Should just kick Tesla out of -To The Moon - Tiger Brokers Online Investing Community - To The Moon

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BlessedCyrus
2023-08-16

Should just kick Tesla out of China for creating havoc in the EV industry.

Tesla Cuts Prices in China Again. The EV Giant Puts Pressure on Its Competition. -- Barrons.com

Tesla has cut prices in China for the second time in less than a week. The electric-vehicle maker looks intent on pressuring its competition in the world's largest car market.Tesla has reduced the price of its Model S luxury sedan in China to 754,900 yuan from 808,900 yuan, according to its official Weibo account. It also cut the price of its Model X SUV to 836,900 yuan from 898,900 yuan.The move extends price cuts across Tesla's range in China after it implemented insurance subsidies and price reductions for its lower-end Model 3 and Model Y vehicles over the weekend.It's not just in China that Tesla is competing on price. On Tuesday, Tesla launched cheaper versions of the Model S and Model X for order on its website in the U.S., at price points $10,000 below the standard versions but with limited range.Tesla shares were down 1.6% in premarket trading on Wednesday, having closed down 2.8% on Tuesday. U.S.-listed shares of Chinese EV makers also traded lower. NIO fell 3.7%, XPeng

Tesla Cuts Prices in China Again. The EV Giant Puts Pressure on Its Competition. -- Barrons.com

