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Stockreport

UPDATE 1-China's Nio aims to launch one new car model per year under Onvo brand [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
new model per year under its lower-priced Onvo brand and price them similarly to gasoline vehicles, as the firm expands its lineups to family cars in the country's overcrowded auto market. Nio executives were speaking a day after the company unveiled the Onvo L60 SUV with a sticker price starting from 219,900 yuan ($30,476), 12% below the price of Tesla's Model Y which starts at 249,900 yuan in China. Nio said on Thursday it would have a second Onvo model targeting larger families coming up next and expected the newly launched brand to positively contribute to its overall profitability when monthly sales reach 20,000 units. "China has 110 auto brands... and it's now already consolidated to 20-30 active players," Nio Chief Executive William Li said. "The consolidation will continue but will not be very severe." EV makers in China, the world's biggest auto market, are grappling with rising competition after more than a year of bruising price war amid weakening consumer demand. [Read more]

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Stockreport

UPDATE 1-China's Nio aims to launch one new car model per year under Onvo brand [Yahoo! Finance]

Tesla, Inc.  (TSLA) 
Last tesla, inc. earnings: 4/29 04:11 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.tesla.com
new model per year under its lower-priced Onvo brand and price them similarly to gasoline vehicles, as the firm expands its lineups to family cars in the country's overcrowded auto market. Nio executives were speaking a day after the company unveiled the Onvo L60 SUV with a sticker price starting from 219,900 yuan ($30,476), 12% below the price of Tesla's Model Y which starts at 249,900 yuan in China. Nio said on Thursday it would have a second Onvo model targeting larger families coming up next and expected the newly launched brand to positively contribute to its overall profitability when monthly sales reach 20,000 units. "China has 110 auto brands... and it's now already consolidated to 20-30 active players," Nio Chief Executive William Li said. "The consolidation will continue but will not be very severe." EV makers in China, the world's biggest auto market, are grappling with rising competition after more than a year of bruising price war amid weakening consumer demand. [Read more]

IMPACT SNAPSHOT
EVENT TIME:
TSLA
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
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


S&P 500 (SPX)

%

VOLUME RATIO
%

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
TIME AND VELOCITY ANALYSIS