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$Straits Times Index(STI.SI)$
Md Rocky
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in China are Focus","url":"https://stock-news.laohu8.com/highlight/detail?id=1177251690","media":"Tiger Newspress","summary":"Tesla is scheduled to release its third-quarter (Q3) earnings report on 23 October after the bell. This electric car maker is expected to post quarterly earnings of $0.594 per share in its upcoming re","content":"<html><head></head><body><p>Tesla is scheduled to release its third-quarter (Q3) earnings report on 23 October after the bell. </p><p>This electric car maker is expected to post quarterly earnings of $0.594 per share in its upcoming report. Revenues are expected to be $25.388 billion, according to Bloomberg's unanimous expectations.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/4bba84c2056be77845689b3cce502051\" tg-width=\"1101\" tg-height=\"374\"/></p><p>These projections come amidst a challenging market environment for Tesla. The company has been grappling with narrowing profit margins and a blunted near-term outlook, largely due to slumping electric vehicle (EV) prices and intensifying competition in key Asian markets.</p><p style=\"text-align: start;\">Despite these challenges, Tesla's stock has shown resilience, rising nearly 70% from its late-April low. This uptick can be attributed to improved quarterly delivery figures and CEO Elon Musk's continued emphasis on the profit potential of autonomous driving technologies.</p><h2 id=\"id_35297194\">Robotaxi unveiling: A pivotal moment for Tesla</h2><p>In a significant move, Tesla on Thursday 10 October unveiled its highly anticipated Robotaxi, showcasing the company's vision for a global fleet of autonomous vehicles. The event featured two new self-driving vehicles: a compact, self-driving coupé called the Cybercab, and a larger self-driving van with 20 seats dubbed the Robovan.</p><p>Both vehicles operate without steering wheels or pedals, relying on artificial intelligence (AI) and cameras rather than Lidar sensors and inbuilt mapping software. Musk announced plans to begin producing the Cybercab by 2027, with a projected consumer price of $30,000.</p><p>This unveiling represents a key component of Tesla's future strategy, with some analysts projecting significant revenue potential from this venture. Some analysts increased their Tesla price target, suggesting that the robotaxi business could represent $153 billion in revenue for Tesla.</p><h2 id=\"id_2551870086\">Executive departures and leadership changes</h2><p>The Robotaxi unveiling came at a time of significant changes within Tesla's leadership. Four of Elon Musk's direct reports recently announced their exits from the company, with several of these executives having dedicated nearly a decade or more to Tesla.</p><p>This shake-up in leadership occurs as Tesla shifts its focus from traditional automaking to autonomous driving, robotics, and AI-related technologies. The impact of these departures on the company's operations and future strategy will likely be a topic of interest during the earnings call.</p><h2 id=\"id_3112181743\">Market challenges and future outlook</h2><p>Tesla faces several challenges as it heads into its Q3 earnings report. The company has been struggling with a pullback in consumer demand and intensifying competition, particularly in key Asian markets. These factors have impacted Tesla's earlier forecasts of 50% annual growth in overall deliveries.</p><p>However, Tesla continues to expand its presence globally. The company recently announced plans to make its 'Full-Self-Driving' advanced driver-assistance software available in Europe and China next year, pending regulatory approvals.</p><p>The global robotaxi market is projected to generate substantial revenue by 2040, with estimates reaching $1.7 trillion. However, some analysts remain sceptical, arguing that previous predictions about the size and scale of the robotaxi market have been overly ambitious.</p><h2 id=\"id_1015848505\">Results Likely Be Boosted By Gains In China</h2><p>Tesla’s delivery growth this quarter has likely been supported by its recovery in China - a market where the company has faced intense competition from local rivals and slowing consumer demand. Tesla ramped up promotions in China, offering zero-interest loans of up to five years and upfront discounts on select models. </p><p>Additionally, government EV subsidies and the approval of Tesla’s Model Y for government use should further boost sales. </p><p>While Tesla does not disclose its Chinese delivery figures, data from the China Passenger Car Association shows a 19.2% year-over-year sales increase for Tesla for the month of September, indicating that the incentives