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The EV Giant Puts Pressure on Its Competition. -- Barrons.com","url":"https://stock-news.laohu8.com/highlight/detail?id=2359802861","media":"Dow Jones","summary":"Tesla has cut prices in China for the second time in less than a week. The electric-vehicle maker looks intent on pressuring its competition in the world's largest car market.Tesla  has reduced the price of its Model S luxury sedan in China to 754,900 yuan  from 808,900 yuan, according to its official Weibo account. It also cut the price of its Model X SUV to 836,900 yuan  from 898,900 yuan.The move extends price cuts across Tesla's range in China after it implemented insurance subsidies and price reductions for its lower-end Model 3 and Model Y vehicles over the weekend.It's not just in China that Tesla is competing on price. On Tuesday, Tesla launched cheaper versions of the Model S and Model X for order on its website in the U.S., at price points $10,000 below the standard versions but with limited range.Tesla shares were down 1.6% in premarket trading on Wednesday, having closed down 2.8% on Tuesday. U.S.-listed shares of Chinese EV makers also traded lower. NIO  fell 3.7%, XPeng  ","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n  By Adam Clark \n</p>\n<p>\n  Tesla has cut prices in China for the second time in less than a week. The electric-vehicle maker looks intent on pressuring its competition in the world's largest car market. \n</p>\n<p>\n     Tesla (ticker: TSLA) has reduced the price of its Model S luxury sedan in China to 754,900 yuan ($103,463) from 808,900 yuan, according to its official Weibo account. It also cut the price of its Model X SUV to 836,900 yuan ($114,702) from 898,900 yuan. \n</p>\n<p>\n     The move extends price cuts across Tesla's range in China after it implemented insurance subsidies and price reductions for its lower-end Model 3 and Model Y vehicles over the weekend. \n</p>\n<p>\n     It's not just in China that Tesla is competing on price. On Tuesday, Tesla launched cheaper versions of the Model S and Model X for order on its website in the U.S., at price points $10,000 below the standard versions but with limited range. \n</p>\n<p>\n     Tesla shares were down 1.6% in premarket trading on Wednesday, having closed down 2.8% on Tuesday. U.S.-listed shares of Chinese EV makers also traded lower. NIO ( NIO) fell 3.7%, XPeng <a href=\"https://laohu8.com/S/XPEV\">$(XPEV)$</a> declined 2.6%, and Li Auto <a href=\"https://laohu8.com/S/LI\">$(LI)$</a> was down 1.9%. \n</p>\n<p>\n     Write to Adam Clark at adam.clark@barrons.com \n</p>\n<p>\n     This content was created by Barron's, which is operated by Dow Jones &amp; Co. Barron's is published independently from Dow Jones Newswires and The Wall Street Journal. \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  August 16, 2023 06:09 ET (10:09 GMT)\n</p>\n<p>\n  Copyright (c) 2023 Dow Jones &amp; Company, Inc.\n</p>\n</font>","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 Cuts Prices in China Again. The EV Giant Puts Pressure on Its Competition. -- Barrons.com</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 Cuts Prices in China Again. The EV Giant Puts Pressure on Its Competition. -- Barrons.com\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2023-08-16 18:09</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n  By Adam Clark \n</p>\n<p>\n  Tesla has cut prices in China for the second time in less than a week. The electric-vehicle maker looks intent on pressuring its competition in the world's largest car market. \n</p>\n<p>\n     Tesla (ticker: TSLA) has reduced the price of its Model S luxury sedan in China to 754,900 yuan ($103,463) from 808,900 yuan, according to its official Weibo account. It also cut the price of its Model X SUV to 836,900 yuan ($114,702) from 898,900 yuan. \n</p>\n<p>\n     The move extends price cuts across Tesla's range in China after it implemented insurance subsidies and price reductions for its lower-end Model 3 and Model Y vehicles over the weekend. \n</p>\n<p>\n     It's not just in China that Tesla is competing on price. On Tuesday, Tesla launched cheaper versions of the Model S and Model X for order on its website in the U.S., at price points $10,000 below the standard versions but with limited range. \n</p>\n<p>\n     Tesla shares were down 1.6% in premarket trading on Wednesday, having closed down 2.8% on Tuesday. U.S.-listed shares of Chinese EV makers also traded lower. NIO ( NIO) fell 3.7%, XPeng <a href=\"https://laohu8.com/S/XPEV\">$(XPEV)$</a> declined 2.6%, and Li Auto <a href=\"https://laohu8.com/S/LI\">$(LI)$</a> was down 1.9%. \n</p>\n<p>\n     Write to Adam Clark at adam.clark@barrons.com \n</p>\n<p>\n     This content was created by Barron's, which is operated by Dow Jones &amp; Co. Barron's is published independently from Dow Jones Newswires and The Wall Street Journal. \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  August 16, 2023 06:09 ET (10:09 GMT)\n</p>\n<p>\n  Copyright (c) 2023 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU0234572021.USD":"高盛美国核心股票组合Acc","IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC","LU0820561909.HKD":"ALLIANZ INCOME AND GROWTH \"AM\" (HKD) INC","09866":"蔚来-SW","BK4527":"明星科技股","NIO.SI":"蔚来","BK4588":"碎股","BK4550":"红杉资本持仓","LU2063271972.USD":"富兰克林创新领域基金","EVS.SI":"MSCI China Electric Vehicles and Future Mobility ETF-NikkoAM","BK4503":"景林资产持仓","LU0823414478.USD":"法巴经典能源转换基金","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","BK4574":"无人驾驶","BK4551":"寇图资本持仓","LU0689472784.USD":"安联收益及增长基金Cl AM AT Acc","LU2326559502.SGD":"Natixis Loomis Sayles US Growth Equity P/A SGD-H","LU2087621335.USD":"ALLSPRING GLOBAL FACTOR ENHANCED EQUITY \"A\" (USD) ACC","BK4505":"高瓴资本持仓","LU1852331112.SGD":"Blackrock World Technology Fund A2 SGD-H","BK4581":"高盛持仓","BK4504":"桥水持仓","LU1861215975.USD":"贝莱德新一代科技基金 A2","LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC","LU0316494557.USD":"FRANKLIN GLOBAL FUNDAMENTAL STRATEGIES \"A\" ACC","LU1861220033.SGD":"Blackrock Next Generation Technology A2 SGD-H","BK4511":"特斯拉概念","BK4099":"汽车制造商","LU0820561818.USD":"安联收益及增长平衡基金Cl AM DIS","LU0052750758.USD":"富兰克林中国基金A Acc","LU0320764599.SGD":"FTIF - Templeton China A Acc SGD","BK4563":"昨日强势股","XPEV":"小鹏汽车","LU0348723411.USD":"ALLIANZ GLOBAL HI-TECH GROWTH \"A\" (USD) INC","LU1720051108.HKD":"ALLIANZ GLOBAL ARTIFICIAL INTELLIGENCE \"AT\" (HKD) ACC","TSLL":"Direxion Daily TSLA Bull 2X Shares","LU0234570918.USD":"高盛全球核心股票组合Acc Close","LU1429558221.USD":"Natixis Loomis Sayles US Growth Equity RA USD","LU0053666078.USD":"摩根大通基金-美国股票A（离岸）美元","LU0823411888.USD":"法巴消费创新基金 Cap","BK4585":"ETF&股票定投概念","LU0082616367.USD":"摩根大通美国科技A（dist）","LU0708995583.HKD":"TEMPLETON CHINA \"A\" (HKD) ACC","BK4555":"新能源车","LU0719512351.SGD":"JPMorgan Funds - US Technology A (acc) SGD","LI":"理想汽车","LU0056508442.USD":"贝莱德世界科技基金A2","TSLA":"特斯拉","BK4509":"腾讯概念","NIO":"蔚来"},"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2359802861","content_text":"By Adam Clark \n\n\n  Tesla has cut prices in China for the second time in less than a week. The electric-vehicle maker looks intent on pressuring its competition in the world's largest car market. \n\n\n     Tesla (ticker: TSLA) has reduced the price of its Model S luxury sedan in China to 754,900 yuan ($103,463) from 808,900 yuan, according to its official Weibo account. It also cut the price of its Model X SUV to 836,900 yuan ($114,702) from 898,900 yuan. \n\n\n     The move extends price cuts across Tesla's range in China after it implemented insurance subsidies and price reductions for its lower-end Model 3 and Model Y vehicles over the weekend. \n\n\n     It's not just in China that Tesla is competing on price. On Tuesday, Tesla launched cheaper versions of the Model S and Model X for order on its website in the U.S., at price points $10,000 below the standard versions but with limited range. \n\n\n     Tesla shares were down 1.6% in premarket trading on Wednesday, having closed down 2.8% on Tuesday. U.S.-listed shares of Chinese EV makers also traded lower. NIO ( NIO) fell 3.7%, XPeng $(XPEV)$ declined 2.6%, and Li Auto $(LI)$ was down 1.9%. \n\n\n     Write to Adam Clark at adam.clark@barrons.com \n\n\n     This content was created by Barron's, which is operated by Dow Jones & Co. Barron's is published independently from Dow Jones Newswires and The Wall Street Journal. \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  August 16, 2023 06:09 ET (10:09 GMT)\n\n\n  Copyright (c) 2023 Dow Jones & Company, Inc.","news_type":1},"isVote":1,"tweetType":1,"viewCount":227,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"upFlag":false,"length":61,"xxTargetLangEnum":"ORIG"},"commentList":[],"hasMoreComment":false,"orderType":2}