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Latest Breaking News On - Hk 1211 - Page 17 : comparemela.com
XPeng Stock Is Down on Earnings It Has an EV Demand Problem
Chinese EV maker XPeng reported first-quarter results Wednesday. Sales missed Wall Street estimates.
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Tesla EV Peer BYD Cut Prices Again Chinese Demand Isn t a Problem
BYD, the electric-vehicle leader in China, has taken a page from the Tesla playbook and is cutting prices. That s making investors nervous.
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Warren Buffett s Berkshire Hathaway Sells More Stock In China s EV Leader BYD
The group has taken profits in the electric-vehicle maker. The move hasn t impacted shares yet.
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BYD s Growth Is Unrelenting It s Catching Up to Tesla
Chinese EV maker BYD sells 104,364 battery-electric vehicles in April, up about 82% from the 57,403 delivered a year earlier.
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Buffett-Backed BYD Posts Profit Fall Tesla s Price War Is Having an Impact
The market leader in China appeared to feel the impact of a slowdown in demand for cars, as well as a continuing price war, as profits fell from the fourth quarter of 2022.
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