are having a positive effect. </p><p>Moreover, in the U.S., promotions such as the 1.99% vehicle financing, which ended in August, and higher sales of the premium Cybertruck have likely contributed to Tesla’s Q3 performance. However, the energy segment may post mixed results. </p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla Earnings Preview: Progress on Robotaxi and Gains in China are Focus</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla Earnings Preview: Progress on Robotaxi and Gains in China are Focus\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2024-10-15 13:39</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Tesla is scheduled to release its third-quarter (Q3) earnings report on 23 October after the bell. </p><p>This electric car maker is expected to post quarterly earnings of $0.594 per share in its upcoming report. Revenues are expected to be $25.388 billion, according to Bloomberg's unanimous expectations.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/4bba84c2056be77845689b3cce502051\" tg-width=\"1101\" tg-height=\"374\"/></p><p>These projections come amidst a challenging market environment for Tesla. The company has been grappling with narrowing profit margins and a blunted near-term outlook, largely due to slumping electric vehicle (EV) prices and intensifying competition in key Asian markets.</p><p style=\"text-align: start;\">Despite these challenges, Tesla's stock has shown resilience, rising nearly 70% from its late-April low. This uptick can be attributed to improved quarterly delivery figures and CEO Elon Musk's continued emphasis on the profit potential of autonomous driving technologies.</p><h2 id=\"id_35297194\">Robotaxi unveiling: A pivotal moment for Tesla</h2><p>In a significant move, Tesla on Thursday 10 October unveiled its highly anticipated Robotaxi, showcasing the company's vision for a global fleet of autonomous vehicles. The event featured two new self-driving vehicles: a compact, self-driving coupé called the Cybercab, and a larger self-driving van with 20 seats dubbed the Robovan.</p><p>Both vehicles operate without steering wheels or pedals, relying on artificial intelligence (AI) and cameras rather than Lidar sensors and inbuilt mapping software. Musk announced plans to begin producing the Cybercab by 2027, with a projected consumer price of $30,000.</p><p>This unveiling represents a key component of Tesla's future strategy, with some analysts projecting significant revenue potential from this venture. Some analysts increased their Tesla price target, suggesting that the robotaxi business could represent $153 billion in revenue for Tesla.</p><h2 id=\"id_2551870086\">Executive departures and leadership changes</h2><p>The Robotaxi unveiling came at a time of significant changes within Tesla's leadership. Four of Elon Musk's direct reports recently announced their exits from the company, with several of these executives having dedicated nearly a decade or more to Tesla.</p><p>This shake-up in leadership occurs as Tesla shifts its focus from traditional automaking to autonomous driving, robotics, and AI-related technologies. The impact of these departures on the company's operations and future strategy will likely be a topic of interest during the earnings call.</p><h2 id=\"id_3112181743\">Market challenges and future outlook</h2><p>Tesla faces several challenges as it heads into its Q3 earnings report. The company has been struggling with a pullback in consumer demand and intensifying competition, particularly in key Asian markets. These factors have impacted Tesla's earlier forecasts of 50% annual growth in overall deliveries.</p><p>However, Tesla continues to expand its presence globally. The company recently announced plans to make its 'Full-Self-Driving' advanced driver-assistance software available in Europe and China next year, pending regulatory approvals.</p><p>The global robotaxi market is projected to generate substantial revenue by 2040, with estimates reaching $1.7 trillion. However, some analysts remain sceptical, arguing that previous predictions about the size and scale of the robotaxi market have been overly ambitious.