$Tesla(TSLA.US$
Elon Musk has been making lofty predictions about robotaxis and self-driving cars for nearly a decade. Is this time any different?
On Tesla's latest earnings call, Elon Musk made it very clear that self-driving cars and other forays into artificial intelligence will be the automaker's main focus going forward. Sure, he talked a bit about the mysterious new models Tesla plans to release next year, but he declined to elaborate on th...
Elon Musk has been making lofty predictions about robotaxis and self-driving cars for nearly a decade. Is this time any different?
On Tesla's latest earnings call, Elon Musk made it very clear that self-driving cars and other forays into artificial intelligence will be the automaker's main focus going forward. Sure, he talked a bit about the mysterious new models Tesla plans to release next year, but he declined to elaborate on th...
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$BYD COMPANY(01211.HK$ $BYD Co.(BYDDF.US$
Under pressure from the US, the Mexican government could stop incentivising Chinese EV manufacturers when building a factory there. BYD will be one of the manufacturers affected by this new policy.
As the news agency Reuters reports, the move concerns access to low-cost public land or tax breaks for investments in EV production in Mexico. Tesla will likely receive such subsidies for its Giga Mexico in th...
Under pressure from the US, the Mexican government could stop incentivising Chinese EV manufacturers when building a factory there. BYD will be one of the manufacturers affected by this new policy.
As the news agency Reuters reports, the move concerns access to low-cost public land or tax breaks for investments in EV production in Mexico. Tesla will likely receive such subsidies for its Giga Mexico in th...
$GEELY AUTO(00175.HK$
Chinese electric car brand Zeekr is selling more vehicles than Tesla in parts of China, and plans to expand in Europe and Latin America this year, Zeekr CEO Andy An told CNBC on Wed.
The sales momentum comes as Elon Musk's automaker reported its biggest drop in global quarterly revenue since 2012.
"We’ve already outsold Tesla in some areas. Our sales gap with Tesla keeps on narrowing,” An said in Mandarin, translated by CNBC.
For the first three weeks of Apr, Zeekr sold ...
Chinese electric car brand Zeekr is selling more vehicles than Tesla in parts of China, and plans to expand in Europe and Latin America this year, Zeekr CEO Andy An told CNBC on Wed.
The sales momentum comes as Elon Musk's automaker reported its biggest drop in global quarterly revenue since 2012.
"We’ve already outsold Tesla in some areas. Our sales gap with Tesla keeps on narrowing,” An said in Mandarin, translated by CNBC.
For the first three weeks of Apr, Zeekr sold ...
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$Seatrium(S51.SG$
Seatrium has defended a significant increase in its director fees this year despite a record net loss of almost S$2 billion (US$1.47 billion) in 2023, its third consecutive annual loss.
Seatrium on Mon responded to shareholder questions about a 23% increase in director fees, to S$2.9 million, despite the company not being profitable and not paying dividends for several years.
Seatrium defends director fees hike amid record loss
Seatrium has defended a significant increase in its director fees this year despite a record net loss of almost S$2 billion (US$1.47 billion) in 2023, its third consecutive annual loss.
Seatrium on Mon responded to shareholder questions about a 23% increase in director fees, to S$2.9 million, despite the company not being profitable and not paying dividends for several years.
Seatrium defends director fees hike amid record loss
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$VOLKSWAGEN A G(VWAGY.US$
Volkswagen unveiled ID. Code 01 electric SUV ahead of its public debut at the Beijing Auto Show on Apr 25. It is designed for L4 autonomous driving, has a built-in robotic vacuum cleaner, and aims at young buyers. Volkswagen says the car has the new Chinese DNA as it follows the “in China for China strategy.”
ID. Code 01 is a design show car that Volkswagen will use as a concept for its ...
Volkswagen unveiled ID. Code 01 electric SUV ahead of its public debut at the Beijing Auto Show on Apr 25. It is designed for L4 autonomous driving, has a built-in robotic vacuum cleaner, and aims at young buyers. Volkswagen says the car has the new Chinese DNA as it follows the “in China for China strategy.”
ID. Code 01 is a design show car that Volkswagen will use as a concept for its ...
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$XPeng(XPEV.US$
XPeng is targeting young consumers with its new affordable range of EVs.
The Chinese company is known for its wild flying vehicles and out-there inventions.
