Yahoo Finance Tesla Rivals In China Grow EV Sales But 'Constant' Price Cuts Seen Eroding Profits
Promotions and incentives amid the price war boosted deliveries but could weigh on profits, experts say.
Promotions and incentives amid the price war boosted deliveries but could weigh on profits, experts say.
Whether you want to save money on gas or want to be more environmentally friendly, an electric vehicle can be an appealing option. But with so many EV models on the market, it can be hard to know...
Australia is "straying from the narrow path", so could that spell a recession?
Finance expert Ben Nash details how to avoid tax and build your retirement nest egg with these super tricks.
There's an easy way for EV drivers to make deduction claims if they use their car for work.
Tesla announced another recall for its Cybertruck, its fourth since its release in late last year, but within the recall notice is an interesting nugget on how many Cybertrucks are actually out in the wild.
The practice, if it does not 'immediately cease', could attract a $330 fine, one Tesla owner has been warned in a letter from council.
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Dashcam footage captured on a dark road in Auckland appears to show a large hooded and balaclava-wearing man brazenly approach a Tesla driver in the thick of the night.
Public transport fares are increasing in these Aussie states next week. Here’s how much extra you’ll pay.
We recently compiled a list of the 30 Wealthiest People in Singapore and in this article, we will look at the richest person in Singapore. An Outlook of the Singaporean Economy According to the Ministry of Trade and Industry (MTI), the Singaporean economy rose at a more rapid pace than expected in Q1 2024. The GDP […]
The maker of Peugeot, Citroën, Vauxhall and Fiat vehicles, Stellantis, has threatened to end its car making in the UK due to electric vehicle (EV) production rules.
The yuan is facing its highest level of capital outflow in eight years, according to new research, and data suggest a wave of offshore yuan remittances from Hong Kong to mainland China have helped offset some of the currency's looming depreciation pressures. China's trailing 12-month net capital outflows stood at US$139 billion as of May 2024, the worst year for the figure since the period from 2016 to 2017, said the French investment bank Natixis in a presentation on Tuesday. Firms are reluctan
Aussies are using less and less cash with the drop recorded across ages, incomes and locations.
Most retirees live on a fixed income, so you're always looking for ways to reduce expenses and save money. This isn't always easy, especially if you're already living with the least amount possible,...
The worst fears of household borrowers could soon be realised as the Reserve Bank grapples with stubbornly persistent price pressures.
Volkswagen has recalled 271,330 of its Atlas SUV vehicles due to faulty passenger-side airbags.
Emergency services have been called to two separate light plane crashes on rural properties.
The use of family trusts in Australia is more widespread than many realise. How do they work, and why are they controversial?
Instead of considering EVs and hybrids as competing solutions, we should recognise that they are complementary solutions for different problems, Patrice Haettel writes.
With Nvidia up over 154% year to date, Stifel managing director and chief equity strategist Barry Bannister joins Morning Brief to give insight into Nvidia's (NVDA) recent moves and how the tech giant reminds him of Cisco's (CSCO) performance during the dot-com bubble. "What happened with Cisco (CSCO) is, and same thing happened to Microsoft (MSFT), and Amgen (AMGN) and a number of other big cap stocks, is their PE multiple was too high and they earned into it over the course of the next 15 years. So the earnings went up dramatically, as was expected. This happened with the nifty 50 stocks in the early 70s. They earned very well, but their PE multiples were too high ... those companies had these mid-30s, 40-time multiples. They earned into it over the course of a decade," Bannister explains. He outlines the similarities between the dot-com bubble and the AI sector today: "But what we have today is extreme optimism on new technology. Then it was the internet, now it's AI. Narrow markets, increasingly narrow markets with a high valuation. Equity ownership was very high. And the day traders and all that. I'm just saying that you have to have been there 25 years ago to remember that it was a very similar feeling environment today." For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Nicholas Jacobino