Tesla Vehicle Production & Deliveries and Date for Financial Results & Webcast for Q2
In the second quarter, $特斯拉(TSLA)$ produced nearly 480,000 vehicles and delivered over 466,000 vehicles.Tesla will post its financial results for the second quarter of 2023 after market close on Wednesday, July 19, 2023. At that time, Tesla will issue a brief advisory containing a link to the Q2 2023 update.
China EV Sales: Li Auto Has Milestone Quarter As BYD, Nio, Xpeng Deliveries Pick Up In June
China EV sales jumped in June, with startups $NIO Inc.(NIO)$, $Li Auto(LI)$ and $XPeng Inc.(XPEV)$ reporting electric vehicle deliveries for the month and second quarter on Saturday, followed by Chinese EV giant $BYD Co., Ltd.(BYDDY)$ on Sunday.Here are June and Q2 sales and expectations for Chinese EV makers.China EV Sales: $Li Auto(LI)$ Li Auto reported June deliveries of 32,575, exceeding 30,000 for the first time. That was up from 28,277 in May and 25,681 in April. Second-quarter sales were 86,533, well above prior guidance for 76,000-81,000 and up from 52,584 in Q1.For Q3, the
Credit Suisse Veteran Mishra Poised to Exit for Axis Bank
Neelkanth Mishra, co-head of Asia Pacific strategy at $Credit Suisse Group AG(CS)$, has resigned from the company and is set to join Mumbai-based Axis Bank Ltd., according to people familiar with the matter.A veteran of two decades at the Swiss bank, Mishra has agreed to helm Axis Bank’s research department, the people said, asking not to be named as the information is private. He is part of Indian Prime Minister Narendra Modi’s Economic Advisory Council and head of research at Credit Suisse’s local unit, according to the bank’s website.The hiring is part of Axis Bank Chief Executive Officer Amitabh Chaudhry’s plans to bolster various businesses including wealth management and investment banking of the lender, whose share p