Now it's launching AI-driven cars that will carry a jaw-droppingly low price tag. Xpeng is going to beat Tesla at its own game.
Chinese EV automaker XPeng was founded in 2014 but has rapidly made waves in the automotive world.
It developed the XPeng X2 – the world'...
XPeng is targeting young consumers with its new affordable range of EVs.
The Chinese company is known for its wild flying vehicles and out-there inventions.
Now it's launching AI-driven cars that will carry a jaw-droppingly low price tag. Xpeng is going to beat Tesla at its own game.
Chinese EV automaker XPeng was founded in 2014 but has rapidly made waves in the automotive world.
It developed the XPeng X2 – the world'...
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$Chongqing Sokon Industry Group Stock(601127.SH$
On the eve of the Beijing Auto Show Huawei held its Intelligent Vehicle Solution Conference and notably unveiled its new intelligent driving brand Qiankun. It forms part of Huawei's intelligent vehicle solutions package and should begin to be used by partners soon.
Jin Yuzhi, CEO of Huawei's Intelligent Solutions business unit, announced the launch of Qiankun ADS 3.0 intelligent ...
On the eve of the Beijing Auto Show Huawei held its Intelligent Vehicle Solution Conference and notably unveiled its new intelligent driving brand Qiankun. It forms part of Huawei's intelligent vehicle solutions package and should begin to be used by partners soon.
Jin Yuzhi, CEO of Huawei's Intelligent Solutions business unit, announced the launch of Qiankun ADS 3.0 intelligent ...
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$Winking Studios(WKS.SG$
Winking Studios has proposed a secondary listing on the London Stock Exchange's (LSE) sub-market AIM to boost its European presence in the global gaming industry.
The company says that the proposed AIM listing will provide an additional quoted platform for its securities to be traded via an established stock exchange in Europe, while enabling the company to gain access to a diversified base of shareholders and investors comprising new institutional and private investors...
Winking Studios has proposed a secondary listing on the London Stock Exchange's (LSE) sub-market AIM to boost its European presence in the global gaming industry.
The company says that the proposed AIM listing will provide an additional quoted platform for its securities to be traded via an established stock exchange in Europe, while enabling the company to gain access to a diversified base of shareholders and investors comprising new institutional and private investors...
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$IFAST(AIY.SG$
DBS Group Research analyst Ling Lee Keng has upgraded iFast Corporation to "buy" from "hold" previously as the group's outlook turns more positive. She raised her tp to 9.57.
"The outlook for the group is improving as the key growth driver for 2024 and 2025 - the ePension division - is progressing well. The group is on track for stronger growth ahead," Ling writes in her Apr 26 report.
DBS upgrades iFast to 'buy' with higher TP of $9.57 as outlook turns more positive
DBS Group Research analyst Ling Lee Keng has upgraded iFast Corporation to "buy" from "hold" previously as the group's outlook turns more positive. She raised her tp to 9.57.
"The outlook for the group is improving as the key growth driver for 2024 and 2025 - the ePension division - is progressing well. The group is on track for stronger growth ahead," Ling writes in her Apr 26 report.
DBS upgrades iFast to 'buy' with higher TP of $9.57 as outlook turns more positive
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$Hang Seng Index(800000.HK$
Bullish signs from Hang Seng Index.
The HSI bottomed at 14794.16 in Jan 2024. It then formed an inverse head and shoulders pattern. It has now broken out of the downtrend channel and the EMA200. Bullish in the short term.
$S&P 500 Index(.SPX.US$ $Lion-OCBC Sec HSTECH S(HST.SG$ $Dow Jones Industrial Average(.DJI.US$ $Nasdaq Composite Index(.IXIC.US$
Bullish signs from Hang Seng Index.
The HSI bottomed at 14794.16 in Jan 2024. It then formed an inverse head and shoulders pattern. It has now broken out of the downtrend channel and the EMA200. Bullish in the short term.
$S&P 500 Index(.SPX.US$ $Lion-OCBC Sec HSTECH S(HST.SG$ $Dow Jones Industrial Average(.DJI.US$ $Nasdaq Composite Index(.IXIC.US$
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bullrider_21OP Stock_Drift: I doubt Tesla can make a robotaxi, yet more affordable.
bullrider_21OP Stock_Drift: They say they will unveil the robotaxi in Aug. Unveil means show the plans only. Actual launch could be many years away.