Wall Street sales consensus has crept up, but some worry that a sales bump, if it comes, will be more about a rush to buy EVs ahead of expiring U.S. tax incentives. ...

Core Insights - Xpeng Inc. has seen a significant increase in its share price, with a 4.36% rise in premarket trading and a 5.4% spike in Hong Kong-listed shares, currently trading at $22.90 [1] European Expansion - The company has officially entered five European markets: Switzerland, Austria, Hungary, Slovenia, and Croatia, in partnership with Magna International Inc. to manufacture two EVs in Austria, with production expected to start in Q3 2025 [2] Overseas Deliveries and Recall - Xpeng reported a 137% year-over-year increase in overseas deliveries from January to August 2025, totaling 24,702 units. Year-to-date sales for 2025 reached 271,615 vehicles, marking a 252% year-over-year increase. Additionally, the company issued a recall for its P7+ vehicle due to a steering defect [3] Competition with Tesla - The launch of the P7 Sedan in the Chinese market, priced at $30,000, positions it as a competitor to the Tesla Model 3. The company received over 10,000 orders within seven minutes of the launch. The P7 offers two battery configurations: a 74.9 kWh LFP battery with a range of 436 miles and a 92.2 kWh NMC battery with a range of approximately 510 miles [4]

Core Insights - Korean retail investors, referred to as "Seohak ants," sold ₩916.3 billion (approximately USD 657 million) worth of Tesla shares in August, marking the largest monthly sell-off since 2019, and shifted their investments towards cryptocurrency-related companies [1][3] - The shift in investment strategy reflects a broader trend of moving from traditional stocks to digital assets, with significant capital flowing into U.S.-listed crypto firms like Coinbase and Circle [1][2] Investment Trends - The sell-off included around USD 550 million exiting from the TSLL ETF, indicating a cooling investor appetite for Tesla and related stocks [3] - Analysts suggest that political factors, including tensions involving Elon Musk, have contributed to the decline in investor sentiment towards Tesla [4] Cryptocurrency Market Dynamics - Funds exiting Tesla shares were directed towards cryptocurrency firms, indicating a perception of growth potential within the digital asset ecosystem [5] - Bitmain Immersion Technologies saw a net inflow of approximately USD 253 million, highlighting the increasing recognition of cryptocurrency firms as a major asset class [5][6] Institutional Adoption - The trend signifies a structural shift in investor sentiment, with companies like Marti Technologies reallocating 20% of cash holdings into Bitcoin, reflecting the growing acceptance of digital assets in institutional portfolios [7] - The inflow of capital into cryptocurrency firms suggests they are becoming active investment destinations rather than merely volatile entities [8] Implications for Global Markets - The capital shift indicates a fundamental transformation in investment patterns among Korean retail investors, with cryptocurrency becoming a core asset in institutional portfolios [9] - This trend could create a positive feedback loop, driving growth for exchanges and associated infrastructure firms, and influencing global supply and demand dynamics for newly listed coins [10]

Core Viewpoint - Rivian has shown significant progress as an electric vehicle (EV) start-up, but comparisons to Tesla should be approached with caution due to the different competitive landscape and challenges ahead [2][7][10]. Company Achievements - Rivian transitioned from an idea to a functioning business, producing a well-regarded EV truck and delivery vans for Amazon, indicating strong operational capabilities [3][9]. - In late 2024, Rivian achieved its first gross profit, marking a critical step towards positive earnings, as it generated more revenue from vehicle sales than production costs [5]. - The company delivered over 10,000 vehicles in Q2 2025, demonstrating scaled production and setting the stage for future growth with the upcoming R2 truck aimed at the mass market [6][9]. Competitive Landscape - The current EV market is more competitive than when Tesla first entered, with numerous traditional automakers now producing EVs, which could limit Rivian's profit margins even if successful [10]. - Rivian's partnerships with Amazon and Volkswagen provide a solid foundation, but the need for ongoing investment in R&D suggests profitability may still be years away [9]. Market Performance - Despite a 90% decline from its all-time highs, Rivian's stock has increased nearly 23% over the past year, outperforming the S&P 500's nearly 17% gain, indicating some investor optimism [12]. - The potential for further stock price declines exists, as recent positive news may have already been priced in by investors [12]. Investment Considerations - Rivian presents a material opportunity for growth, but investors should be aware of the risks and the long time frame required for potential returns [13]. - Conservative investors may prefer to wait until the R2 is launched to better assess consumer reception before making investment decisions [14].

