Core Insights - Tesla Inc. is experiencing declining sales in the European market, particularly in Italy, where sales fell by over 25.6% in September [2][3] - Year-to-date (YTD) sales in Europe from January to September totaled 12,996 vehicles, representing a 32.36% decrease compared to the same period in 2024 [3] - Despite Tesla's struggles in Europe, the overall electric vehicle (EV) sector in the region has seen growth, with European EV sales increasing by 30% YTD from January to July [5] Sales Performance - In Italy, Tesla sold over 1,450 units in September, capturing over 1.1% of the total market share [2] - The company's YTD market share in Europe stands at 1.08% [3] - Tesla's sales in the German market have also declined, with an overall drop of 40.2% in the region [4] Production and Market Response - Tesla's Gigafactory in Berlin is increasing production activities due to positive feedback from markets it supplies to for Q3 and Q4 [4] - The factory serves over 37 markets globally, including Europe, the Middle East, and Taiwan [4] Regional Variations - In contrast to Tesla's performance, the Italian EV market experienced a 40% surge in sales from January to July [5] - Tesla's sales in China showed steady growth, with over 19,300 new insured registrations in September, bringing the total to 165,350 units sold [7] Future Outlook - Tesla is expected to exceed analyst expectations for Q3 delivery figures due to rising demand in the U.S. ahead of the Federal EV Credit deadline [6] - However, experts warn of potential challenges in the fourth quarter, indicating a "winter" period for Tesla [6] Performance Metrics - Tesla scores well on Momentum and Growth metrics, while its Value rating is poor [8] - The company shows a favorable price trend in the short, medium, and long term [8]

Core Viewpoint - General Motors (GM) stock is viewed as undervalued despite strong financial metrics, primarily due to concerns about its ability to maintain market dominance in a competitive landscape [1] Group 1: Electric Vehicle (EV) Strategy - GM is investing heavily in electric vehicles and autonomous driving through its subsidiary Cruise, which is positively influencing long-term growth sentiment [2] - GM is currently the second-largest EV seller in the U.S., having sold 66,501 EVs in Q3, more than doubling sales from the same quarter last year [3] - Year-to-date, GM's EV sales have increased by 105% to over 144,000 units, driven by the success of the Equinox EV, which is the best-selling non-Tesla EV in the U.S. [4] Group 2: Sales Performance and Market Dynamics - Total U.S. vehicle sales for GM increased by 8% in Q3 2024, partly due to a rush to purchase EVs before the expiration of the $7,500 federal tax credit [5] - Despite a projected 4% contraction in top-line revenue for fiscal 2025, GM's EPS is expected to stabilize and rebound in FY26 [6] Group 3: Valuation and Analyst Sentiment - GM stock trades at approximately $61 per share, reflecting a forward earnings multiple of 6X, significantly lower than the industry average of 13X and Ford's 10X [8] - Analysts have become increasingly bullish on GM, with price targets raised by several firms, including JPMorgan, Barclays, Citigroup, Goldman Sachs, and UBS, indicating a positive outlook despite anticipated revenue declines [10][11]

[Music] That is the closing bell on Wall Street and now it's market domination over time giving you full coverage all the moves to get you up to speed on the action from today's trade. Yahoo Finance's very own Jared Blickery joining us now to break it all down. Jared, what do you see at that close.>> Well, thank you Josh. Uh the Dow is not up by a lot, just over 40 points or onetenth of a percent, but that is enough for a record closing high. And I'll show you the intraday price action.Here you go off of th ...

Joining us now is Afan Bash. She is founder and CEO of Rock Creek and it's great to have you back on the show. Welcome.Great to be with you. So, let's start right there because this has been a global bull market. Um, we focus so much on the US, but how do you see that versus the rest of the world.So, we had such low valuations in places like emerging markets that we were just talking about. And of course, you've had a number of companies that are in getting better. plus they're benefiting from inflation and ...

Joining us now is Gene Monster, managing partner, Deep Water Asset Management. Gan, why would this be good news. >> Brian, uh before that, I just want to acknowledge that there is a near-term benefit undoubtedly from the tax credit.If we zero in on the numbers we're going to see tomorrow, this 400 and call it 75 80,000 deliveries, about 40,000 of those are likely coming from pull forward in demand because people want to make buy a car that's 15% less expensive. And so, uh, start there is that cheaper cars d ...

Check it out 👉🏼 https://t.co/FMQiG2k77b ...

Electric Vehicle (EV) Market & GMC's Strategy - New EV sales reached a record 146,000 in August, now constituting 10% of total US car sales [2] - GMC's US EV sales increased by 110% year-over-year, positioning itself as the only brand with three electric truck offerings [2] - GMC's Hummer EV SUV, priced around $100,000, exemplifies the brand's high-end EV offerings [3] - GM provides access to 250,000 chargers, including Tesla's Supercharger network, to alleviate range anxiety [5] - The Sierra EV truck boasts a range of 478 miles on a single charge [5] Automotive Market Trends & Pricing - Average new car prices are slightly above $49,000, while used car prices average $25,000 [6] - Some manufacturers, like Nissan, offer new cars priced around $30,000 [6][7] - Tariffs are gradually increasing car prices, with automakers sometimes absorbing or spreading out the costs [7] Consumer Considerations - Consumers should assess their needs, secure financing, and compare offers from multiple dealers when purchasing a car [8] - Range anxiety is a significant concern for consumers transitioning from gasoline cars [5] Future Outlook - Profitable electric vehicle production is considered the long-term future of the automotive industry [8]

Core Insights - Ford Motor reported a third-quarter sales increase of 8.2%, driven by electric vehicle (EV) and large SUV sales [1][2] - All-electric vehicle sales reached a record of over 30,600 units, marking a 30.2% increase compared to the previous year [1] - The sales of "electrified" vehicles, which include both EVs and hybrids, rose by 20% year-over-year [1] Sales Performance - Sales of Ford's SUVs increased nearly 10% during the quarter, with significant gains in larger SUVs and a 51% increase in Mustang Mach-E EV sales compared to the same period last year [2] - The third quarter is expected to set a record for EV sales, as consumers accelerated their purchases ahead of the expiration of federal EV incentives of up to $7,500 at the end of September [2] Market Outlook - Ford CEO Jim Farley indicated that EV sales might drop from an industry market share of approximately 10% to 12% this month to around 5% after the incentive program concludes [3]

Elon Musk-led Tesla Inc. (NASDAQ:TSLA) hiked lease prices for all its vehicles in the United States, its website showed on Wednesday, after the $7,500 federal tax credit that helped drive sales expired.Tesla and its rivals were receiving the tax credit from the U.S. government, offering attractive lease prices for customers. The credit ended on Sept. 30, following the passage of Donald Trump’s ‘Big, Beautiful Bill,’ which eliminated the $7,500 credit for new EV leases and purchases, as well as a $4,000 cred ...

By Nick Carey and Jesus Calero LONDON (Reuters) -Tesla's sales rose in several European markets in September, including France and Denmark, driven by its updated Model Y, but analysts say the automaker risks losing ground as competition intensifies and its ageing lineup remains unchanged. The U.S. electric vehicle maker showed continued growth in Norway and Spain, local industry data showed on Wednesday, with the revised Model Y the best-selling model in Denmark. However, new car registrations - a pro ...