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Top related persons:
Tesla - 1 FSD - 1 Warren Buffett's - 1 Berkshire Hathaway - 1 Charlie Munger - 1 Elon Musk - 1 General Motors - 1 — - 1
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China U.S Tesla Europe
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Nvidia - 1 Elon - 1 EVs - 1 Ford - 1 Toyota - 1 South - 1 U.S - 1 Ford Motor - 1

Search resuls for: "China it's"


6 mentions found


☆ Tesla could be volatile this week on earnings. Using options to mitigate the risk
  + stars: | 2024-04-22 | by ( Michael Khouw | ) www.cnbc.com   time to read: +5 min
I am a big fan of Tesla products and the company, but we do not currently own the stock. Since hitting its all-time high on Nov. 4, Tesla shares are the worst-performing member of the "Magnificent Seven". With prices running from about $40,000 for a single-motor version to $70,000 for a tri-motor variant, the Cybertruck's specifications were remarkable. China represents the largest market for EVs at the moment, and BYD is leading Tesla there. Among U.S. manufacturers, Tesla, because it eschews the conventional dealer model, has excellent flexibility on pricing, which they adjust dynamically.
Persons: Tesla, FSD, Warren Buffett's, Berkshire Hathaway, Charlie Munger, Elon Musk, General Motors, — Organizations: Nvidia, Elon, EVs, Ford, Toyota, South, U.S, Ford Motor, General, Tesla Locations: U.S, China, Tesla, Europe
☆ Biden admin's looking to reassure China it's not trying to stifle growth: Matthews Asia's Rothman
  + stars: | 2023-08-22 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBiden admin's looking to reassure China it's not trying to stifle growth: Matthews Asia's RothmanAndy Rothman of Matthews Asia joins 'Power Lunch' to discuss Commerce Secretary Raimondo's upcoming visit to China, if China's believing the messaging the U.S. is putting forward, and more.
Persons: Biden, China it's, Matthews Asia's Rothman Andy Rothman, Matthews Asia, Raimondo's Organizations: Commerce Locations: China
☆ Here's how rich you need to be to be among the wealthiest 1% in the US, UK, and China
  + stars: | 2023-05-18 | by ( Grace Dean | ) www.businessinsider.com   time to read: +3 min
New data from Knight Frank shows how rich you need to be to make the top 1% in 25 countries. Monaco tops the list. It's $3.3 million in the UK, $1.6 million in the UAE, and $960,000 in mainland China. The highest-ranking Asian country is Singapore, where you need $3.5 million to be in the wealthiest 1%, just ahead of Hong Kong at $3.4 million. In Japan you need $1.7 million to make the cut, whereas in mainland China it's $960,000.
☆ Charlie Munger says BYD is so far ahead of Tesla in China it's almost ridiculous
  + stars: | 2023-02-15 | by ( Yun Li | ) www.cnbc.com   time to read: +1 min
Charlie Munger said Wednesday that Tesla pales in comparison to BYD in China, calling the Chinese electric vehicle maker his favorite stock ever. Berkshire initial investment is now "worth about $8 billion or maybe $9 [billion]. Berkshire has actually been trimming its BYD stake in the past year as the stock has become increasingly pricey. "At the current price of BYD stock, little BYD is worth more than the entire Mercedes corporation. It's not a cheap stock, but on the other hand, it's a very remarkable company," Munger said.
☆ Rolls-Royce sees record sales 2022, no slowdown in spending by the wealthy
  + stars: | 2023-01-09 | by ( Robert Frank | ) www.cnbc.com   time to read: +3 min
Rolls-Royce sold a record number cars in 2022 as demand for its $500,000 vehicles remained strong, despite recession fears, according to CEO Torsten Muller-Otvos. "We haven't seen seen any slowdown or downturn," Muller-Otvos told CNBC. Still, the U.S. was the largest market overall for Rolls-Royce in 2022, accounting for nearly 35% of its global sales, Muller-Otvos said. China, its second-largest market, saw a slight decline in sales but still claimed 25% of global sales and posted its second-strongest year for the company. The company's SUV, the Cullinan, was its best seller in 2022 making up about half of global sales, Muller-Otvos said.
☆ EU leaders seek united front on China dependency
  + stars: | 2022-10-21 | by ( ) www.reuters.com   time to read: +2 min
BRUSSELS, Oct 21 (Reuters) - European Union leaders expressed increasing concern on Friday about economic reliance on China, mindful of the gas dependency built up with Russia that Moscow has exploited, and said they needed a united stance towards Beijing. The EU has regarded China since 2019 as a partner, economic competitor and systemic rival. German Chancellor Olaf Scholz did not speak to reporters before Friday's summit session, but the EU leaders that did agreed the 27 EU members needed to present a common front. "China is best dealt with when we are 27, not when we are one on one vis-à-vis China," he said. Finnish counterpart Sanna Marin stressed the EU needed to avoid building future dependencies and instead promote stronger cooperation between democratic countries.
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