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Tesla shares tank ARK Invest ETF after massive purchase

Teslarati

ARK Invest purchased just over $26 million in Tesla shares on the final day of trading in 2022, cementing its position in the company and resulting in a massive loss today. It’s no secret that Tesla stock (NASDAQ: TSLA ) has had a tough couple of weeks, if not months. What do you think of the article?

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Tesla price targets drop for varying reasons, but some feel like a reach

Teslarati

Tesla ( NASDAQ: TSLA ) price targets were dropped by several firms due to varying reasons, but some feel like a reach. It is no secret Tesla stock has been beaten and battered so far this year. Some of them that were spoken of were Tesla’s lack of annual guidance, no narrative on price cuts, and a general lack of strategy.

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Changan's EV brand Shenlan offers up to $6,030 discount on vehicle purchases

CN EV Post

Shenlan is currently selling only one model, the SL03, a Tesla Model 3 competitor, with 4,103 units delivered in February. Image credit: Shenlan) Shenlan, Changan Automobile's new energy vehicle (NEV) brand, is offering consumers tens of thousands of yuan in incentives to purchase vehicles as the auto price war in China continues.

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BREAKING: Tesla cuts prices of Model 3 and Model Y in China

CN EV Post

All versions of Tesla Model 3 and Model Y are priced lower in China, with the entry-level Model Y dropping below RMB 300,000 and eligible for purchase subsidies. The post BREAKING: Tesla cuts prices of Model 3 and Model Y in China appeared first on CnEVPost. For more articles, please visit CnEVPost.

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NIO starts offering ET7, EL7, ET5 purchase options in Germany, here are all the details

CN EV Post

Pricing for ET7, EL7, ET5 essentially puts NIO in direct competition with Mercedes-Benz and BMW in Europe rather than Tesla's models. The post NIO starts offering ET7, EL7, ET5 purchase options in Germany, here are all the details appeared first on CnEVPost. For more articles, please visit CnEVPost.

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Neta becomes latest Chinese EV maker to offer incentives for car purchases

CN EV Post

Neta raised the prices of all its models on January 4, but two days later Tesla sharply lowered the prices of the Model 3 and Model Y in China. The post Neta becomes latest Chinese EV maker to offer incentives for car purchases appeared first on CnEVPost. For more articles, please visit CnEVPost.

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Tesla offers insurance subsidies in China that may herald upcoming price cut

CN EV Post

For Tesla owners who get deliveries from September 16 to September 30, they can receive a subsidy of RMB 8,000 if they choose to purchase insurance in a Tesla store. The post Tesla offers insurance subsidies in China that may herald upcoming price cut appeared first on CnEVPost.

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