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UPDATE 2-Volkswagen aims to keep China market share stable as price war rages [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
Expects price war to continue (Adds China chief comments in paragraph 9, Citi comment in paragraphs 11-12) By Sarah Wu, Daniel Leussink and Christoph Steitz BEIJING/FRANKFURT, April 24 (Reuters) - Volkswagen aims to keep its Chinese market share roughly stable until the end of the decade, the head of its China business said, betting heavy investment will support sales despite a raging price war with local electric vehicle (EV) rivals. The targets for 2030, including Volkswagen's ambition to take a share of around 15% of the Chinese car market in 2030 compared to 14.5% last year, underscores the challenges Europe's top carmaker faces in the world's biggest auto market. "Prices are going faster down than the cost improvements," Volkswagen management board member and head of its China business Ralf Brandstaetter said on Wednesday. "We expect in the next years, the next two years especially, that this price war will continue," he told analysts during a capital markets event a [Read more]
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Stockreport

UPDATE 2-Volkswagen aims to keep China market share stable as price war rages [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
Expects price war to continue (Adds China chief comments in paragraph 9, Citi comment in paragraphs 11-12) By Sarah Wu, Daniel Leussink and Christoph Steitz BEIJING/FRANKFURT, April 24 (Reuters) - Volkswagen aims to keep its Chinese market share roughly stable until the end of the decade, the head of its China business said, betting heavy investment will support sales despite a raging price war with local electric vehicle (EV) rivals. The targets for 2030, including Volkswagen's ambition to take a share of around 15% of the Chinese car market in 2030 compared to 14.5% last year, underscores the challenges Europe's top carmaker faces in the world's biggest auto market. "Prices are going faster down than the cost improvements," Volkswagen management board member and head of its China business Ralf Brandstaetter said on Wednesday. "We expect in the next years, the next two years especially, that this price war will continue," he told analysts during a capital markets event a [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