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Tag Archives: nio

Tesla (TSLA) Stock Today Down 12% as Oil Price War Hits Everyone without Any Exceptions

Shares of Tesla (TSLA) were down 12.01% at the opening today as the oil price war between OPEC and Russia alongside deepening coronavirus anxiety in the U.S. rattled investors.Tesla Inc (NASDAQ: TSLA) stock has fallen drastically today by 12.01% retesting February’s low and support at the same time. Tesla stock market received a hard blow after OPEC and the Russians failed to come into a common agreement on the crude oil prices amidst the decline in global demand that has been as a result of...

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Tesla Competitor Nio Surges 35% after Funding Talks with Hefei Govt

As the competitor of Tesla, Nio is discussing its future with the Hefei govt, NIO stock gained 30% on Tuesday. Today the stock keeps growing.Nio inc (NYSE: NIO) stock rose more than 30% on Tuesday. The rise happened after the company indicated a landmark agreement with the Heifei municipality in China.Could Nio becomes the new Tesla Inc (NASDAQ: TSLA)? The time will show. At the time of writing, NIO stock is trading at $4.60 indicating a rise of 4.55% within a trading day. TSLA is doing not...

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Mobileye Views Robotaxi Services as Its Chance to Surpass Waymo and Other Big Players

The global leader in the development of vision technology for Advanced Driver Assistance Systems and autonomous driving Mobileye has long been competing with such companies as Waymo, Velodyne Lidar, Oryx, and more. And there is no surprise as this industry requires a quick reaction to constantly changing demands. Mobileye aims to surpass Waymo and other players, therefore, the company is bringing the big guns. Mobileye has decided to deploy commercial robotaxi services and focus more on its...

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Tesla Is Going to Lower Price for Its China-Produced Sedan

Automaker giant Tesla Inc. announced a price decrease for its Model 3 sedans that are built in China by 20% or more next year. Sources familiar with the situation told Bloomberg that Tesla hopes this move will attract new (and old) customers.However, it is not easy to just cut costs. Still, Tesla has an idea. It will try to bring it down by using more locally produced parts, allowing it to import fewer components and avoid tariffs in that way.New, lower prices might start at 355,800 yuan...

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