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Stockreport

Xiaomi Stakes Growth on Debut in China's Cut-Throat EV Market [BNN Bloomberg (Canada)]

Tesla, Inc. (TSLA)  More Company Research Source: BNN Bloomberg
Last tesla, inc. earnings: 4/29 04:11 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.tesla.com
It will start selling its SU7 series in China, the result of a $10 billion foray into the world's largest EV market dominated by Tesla Inc. and BYD Co. The sedan will probably enter the most competitive segment, based on pricing predictions by analysts. Billionaire co-founder Lei Jun has called the challenge his final major endeavor, testing Xiaomi's ability to crack a crowded market for a second time with its technological capabilities. With a year-long EV price war going on in China, reception for the SU7 will likely dictate Xiaomi's stock momentum after a 22% gain since a February low. “The EV business is likely to be a profitability drag for Xiaomi until it achieves scale, but we expect this to be a positive share price driver in the initial phase during early volume shipments,” JPMorgan Chase & Co. analysts including Gokul Hariharan wrote in a note. The market expects more than 50,000 shipments in the first 12 months of SU7's launch, they added. China's electrified-car mar [Read more]
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Stockreport

Xiaomi Stakes Growth on Debut in China's Cut-Throat EV Market [BNN Bloomberg (Canada)]

Tesla, Inc.  (TSLA) 
More Company Research Source: BNN Bloomberg
Last tesla, inc. earnings: 4/29 04:11 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.tesla.com
It will start selling its SU7 series in China, the result of a $10 billion foray into the world's largest EV market dominated by Tesla Inc. and BYD Co. The sedan will probably enter the most competitive segment, based on pricing predictions by analysts. Billionaire co-founder Lei Jun has called the challenge his final major endeavor, testing Xiaomi's ability to crack a crowded market for a second time with its technological capabilities. With a year-long EV price war going on in China, reception for the SU7 will likely dictate Xiaomi's stock momentum after a 22% gain since a February low. “The EV business is likely to be a profitability drag for Xiaomi until it achieves scale, but we expect this to be a positive share price driver in the initial phase during early volume shipments,” JPMorgan Chase & Co. analysts including Gokul Hariharan wrote in a note. The market expects more than 50,000 shipments in the first 12 months of SU7's launch, they added. China's electrified-car mar [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