Tuesday, December 31

Tag: TSLA

China’s EV Champion BYD Will Take on the World in 2024
2Jan By adminNo Comments
Money

China’s EV Champion BYD Will Take on the World in 2024

China’s electric-vehicle maker BYD will be on top of the world this year, with overseas markets its main battleground.At home, it already surpassed Volkswagen as the most popular car brand in China last year. Globally, it will likely overtake Tesla as the bestselling pure EV maker in 2024.Copyright ©2024 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Read More
Western Anxiety About Chinese EVs Could Prove Self-Defeating
1Jan By adminNo Comments
World

Western Anxiety About Chinese EVs Could Prove Self-Defeating

Updated Jan. 1, 2024 12:06 am ETChina hawks have the upper hand in the political battle over electric vehicles. They should be wary of overplaying it.The rules for getting a tax credit on EV purchases in the U.S. changed recently. One difference will help stimulate sales: The credit, worth up to $7,500, is now available at the point of sale rather than at the end of the tax year, meaning it can be used as part of a down payment. Other changes will have the opposite effect. Among new sourcing requirements designed to foster a North American supply chain, battery components manufactured in China, the world’s largest supplier, now make models ineligible.Copyright ©2024 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Read More
Western Anxiety About Chinese EVs Could Prove Self-Defeating
1Jan By adminNo Comments
Money

Western Anxiety About Chinese EVs Could Prove Self-Defeating

Updated Jan. 1, 2024 12:06 am ETChina hawks have the upper hand in the political battle over electric vehicles. They should be wary of overplaying it.The rules for getting a tax credit on EV purchases in the U.S. changed recently. One difference will help stimulate sales: The credit, worth up to $7,500, is now available at the point of sale rather than at the end of the tax year, meaning it can be used as part of a down payment. Other changes will have the opposite effect. Among new sourcing requirements designed to foster a North American supply chain, battery components manufactured in China, the world’s largest supplier, now make models ineligible.Copyright ©2024 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Read More
What Did Wall Street Get Right About Markets This Year? Not Much
29Dec By adminNo Comments
Money

What Did Wall Street Get Right About Markets This Year? Not Much

Updated Dec. 29, 2023 12:07 am ETAlmost no one thought 2023 would be a blockbuster year for stocks. They could hardly have been more wrong. The Federal Reserve raised interest rates at the fastest clip since the 1980s, a regional banking crisis felled Silicon Valley Bank, and war broke out in the Middle East. Yet stocks kept climbing. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Read More
Tesla’s Self-Driving Tech Has Competition
16Dec By adminNo Comments
Money

Tesla’s Self-Driving Tech Has Competition

Dec. 16, 2023 10:00 am ETA mass recall of Tesla’s Autopilot feature and crisis at General Motors’ autonomous-taxi business might give the impression that self-driving cars have hit a roadblock. In fact, the technology is on the cusp of much wider adoption. Just don’t expect it to change your life immediately—or the economics of making cars.On Wednesday, the National Highway Traffic Safety Administration recalled more than two million Teslas equipped with Autopilot, which steers them automatically and matches their speed to surrounding traffic. But the news wasn’t as bad as the number makes it sound, either for Tesla’s profit or for its driver-assistance technology.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Read More
Tesla’s Self-Driving Tech Has Competition
16Dec By adminNo Comments
World

Tesla’s Self-Driving Tech Has Competition

Dec. 16, 2023 10:00 am ETA mass recall of Tesla’s Autopilot feature and crisis at General Motors’ autonomous-taxi business might give the impression that self-driving cars have hit a roadblock. In fact, the technology is on the cusp of much wider adoption. Just don’t expect it to change your life immediately—or the economics of making cars.On Wednesday, the National Highway Traffic Safety Administration recalled more than two million Teslas equipped with Autopilot, which steers them automatically and matches their speed to surrounding traffic. But the news wasn’t as bad as the number makes it sound, either for Tesla’s profit or for its driver-assistance technology.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Read More
Tesla’s Engineers Are Less Boastful About Autopilot Than Elon Musk
16Dec By adminNo Comments
World

Tesla’s Engineers Are Less Boastful About Autopilot Than Elon Musk

Updated Dec. 15, 2023 9:22 am ETThe Autopilot system that prompted Tesla’s recall of two million vehicles this week has been the subject of a series of lawsuits claiming the company promised more than it delivered, and in some cases, put people in danger. Tesla faces at least a dozen lawsuits in the U.S. related to the driver-assistance system, many of them brought by the families of people who died in crashes allegedly involving Autopilot. Consumers and investors have also sued Tesla, claiming its marketing of Autopilot and an upgrade called Full Self-Driving Capability is deceptive and misleading. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Read More