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News
Overnight news: US stocks have declined four times in a row, and the US Federal Reserve lays off for the first time in more than ten years, and the US auto strike escalates international oil prices or continues to soar
For more global financial information, please move on to 7×24 hour real-time financial news Market closing: US stocks closed down on Friday, S&P and NASDAQ both fell for the third week in a row, September 22, Top 20 in US stock turnover: Apple's four iPhone 15 models went on sale on Friday. Analysts said demand was strong, popular, China, Auto Tech rose more than 31%, Ali rose more than 4%, Quantum Song fell more than 7% on Friday, US WTI crude oil closed slightly by 3 cents, New York gold futures closed 0.3% higher plate Germany's DAX3 fell in general
Wall Street Today | Fed Officials See More Rate Hikes Possible While Inflation Persists
Two Federal Reserve officials said at least one more interest-rate hike is possible and that borrowing costs may need to stay higher for longer for the US central bank to ease inflation back to its 2% target.
Express News | S&P 500 Up 0.3%; Nasdaq Composite Advances 0.4%
Comments
Good demand for XPeng G9 SUV
The 2024 G9 received more than 8,000 firm orders within 72 hours of launch, and deliveries began on September 21, Xpeng said.
"Our production volume will grow rapidly next to allow more customers to experience the premium smart driving experience that the G9 delivers as early as possible," Xpeng said.
Xpeng launched the new G9 at an event in Dunhuang, Gansu province in northwest China, on the evening of September 19, with a starting price of RMB 263,9...
Tesla Price Predictions
Troubled Waters Ahead
Some major selling took place last week in the markets. The selling was especially pronounced with Tesla as its share price has fallen over 12% in the past 6 trading days.
From a technical standpoint, it looks like there will be more downside in the near future. But I wouldn't be surprised if we see a small rebound in price before the selling continues.
Is the Rally Over?
TSLA has been in a strong uptrend throughout this whole year. W...



Gov. Sepulveda’s updates suggest Tesla’s plans for Giga Mexico are on track.
The Korea Times:
Chinese car component makers are rushing to build production plants in Mexico so they can supply parts to Tesla's new factory in the Central American nation.
At least seven mainland-listed companies have already announced their plans to expand in Mexico after Elon Musk's Texas-based carmaker starte...

ZnWC : Announcing number of pre-sale orders in China is a marketing ploy for many car companies.
The article reported that NIO announced 200,000 pre-orders. Note that back then NIO monthly sale was only 9,000 to 10,000 on average and we now knew that the actual monthly sales was much lesser. Hence the pre-orders sales is overly exaggerated. In China, announcing the number of pre-sale orders has become a marketing ploy for many car companies.
https://www.moomoo.com/community/feed/110487141285894?global_content=%7B%22invite%22%3A%22101709443%22%2C%22promote_content%22%3A%22mm%3Afeed%3A110487141285894%22%7D&data_ticket=212ca245a589f1e400fb2e247953bc77
ZnWC : Reading not to be missed:
Tesla Wins as Europe Readies Crackdown on Chinese EVs. NIO, XPeng Stocks Plunge
https://www.moomoo.com/community/feed/111059024084998?global_content=%7B%22invite%22%3A%22101709443%22%2C%22promote_content%22%3A%22mm%3Afeed%3A111059024084998%22%7D&data_ticket=212ca245a589f1e400fb2e247953bc77