Shanghai’s general auto manufacturing

Baua Electric

contributed nearly one-quarter of Shanghai’s general automobile manufacturing price endmost month, native media reported, in an indication of the way briefly the electrical automotive maker has ramped up output in China. billion yuan ($26.4 billion yuan ($26.4 1 million vehicles a month.

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Tesla signs truce with Chinese Automakers to end EV price war

Teslarati

Tesla and 16 Chinese automakers signed a truce ending the EV price war. Tesla was the only foreign automaker at the meeting. Executives from Tesla and 16 China-based automakers participated in a signing ceremony at the China Auto Forum in Shanghai held on July 6, 2023.

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Teslas are worth longer term auto loans, study finds

Teslarati

Car buyers who ultimately end up purchasing Tesla electric vehicles end up having the longest average auto term loans, a new study from LendingTree says. LendingTree surveyed over 29,000 auto loans spanning over three years to conclude that Tesla drivers are applying and receiving the longest term loans.

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The $10,000 BYD Seagull EV is scaring the U.S. auto industry

Teslarati

China is the world’s largest automotive market, and understandably so, an important one for electric vehicle (EV) makers like Tesla. market, the company’s recent release of a city EV with a price tag under $10,000 has some worried for when it and other low-cost companies do. auto market anytime soon , some U.S.

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Tesla targets 2022 to finalize India manufacturing plans: analyst

Teslarati

Tesla’s manufacturing efforts in India could launch as soon as 2022, according to Soumen Mandal, an analyst at Counterpoint Research. Mandal sees India as perhaps one of the largest beneficiaries of the ongoing EV movement globally, and the analyst believes Tesla is well aware of this fact.

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BYD sets lower sales growth & warns of looming price war

Teslarati

BYD set lower sales growth goals for 2024, warning of a looming price war and overcapacity in Mainland China’s electric vehicle (EV) sector. Tesla & CATL deemed the Power Couple to Recharge the US EV Market: Morgan Stanley The top EV manufacturer forecasts for 2024 are hopeful. million units. million units.

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Tesla price targets move as analysts unravel massive Q2 earnings beat

Teslarati

Following Tesla’s ( NASDAQ: TSLA ) second-quarter Earnings Call that took place on Monday evening, analysts tasked with following the automaker’s stock have revised their price targets, working to unravel the massive beat that the company reported. Dorsheimer lowered his price target on Tesla to $768.00

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