Yahoo Finance Tesla Extends Run As It Retains BEV Crown; BYD Sales Near 1 Million
Tesla continued to surge as Q2 deliveries topped views, retaining the BEV crown. BYD is near 2024 highs as total sales nearly hit one million.
Tesla continued to surge as Q2 deliveries topped views, retaining the BEV crown. BYD is near 2024 highs as total sales nearly hit one million.
Tesla (TSLA) will report its second-quarter EV delivery numbers Tuesday morning. Wall Street is expecting a figure of 438,000 vehicle deliveries from Tesla. Federal Reserve Chair Jerome Powell is set to speak at a European Central Bank (ECB) event in Portugal tomorrow. Lastly, the Job Openings and Labor Turnover Survey (JOLTS) print for the month of May is scheduled to come out July 2. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Luke Carberry Mogan.
At $209.38, Tesla could add $36.68 billion to its market value if the price holds, which would mark the fifth straight session of stock gains. A slump in demand for electric vehicles and competition from Chinese rivals such as BYD has pressured Tesla to slash prices on some of its models and bet its prospects on autonomous driving technologies and the robotaxis. On Monday, Wells Fargo added Tesla to its "Tactical Ideas" list, a quarterly compilation of stocks the brokerage thinks may have meaningful upside in the near term, however it kept an "underweight" rating.
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A teenager who crashed a BMW SUV while driving 190 km/h, causing the deaths of her sister and a friend, was sentenced Tuesday during an emotional hearing that saw many in the courtroom, including the judge and lawyers, struggle to contain their emotions. The girl, who was 16 years old at the time of the incident, will spend two years on probation under conditions that include community service. She is also prohibited from driving for five years. Court heard that four teens were in the car the ni
A man and a woman are facing charges after what police describe as a road rage incident in Windsor Sunday night that led to police officers being assaulted, Windsor police say.In a news release on Tuesday, police said a 33-year-old man was driving a Chrysler 300 northbound on Pillette with a woman and a three-year-old child as passengers.According to police, the Chrysler stopped at Pillette Road and Ontario Street and was struck by a Toyota driven by a 24-year-old woman who police say is known t
The Russian central bank will hike rates by 200 basis points to 18% later this month as it tries to quell stubbornly high inflation that analysts now expect to end 2024 well above the bank's 4% target, a Reuters poll showed on Tuesday. The economy ministry reported annual consumer inflation at 8.61% as of June 24. Ten of 16 analysts and economists polled by Reuters in late June and early July predicted that the Bank of Russia would raise its key rate to 18% on July 26.