Canada’s largest public pension seems to be more bullish about electric vehicles than iPhones. Canada Pension Plan sold 85% of its Apple stock (ticker: AAPL), and scooped up shares of Tesla (TSLA), an...
Tag: LI
Jury Selection Is “Everything” In The Young Thug Rap Racketeering Trial: Experts
This booking photo provided by Fulton County Sheriff’s Office shows a booking photo of Atlanta … [+] rapper Young Thug. The Atlanta rapper, whose name is Jeffery Lamar Williams, was one of 28 pe...
Tesla stock sinks toward 2 1/2-year low after China price cuts, dragging Nio, XPeng and Li down with it
Shares of Tesla Inc. TSLA, -2.90% took a dive in premarket trading Friday, after the electric vehicle maker cut prices in China again, which also weighed heavily on rival China-based EV makers. Tesla’...
Li Auto sees record EV deliveries in December
Li Auto Inc. said Friday that it delivered more than 20,000 electric vehicles in December, which is more than 33% above the previous monthly record delivered last month. The China-based EV maker’s ann...
Nio stock drops after Tesla halts production in Shanghai
Shares of Nio Inc. NIO, -7.70% dropped 5.7% in premarket trading Tuesday, to buck the rally in the broader stock markets, as Tesla Inc.’s TSLA, -7.47% extension of its production suspension at its Sh...
Li Auto stock dips after company shows wider loss than expected
Shares of Li Auto Inc. LI, -11.44% were off more than 1% in premarket trading Friday after the Chinese electric-vehicle company logged a wider-than-expected loss for its latest quarter. The company po...
NIO shares soar in Hong Kong despite earnings miss
NIO Inc. 9866, +17.06% shares soared in Hong Kong, tracking Wall Street gains overnight as slower-than-expected U.S. inflation buoyed markets and helped investors shrug off the Chinese electric-car ma...
XPeng stock sinks toward 11th-straight weekly decline after Citi swings to bearish from bullish
Shares of XPeng Inc. XPEV, -6.39% sank 7.5% toward a record low in afternoon trading Friday, after Citi Research analyst Jeff Chung swung to bearish from bullish on the China-based electric vehicle ma...
Nio stock dives below $10, Alibaba hits 6 1/2-year low as Xi’s power move fuels fears
The U.S.-listed shares of China-based companies were rocked Monday, as China President Xi Jinping’s moves to consolidate power fueled fears that current policies that have led to a slowing economy wil...
China’s EV Startups Suffer Widening Losses Despite Sales Boom
Sept. 19, 2022 6:00 am ET Listen to article (2 minutes) HONG KONG—China’s electric-vehicle market is booming, but the country’s hottest EV startups are seeing losses grow even as sales rise. Rising ba...
XPeng Stock Is About to Go Higher, Says Analyst
Text size XPeng stock can gain in coming months, according to Deutsche Bank analyst Edison Yu. Hector Retamal/AFP via Getty Images Sometimes timing is everything. And Deutsche Bank believes now is the...
NIO stock bounces back again, and J.P. Morgan suggests it may be ‘bottoming out’
Shares of NIO Inc. NIO, +0.46% bounced into positive territory Thursday, again, to buck weakness in rival China-based electric vehicle makers, after J.P. Morgan analyst Nick YC Lai suggested they may ...
Tesla Stock Takes Hit From Nvidia’s Warning About Business With China
Text size Production at Tesla’s Shanghai Gigafactory could face another supply problem in coming months. Xiaolu Chu/Getty Images Nvidia ’s new chip problem can impact shares of some chip custome...
NIO, other China-based EV maker stocks fall after August deliveries reports
Shares of NIO Inc. NIO, -8.21% fell 2.2% in premarket trading Thursday, even after the China-based electric vehicle maker reported August deliveries that jumped 81.6% from a year ago to 10,677 vehicle...
Largest U.S. Pension Bought EV Stocks Rivian and Li Auto. What It Sold.
Text size The Rivian R1S. Pension giant Calpers bought more Rivian shares in the second quarter. Courtesy of Rivian America’s largest public pension has increased bets in electric-vehicle makers. Cali...
What Stocks Are Making Moves Monday? Li Auto, NIO, Peloton, and More.
Text size A trader works on the floor of the New York Stock Exchange. Michael Nagle/Bloomberg Stock futures were trading lower Monday after China cut interest rates following data that showed the worl...
NIO, other China-based EV maker stocks surge after July deliveries jump
The U.S.-listed shares of NIO Inc. NIO, +1.23% rallied 4.2% in premarket trading Monday, after the China-based electric vehicle maker reported deliveries rose in July from a year ago to mark a third-s...
Classic Projects May Struggle As Newcomers Li…
While much of the economy is still struggling, not every token is doing badly. There are still great projects out there, and there are ones that look to challenge big players like Chainlink and Ethere...
China’s Auto Sales Are Booming. Can the Rebound Last?
Text size China’s auto market is showing a robust rebound. Here: a BYD Tang vehicle at the company’s showroom in Beijing. Qilai Shen/Bloomberg While the recent recovery in much of China’s ...
XPeng Stock Gets Another Downgrade. It’s Becoming More Controversial Than Tesla.
Shares of pure-play electric vehicle producers can be controversial on Wall Street. High-growth car stocks can be difficult to value when the traditional auto players trade for less than seven or eigh...