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Stockreport

BYD posts steepest profit drop in six years as China sales falter [Yahoo! Finance]

Tesla, Inc. (TSLA)  More Company Research Source: Yahoo! Finance
Last tesla, inc. earnings: 4/29 04:11 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.tesla.com
since 2020, a stock market ?filing showed on Tuesday, hit by sluggish sales at home and intensifying competition. The world's ?biggest EV seller, known for its focus on budget models priced under 150,000 yuan ($21,931.43), is under pressure from rivals ?including Geely and Leapmotor. BYD's first-quarter net profit dropped 55.4% from a year earlier to 4.1 billion yuan ($599.46 million), deepening a 38.2% fall in the fourth quarter, the data showed. Revenue fell 11.8% to 150.2 billion yuan, extending a declining streak to a third straight quarter. "BYD needs domestic sales volumes ?to pick up sequentially in ?Q2 and see a more sustained rebound and market share recovery in Q3 for overall profits to improve," said Eugene Hsiao, head of China equity ?strategy at Macquarie Capital. Pressure has mounted as China scales back trade-in subsidies for entry-level electric cars and plug-in hybrids. BYD's overall sales declined for a seventh straight month in March, despite sustained stron [Read more]
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Stockreport

BYD posts steepest profit drop in six years as China sales falter [Yahoo! Finance]

Tesla, Inc.  (TSLA) 
More Company Research Source: Yahoo! Finance
Last tesla, inc. earnings: 4/29 04:11 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.tesla.com
since 2020, a stock market ?filing showed on Tuesday, hit by sluggish sales at home and intensifying competition. The world's ?biggest EV seller, known for its focus on budget models priced under 150,000 yuan ($21,931.43), is under pressure from rivals ?including Geely and Leapmotor. BYD's first-quarter net profit dropped 55.4% from a year earlier to 4.1 billion yuan ($599.46 million), deepening a 38.2% fall in the fourth quarter, the data showed. Revenue fell 11.8% to 150.2 billion yuan, extending a declining streak to a third straight quarter. "BYD needs domestic sales volumes ?to pick up sequentially in ?Q2 and see a more sustained rebound and market share recovery in Q3 for overall profits to improve," said Eugene Hsiao, head of China equity ?strategy at Macquarie Capital. Pressure has mounted as China scales back trade-in subsidies for entry-level electric cars and plug-in hybrids. BYD's overall sales declined for a seventh straight month in March, despite sustained stron [Read more]
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EVENT TIME:
TSLA
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Price Change %
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%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
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%
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%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
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