To The Moon

BEIJING, Feb 7 - U.S. automaker Tesla's sales of China-made electric vehicles fell 11.5% to 63,238 units in January from a year earlier, data from the China Passenger Car Association showed on Friday.Deliveries of China-made Model 3 and Model Y vehicles were down 32.6% from December.Chinese rival BYD 1211.HK 002594.SZ, with its Dynasty and $Ocean$ series of EVs and plug-in hybrids, sold 296,446 passenger vehicles last month, a 47.5% increase on the year, but a 41.8% decline from the prior month

Feb 5 (Reuters) - Strategy, the biggest corporate holder of bitcoin , reported a fourth consecutive quarterly loss on Wednesday as the company booked an impairment charge on its stockpile of the crypt

It turns out the world’s largest company and richest man are vulnerable to tariff shocks just like everyone else. That became clear on Monday when President Donald Trump’s planned levies spooked markets, and caused shares of Apple and Elon Musk’s Tesla to be hit hardest among America’s tech giants.As Tesla CFO Vaibhav Taneja noted on the company’s earnings call last week, the electric vehicle manufacturer has tried to localize its supply chain in markets like the U.S., Mexico, and China to limit its exposure to potential disruptions. Nonetheless, he said, the company is still very reliant on parts from across the world for all its businesses.“Generally, things that inhibit freedom of exchange or distort the market are not good,” he said to attendees at the VivaTech conference in Paris over video link.

Car stocks, including Tesla shares, were volatile on Monday.Over the weekend, President Donald Trump went ahead with his plan to put 25% tariffs on goods from Mexico and Canada.Tesla stock was down 2.5% in premarket trading at $394.70. S&P 500 and Dow Jones Industrial Average futures were down about 1.4% and 1.2%, respectively. Ford Motor shares were down 3.8% at $9.70. General Motors fell 6.4% to $46.30.Tariffs are particularly nettlesome for the auto industry. Millions of cars sold in the U.S.

Tesla Shares Rally in Post Market Trade, up 1.9%