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0.000102435926328105 0.000430230890578018 0.000594128372702916 -9.21923336953062E-05 -0.0166146975067096 -0.0177748868083013 -0.0153039273934155 -0.0149968244862838
Stock impact report

CATL Pushes Global Expansion as China EV Growth Slows [Yahoo! Finance]

Tesla, Inc. (TSLA) 
Last tesla, inc. earnings: 4/29 04:11 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.tesla.com
Company Research Source: Yahoo! Finance
At its flagship facility in Ningde, the company operates a largely automated production line capable of producing up to 60 gigawatt-hours of lithium-ion batteries annually, a volume described as sufficient to power roughly 1 million Model Ys for Tesla ( NASDAQ:TSLA ). According to SNE Research, more than one in three electric vehicles produced this year used CATL batteries, including models from BMW, Ford ( NYSE:F ), Honda ( NYSE:HMC ), Mercedes and Tesla, as well as Chinese brands such as Xiaomi ( XIACY ). This scale has translated into financial and market influence, highlighted by CATL's $5.3 billion Hong Kong share sale in May and founder Yuqun Robin Zeng's estimated $58.3 billion net worth on the Bloomberg Billionaires Index. Warning! GuruFocus has detected 5 Warning Sign with HMC. Is HMC fairly valued? Test your thesis with our free DCF calculator. At the same time, CATL is facing signs of maturing demand in its core market. China's EV sector, where over 50% of new passeng Show less Read more
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