|Bid||219.50 x 1000|
|Ask||219.75 x 1200|
|Day's range||216.02 - 222.24|
|52-week range||176.99 - 379.49|
|Beta (3Y monthly)||0.33|
|PE ratio (TTM)||N/A|
|Earnings date||22 Oct 2019 - 28 Oct 2019|
|Forward dividend & yield||N/A (N/A)|
|1y target est||248.50|
Nio Inc. (NIO) has disrupted the automotive space since 2014 but only made waves in the market since its IPO. Investors have suffered numerous setbacks.
Car rental company Nextmove has walked away from a 5 million euros ($5.55 million) order for 85 Tesla Model 3 electric vehicles following a dispute over how to fix quality issues, the German company said on Friday. Nextmove said it had ordered 100 electric vehicles in 2018 but raised objections over quality and finish after taking delivery of the first 15 Model 3 cars earlier this year. Tesla said Nextmove chose not to take delivery of the cars.
According to YouTube’s most noted auto reviewers, Tesla’s Model 3 is the “best electric car” available today. Tesla produces 5,000 Model 3 units per week.
Tesla (TSLA) has officially launched its Model 3 in South Korea, where it is attracting significant interest from prospective buyers.
California Highway Patrol officials saw a Tesla semi truck. They were impressed with the credentials. The CHP posted comments on its Facebook page.
Chinese electric car maker NIO delivered 837 cars in July, down from 1,340 cars in June. Tesla’s delivery growth range was 110%–221% in the last year.
On Wednesday, Tesla tweeted about range anxiety. Tesla and Elon Musk frequently tease bears and electric vehicle cynics. Musk called them “last century.”
“Where we going, man?” asks the narrator, Sal Paradise, in Jack Kerouac’s On the Road. “I don’t know but we gotta go,” replies his friend Dean Moriarty. The first rule of American road trips is to be bored with wherever you come from.
Auto stocks and the US equity market slumped with fresh fears of an economic recession. Today, the Dow Jones Industrial Average fell more than 600 points.
Chinese electric vehicle sales stalled in July. Overall, new energy vehicle sales fell 4.7%, entering negative territory for the first time in two years.
In Tesla’s (TSLA) ongoing battle with short-sellers, the latter seem to be winning this year thanks to stock’s year-to-date decline of 30%.
Tesla bears had made a whopping $2.75 billion in mark-to-market gains this year as of August 9, making it the most profitable US short bet year-to-date.
On Tuesday, the markets ended on a high note due to easing tariffs on Chinese imports. However, President Trump attacked the World Trade Organization.
NIO (NIO) released its July deliveries data yesterday. China's pioneer in electric vehicles delivered just 837 vehicles in the month.
Over the weekend, Tesla CEO Elon Musk compared gasoline cars to steam engines. Yesterday, Tesla also teased legacy automakers in a tweet.
The idea that human and artificial intelligence should merge is in the air these days. The Tesla and SpaceX chief executive Elon Musk, for instance, suggests “having some sort of merger of biological intelligence ...