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As Tesla Model Y L Orders Cross 120,000 In China, Supply Exhausted Until November - Tesla (NASDAQ:TSLA)
Benzinga· 2025-09-11 05:31
Group 1 - Tesla's six-seater Model Y L is sold out in China, with deliveries postponed until November 2025, indicating a strong demand despite overall poor sales in other regions [1][2] - The Model Y L has received over 120,000 orders in China since its launch, averaging 10,000 orders per day [2] - Tesla announced a 3.7% price cut for the Model 3 Long Range sedan in China, now priced over $36,000, to compete with rivals like Xpeng's P7 sedan priced at $30,000 [4] Group 2 - Tesla recorded 14,300 new insured registrations in China, reflecting a 41% growth over the previous quarter, which may help mitigate sales challenges in other markets [5] - In the U.S., Tesla's market share has fallen below 40% for the first time since October 2017, capturing over 38% of the EV sector amid record growth in the segment [6] - BYD has renewed its focus on the Indian market, where Tesla's growth has been slower than expected, with only 600 orders for the $70,000 Model Y [7]
US New Vehicle Prices Rise 2.6% In August As EV Sales Hit New Record — Tesla Loses Ground - Tesla (NASDAQ:TSLA)
Benzinga· 2025-09-11 04:43
The Average Transaction Price (ATP) for new vehicles in the U.S. rose over 2.6% year-over-year in August as 2026 models arrived at dealerships.Vehicle Prices Increase In August, EV Sales SurgeThe new vehicle ATP in August was $49,077 while the MSRP or Manufacturer Suggested Retail Price surged 3.3% YoY to $51,099, data released by Cox Automotive showed on Wednesday."Costs are clearly increasing, for automakers, dealers and buyers alike," Erin Keating, Senior Analyst at Cox Automotive, said in the report, a ...
Larry Ellison doubles wealth gain this year to $200 billion after Oracle stock surges
Yahoo Finance· 2025-09-10 23:42
Larry EllisonGetty Larry Ellison has grown $200 billion richer this year thanks to Oracle's stock surge. Oracle shares soared 42% on Wednesday after the software giant projected big revenue growth. The one-day surge boosted the value of Ellison's 41% stake in Oracle by around $117 billion. Larry Ellison doubled his wealth gain this year to $200 billion on Wednesday thanks to Oracle's stock surge, becoming the world's richest person. Ellison, the enterprise-software giant's cofounder, surged past T ...
XPeng Broadens Lineup Beyond BEVs With G7 Range-Extender Filing - XPeng (NYSE:XPEV), Tesla (NASDAQ:TSLA)
Benzinga· 2025-09-10 20:10
XPeng Inc. XPEV shares declined on Wednesday after the Chinese EV maker announced a hybrid strategy with a filing for an extended-range version of its G7 SUV.CnEV reported that the move positions the company to broaden its lineup beyond pure battery-electric models as competition intensifies at home.China's Ministry of Industry and Information Technology (MIIT) included the G7 EREV in its latest catalog for public comment from Sept. 11–17, the final major step before a model can be cleared for sale in the c ...
Tesla's Dangerous Door Design Can Trap People Inside
Youtube· 2025-09-10 19:46
This is a company that, you know, from the from the beginning, you've heard Musk talk about, you know, just how safe his vehicles are. And, you know, even just very recently, the company has posted on X, if you love them, put them in a Tesla. That's the kind of language that you see and hear from from Tesla and from Musk.I think what happened here with the Doors is, you know, sort of from the beginning an attempt to kind of innovate. What I think Tesla's critics would say didn't need innovating. We didn't n ...
The Gross Law Firm Reminds Tesla, Inc. Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of October 3, 2025 – TSLA
Globenewswire· 2025-09-10 19:45
NEW YORK, Sept. 10, 2025 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of Tesla, Inc. (NASDAQ: TSLA). Shareholders who purchased shares of TSLA during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/tesla-inc-loss-submission-form-2/?id=166117&from=3 CLASS PERIOD: April 19, 2023 to Ju ...
The Dangers Created by Tesla's Door Design
Youtube· 2025-09-10 17:16
Design features on Tesla's electric vehicles, including battery powered door handles and mechanical releases, have complicated crashes in emergency situations. In particular, when Teslas lose power, crashes can turn into deadly races against time. Reporting by Bloomberg News has found that regulators have been slow to act and complaints about Tesla's doors have piled up.I want to bring in Bloomberg's done a whole part of the team that reported this. What we're talking about in particular is the mechanical o ...
Could 'Vision'-ary Robotics Save Tesla? (NASDAQ:TSLA)
Seeking Alpha· 2025-09-10 16:47
Some months back, I wrote an article arguing that Tesla, Inc.’s (NASDAQ: TSLA ) vision-only approach to autonomous cars created too many risks and put too many eggs in one sensory basket. As far asMarkets rise and fall, booms come and go, and the world keeps ticking. Ultimately, I believe observing megatrends, as difficult as they can be to spot, let alone fully comprehend, can yield insights into the advance of human society, which in turn could pave the way for many useful investment insights. As society ...
How Qualcomm-BMW driverless tech is major threat to Tesla stock
Invezz· 2025-09-10 15:31
Core Insights - Qualcomm Inc and BMW have launched the Snapdragon Ride Pilot, an automated driving system developed over three years of collaboration [1] - The system is set to debut in the BMW iX3, showcasing advanced hands-free driving capabilities [1] Company Summary - Qualcomm Inc is leveraging its expertise in semiconductor technology to enhance automotive applications through the Snapdragon Ride Pilot [1] - BMW is integrating this technology into its vehicles, starting with the iX3, to improve driving automation and user experience [1] Industry Summary - The collaboration between Qualcomm and BMW highlights the growing trend of partnerships in the automotive industry focused on automated driving solutions [1] - The introduction of advanced driving systems like Snapdragon Ride Pilot reflects the industry's shift towards more sophisticated and safer driving technologies [1]
A 20-year-old movie about warring magicians explains Elon Musk and the world of robots, a Morgan Stanley analyst says
Business Insider· 2025-09-10 11:53
One analyst has come up with a unique way of explaining Elon Musk's vision of a future dominated by robots — comparing it to Christopher Nolan's 2006 science-fiction classic "The Prestige." "I was watching 'The Prestige' with my sons last Saturday night. Set in the late Victorian Era, I found many quotes by the character of Nikola Tesla (played by David Bowie) elegantly capture the zeitgeist of today's era of scientific discovery," Morgan Stanley's Adam Jonas wrote in an analyst note on Monday. The note wa ...