</p><h2 id=\"id_1015848505\">Results Likely Be Boosted By Gains In China</h2><p>Tesla’s delivery growth this quarter has likely been supported by its recovery in China - a market where the company has faced intense competition from local rivals and slowing consumer demand. Tesla ramped up promotions in China, offering zero-interest loans of up to five years and upfront discounts on select models. </p><p>Additionally, government EV subsidies and the approval of Tesla’s Model Y for government use should further boost sales. </p><p>While Tesla does not disclose its Chinese delivery figures, data from the China Passenger Car Association shows a 19.2% year-over-year sales increase for Tesla for the month of September, indicating that the incentives are having a positive effect. </p><p>Moreover, in the U.S., promotions such as the 1.99% vehicle financing, which ended in August, and higher sales of the premium Cybertruck have likely contributed to Tesla’s Q3 performance. However, the energy segment may post mixed results. </p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1177251690","content_text":"Tesla is scheduled to release its third-quarter (Q3) earnings report on 23 October after the bell. This electric car maker is expected to post quarterly earnings of $0.594 per share in its upcoming report. Revenues are expected to be $25.388 billion, according to Bloomberg's unanimous expectations.These projections come amidst a challenging market environment for Tesla. The company has been grappling with narrowing profit margins and a blunted near-term outlook, largely due to slumping electric vehicle (EV) prices and intensifying competition in key Asian markets.Despite these challenges, Tesla's stock has shown resilience, rising nearly 70% from its late-April low. This uptick can be attributed to improved quarterly delivery figures and CEO Elon Musk's continued emphasis on the profit potential of autonomous driving technologies.Robotaxi unveiling: A pivotal moment for TeslaIn a significant move, Tesla on Thursday 10 October unveiled its highly anticipated Robotaxi, showcasing the company's vision for a global fleet of autonomous vehicles. The event featured two new self-driving vehicles: a compact, self-driving coupé called the Cybercab, and a larger self-driving van with 20 seats dubbed the Robovan.Both vehicles operate without steering wheels or pedals, relying on artificial intelligence (AI) and cameras rather than Lidar sensors and inbuilt mapping software. Musk announced plans to begin producing the Cybercab by 2027, with a projected consumer price of $30,000.This unveiling represents a key component of Tesla's future strategy, with some analysts projecting significant revenue potential from this venture. Some analysts increased their Tesla price target, suggesting that the robotaxi business could represent $153 billion in revenue for Tesla.Executive departures and leadership changesThe Robotaxi unveiling came at a time of significant changes within Tesla's leadership. Four of Elon Musk's direct reports recently announced their exits from the company, with several of these executives having dedicated nearly a decade or more to Tesla.This shake-up in leadership occurs as Tesla shifts its focus from traditional automaking to autonomous driving, robotics, and AI-related technologies. The impact of these departures on the company's operations and future strategy will likely be a topic of interest during the earnings call.Market challenges and future outlookTesla faces several challenges as it heads into its Q3 earnings report. The company has been struggling with a pullback in consumer demand and intensifying competition, particularly in key Asian markets. These factors have impacted Tesla's earlier forecasts of 50% annual growth in overall deliveries.However, Tesla continues to expand its presence globally. The company recently announced plans to make its 'Full-Self-Driving' advanced driver-assistance software available in Europe and China next year, pending regulatory approvals.The global robotaxi market is projected to generate substantial revenue by 2040, with estimates reaching $1.7 trillion. However, some analysts remain sceptical, arguing that previous predictions about the size and scale of the robotaxi market have been overly ambitious.Results Likely Be Boosted By Gains In ChinaTesla’s delivery growth this quarter has likely been supported by its recovery in China - a market where the company has faced intense competition from local rivals and slowing consumer demand. Tesla ramped up promotions in China, offering zero-interest loans of up to five years and upfront discounts on select models. Additionally, government EV subsidies and the approval of Tesla’s Model Y for government use should further boost sales. While Tesla does not disclose its Chinese delivery figures, data from the China Passenger Car Association shows a 19.2% year-over-year sales increase for Tesla for the month of September, indicating that the incentives are having a positive effect. Moreover, in the U.S., promotions such as the 1.99% vehicle financing, which ended in August, and higher sales of the premium Cybertruck have likely contributed to Tesla’s Q3 performance. However, the energy segment may post mixed results.","news_type":1},"isVote":1,"tweetType":1,"viewCount":107,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}