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UPDATE 1-China's BYD shows effects of price war with weaker first-quarter earnings
Reuters via Yahoo Finance· 7 minutes agoChinese electric vehicle (EV) maker BYD posted its weakest quarterly profit growth since 2022 on Monday while its revenue growth slowed to the lowest level in nearly four ...
BYD Earnings Rise 11% But China EV Giant Falls Short Of Views
Investor's Business Daily· 31 minutes agoMarch's bounce followed big price cuts that revived demand, stealing a march on gas-burning and EV...
Tesla Vs. BYD: Elon Musk Touts FSD, AI Amid EV Struggles; BYD Ramps Up Models, Markets
Investor's Business Daily· 49 minutes agoInitially, these price cuts were viewed at least somewhat as proactive moves to grab market share...
China's EV Price Battle Intensifies with Tesla's Strategic Cuts - EconoTimes
EconoTimes· 7 days agoChina is on the brink of a competitive pricing battle in the electric vehicle (EV) industry,...
Cheaper Teslas? China Says ‘You Ain’t Seen Nothing Yet’
The Wall Street Journal· 50 minutes agoDeeper cuts this year could be more painful with more stable commodity prices. Yet the price war...
BYD 1Q Revenue Misses Estimate as China EV Price Cuts Take Toll
Bloomberg· 40 minutes agoChinese automaker BYD Co.’s first-quarter revenue missed estimates as aggressive price cuts across most of its lineup ate into margins.
Will the Latest Tesla EV Price Cuts Be Enough?
Autoweek via Yahoo Finance· 6 days agoTesla is seen as trying to ward off slowing demand, but there are longer-term trends at play as well. Tesla is now facing several competitors in its...
Tesla Stock Jumps As Elon Musk Scores FSD Wins In China Visit
Investor's Business Daily· 7 minutes agoActual robotaxis are rolling out as well. But it could help shore up Tesla EV pricing and demand....
Ford CFO Says EV Price Cuts Bringing Down Revenue...Faster Than Company Can Cut Costs; 'If The...
Benzinga· 4 days agoWhat Happened: Ford is eyeing hitting profitability in its EV segment with the launch of its next...
Tesla cuts prices around the globe amid slowing demand for its EVs
CBS News· 7 days agoIn the U.S., the company on Friday cut the prices of three of its five models by $2,000. Prices for...