Tesla
Wall Street looks to Nio as Tesla becomes too expensive
The average analyst price target for Nio is $49.01, with a 14% upside from Friday's closing price, while the average for Tesla is $403.24, a third below the current price.
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Tesla ruled to pay over RMB 1 million fine for alleged fraud in used car sale
Tesla was ruled to refund RMB 379,700 to the car owner and pay an additional fine of RMB 1,139,100.
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Goldman Sachs raises Tesla's price target to $780 from $455
Goldman Sachs on Wednesday raised its rating on Tesla to buy from neutral and raised its 12-month price target sharply to $780 from $455.
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LG Chem said to more than double capacity in China to meet Tesla's battery needs
"Tesla simply can't get enough batteries, so LG Chem is going to more than double its production in China."
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Tesla exec says won't rule out opening up Tesla's charging stations to other car brands
Currently, Tesla's charging stations can only charge Tesla's cars, and the company has not ruled out the possibility of opening them to other brands of electric vehicles in the fut
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Tesla establishes auto sales and service company in Nio's home turf
On November 12, Tesla Motors Sales & Service (Hefei) Co., Ltd. was established in Hefei, Anhui Province, where Nio China is headquartered.
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Tesla plans to produce 5,700 Model 3s per week at Shanghai factory
The Tesla Shanghai plant set an immediate target of producing 5,700 Model 3s per week in November, which could be enough to help Tesla meet its annual production and delivery expec
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China-made Tesla Model 3 production doubles in October compared to September
China-made Tesla Model 3 production almost doubled in October, which is also the second highest selling month for Tesla in China, according to Sina Tech.
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Nio and Tesla are starting to face each other
"Now that Nio's average unit sales price is about RMB 150,000 higher than Tesla's in China, our customers are not quite the same class of user as Tesla, and there&ap
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Tesla extends multimedia memory card warranty on select Model S, X models
Tesla said today that it is adjusting its 8GB embedded multimedia memory card (eMMC) warranty from four years or 80,000 km, whichever comes first, to eight years or 160,000 km, whi
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