Core Viewpoint - Tesla is experiencing a significant decline in EV registrations in Europe, despite an overall increase in electric vehicle demand in the region, leading to a drop in its stock price [1][2]. Group 1: Sales Performance - Tesla EV registrations in Europe fell by approximately 23% year-over-year in August, with 14,831 registrations compared to 19,136 in August 2024 [2]. - In the first eight months of 2025, Tesla's EV registrations in Europe decreased by 32.6% [2]. - Total EV registrations in Europe increased by around 26% during the same period, while petrol and diesel vehicle registrations declined by over 20% [3]. Group 2: Market Expectations - Analysts from RBC anticipate Tesla's total deliveries for Q3 could reach 456,000, surpassing the FactSet consensus of 448,000 and Visible Alpha's consensus of 440,000 [3]. - There is an expectation of a surge in Tesla sales in the U.S. as consumers rush to purchase EVs before the $7,500 federal tax credit expires at the end of September [4]. Group 3: Brand and Competition - Despite the recent stock decline, Tesla's shares have rebounded, showing a 5% increase in 2025 after a 36% drop in Q1 [4]. - Musk's political activism has negatively impacted Tesla's brand perception, potentially deterring some prospective EV buyers [4][5]. - To counter increased competition from brands like Volkswagen and BYD, Tesla is planning to introduce an affordable new model [5].

And right now we are 2 minutes away from the end of the trading day. Romaine Bostick alongside Matt Miller, taking you through to that closing bell with a global simulcast. We're joined now by Carol Massar and Tim Stenovec in the radio booth.Welcome to our audiences across all of our bloomberg platforms. Carol Massar on another down day for the markets. Fractional losses, to be sure, but when you kind of stack it up over the last few days.A lot more caution coming back into this market. Yeah, I was just rea ...

Core Points - A class action securities lawsuit has been filed against Tesla, Inc. for alleged securities fraud affecting investors between April 19, 2023, and June 22, 2025 [1][2] - The lawsuit claims that Tesla overstated the effectiveness of its autonomous driving technology, leading to potential risks and regulatory scrutiny [2] - Investors who suffered losses during the specified period have until October 3, 2025, to request to be appointed as lead plaintiff [2] Company Allegations - The complaint alleges that Tesla made false statements regarding the safety and effectiveness of its autonomous driving vehicles, including the Robotaxi [2] - It is claimed that these misrepresentations increased the likelihood of regulatory scrutiny and overstated the company's business and financial prospects [2] Legal Process - Class members may be entitled to compensation without any out-of-pocket costs or fees, and participation does not require serving as a lead plaintiff [3] - The law firm Levi & Korsinsky has a strong track record in securities litigation, having secured hundreds of millions for shareholders over the past 20 years [4]

Group 1 - Tesla has formally requested environmental regulators to maintain existing tailpipe emissions standards [2] - The standards were established to encourage the automobile industry to increase electric vehicle sales [2]

Group 1 - Tesla has requested the EPA to maintain current vehicle emissions standards, diverging from other major automakers who favor easing the rules [1][2] - The request coincides with President Trump's remarks at the UN General Assembly, where he dismissed climate change as a "con job" [1] - Tesla aims to preserve the 2009 Endangerment Finding, which underpins many environmental regulations, asserting it is based on a solid scientific foundation [1] Group 2 - The EPA has been soliciting comments on proposed rollbacks of environmental rules since August, with the agency's administrator warning that such actions would undermine climate change efforts [2] - Tesla's business model benefits from stricter environmental regulations, as it receives substantial payments from other automakers that fail to meet emissions goals by selling them credits [2] - While advocating for the maintenance of standards, Tesla expressed willingness to discuss ways to streamline them to ensure their continuation [2]

Core Viewpoint - Simplify Asset Management has launched the Simplify VettaFi Private Credit Strategy ETF (PCR), focusing on private credit as a significant investment theme for 2025, aiming to provide income and capital appreciation while mitigating associated risks [1][5]. Group 1: ETF Structure and Strategy - PCR tracks the VettaFi Private Credit Index (VPCIX), gaining exposure through Business Development Companies (BDCs) and Closed-End Funds (CEFs) that specialize in private credit, filling a gap for retail investors and advisors [2]. - The ETF incorporates a proprietary hedging strategy to smooth returns, building on Simplify's experience with its High Yield ETF (CDX), aiming to cushion returns during market pullbacks and provide a smoother return profile [4]. Group 2: Market Demand and Accessibility - There is a growing demand for products targeting retail and advisor interest in private credit, with the trend being structural rather than temporary, driven by the need for new sources of return and diversification [3][6]. - PCR is designed to be accessible for advisors and retail investors who have historically lacked efficient access to private credit, while also serving as a capital-efficient placeholder for institutions [6]. Group 3: Competitive Positioning - Despite concerns about PCR's 76 basis points fee, it is competitively priced within the private credit category, particularly due to its use of Total Return Swaps that help avoid additional fund fees [5]. - Simplify, managing over $10 billion in assets across more than 30 ETFs, anticipates that PCR will enhance its offerings in alternative investments, providing a systematic, hedged, and liquid entry into private credit [8].