Money

Tesla sales boom in China

Published

3 years ago

July 20, 2021

ticker NEWS

Tesla has seen registrations of its Chinese-made cars climb again

Registrations of Model 3 Sedans and Model Y SUVs made at Tesla’s Shanghai factory totaled 28,508 units in June – a 29 percent increase from May.

The strong showing for Model 3 Sedans can be attributed to Tesla promotions that included preferential loans and discounts for full upfront payments.

Tesla continuing to fix software glitches

Tesla has faced challenges in China in recent months, including a major recall for a software fix and some negative publicity after a protester climbed on one of its vehicles at the Shanghai Auto Show in April and claimed a brake failure in a Model 3 had caused a crash.

Data from China’s Passenger Car Association revealed earlier this month showed that retail sales of electric vehicles were at about 1 million for the first half of the year.

Tesla registrations, including a handful that were imported, totaled 132,228 in that period

Tesla has introduced a cheaper version of its locally-built Model Y sports utility to boost sales in the world’s largest auto market in the second half.

Tesla has faced challenges in China in recent months, including a major recall for a software fix…

Money

Why the meme-stock frenzy is unlikely to repeat

Published

3 days ago

May 14, 2024

Nathan Langridge

GME shares surge 74%, but experts stress a meme-stock frenzy resurgence is unlikely due to fundamental differences in the company’s financial situation.

Australia’s budget unveils a second consecutive surplus of A$9.3 billion, prioritising the critical minerals industry and green energy initiatives to reduce reliance on Chinese supply.

Also, GameStop shares have surged 74%, but experts caution against expecting a repeat of the 2021 meme-stock frenzy. #featured #trending

Money

Why are airlines after the Biden Administration?

Published

3 days ago

May 14, 2024

Nathan Langridge

Major airlines are taking legal action against the Biden administration over a newly implemented rule requiring them to disclose fees upfront.

On this episode of Hot Shots – Major airlines are suing the Biden Administration, AI-piloted fighter jets, SpaceX faces funding challenges, and Apple receives crushing feedback.

Ticker’s Ahron Young & Veronica Dudo discuss. #featured #trending

Money

The mounting pressure on Government spends

Published

4 days ago

May 13, 2024

ticker NEWS

Questions abound regarding the factors fueling this inflation surge in Australia and whether it correlates with the escalating government expenditures.

Concerns extend to how Chalmers navigates the mounting pressure amid discrepancies in spending allocations.

Moreover, as Australians grapple with the reality of rising living costs, the feasibility of cutting spending becomes a pressing issue. Additionally, amidst economic uncertainties, individuals seek guidance on managing stock market risks effectively. #Featured #Trending