To The Moon

BEIJING, Feb 11 (Reuters) - Tesla's battery megafactory in Shanghai, for manufacturing its megapack batteries, has launched production on Tuesday, Chinese official news agency Xinhua said.

Between January 22 and February 5, there were 12 days with more than 100,000 single-day battery swap services.

NIO Inc. reported solid Q2 earnings with nearly doubled sales, outperforming peers like Tesla, despite missing revenue estimates slightly.NIO's vehicle margins improved to 12.2% in Q2, indicating a positive margin trajectory.NIO's Q3 delivery guidance of 62,000 vehicles suggests continued growth, but profitability remains uncertain, making it a riskier investment compared to BYD.Chinese EV players like NIO and BYD are gaining market share globally, posing a significant threat to Western legacy automobile manufacturers. Andy FengArticle Thesis NIO Inc. reported solid quarterly earnings results, which sent NIO's shares soaring on Thursday. We will take a look at NIO's compelling growth in sales volumes and its margin trajectory. NIO's results have implications for other companies as well, such as automobile manufacturers from Europe and the US that face increasing competition from Chinese EV players. What Happened?

BERLIN, Feb 5 - German software company SAP will no longer source its company cars from Tesla due to unpunctual deliveries and price fluctuations, daily Handelsblatt reported on Monday. Handelsblatt cited SAP fleet manager Steffen Krautwasser as saying that Tesla's list prices fluctuate more than those of other manufacturers, which makes planning more difficult and poses a higher risk for the company.

Emails shed new light on CEO’s involvement in 2016 demoCarmaker faces probes, claims on how it’s mar

Ms. Wang Fengying, who is rumored to be the new CEO of XPeng, had worked at Great Wall Motor for mor

(Reuters) - James Murdoch, a Tesla Inc director, testified in court on Wednesday that CEO Elon Musk

Tesla (NASDAQ:TSLA) moved slightly higher in early trading on Wednesday after investors digested a s