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09-08

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Tesla Market Share in US Drops to Lowest Since 2017 as Competition Heats up

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up","url":"https://stock-news.laohu8.com/highlight/detail?id=2565500832","media":"Reuters","summary":"SAN FRANCISCO, Sept 8 (Reuters) - Tesla's U.S. market share dropped to a near eight-year low in August as buyers chose electric vehicles from a growing stable of rivals over the aging lineup offered...","content":"<html><head></head><body><p>SAN FRANCISCO, Sept 8 (Reuters) - Tesla&#39;s U.S. market share dropped to a near eight-year low in August as buyers chose electric vehicles from a growing stable of rivals over the aging lineup offered by CEO Elon Musk&#39;s company, according to data from research firm Cox Automotive shared exclusively with Reuters.</p><p>The decline highlights the threat from automakers ramping up EV incentives at a difficult time for the industry. Analysts expect an EV sales bump to continue through September in the United States, then drop when federal tax credits expire at the end of the month, raising financial pressure on Tesla and other automakers.</p><p style=\"text-align: start;\">Tesla, which once held more than 80% of the U.S. EV market, accounted for 38% of the total EV sales in the United States in August, the first time it has fallen below the 40% mark since October 2017, when it was ramping up production of the Model 3, its first mass market car, according to early data from Cox.</p><p>While other automakers are rolling out new EVs, Tesla has turned its focus to building robotaxis and humanoid robots, delaying and cancelling plans for cheaper electric vehicle models.</p><p>Much of Tesla&#39;s trillion-dollar valuation hangs on that bet. The company&#39;s board on Friday proposed an unprecedented $1 trillion pay package for Musk that, apart from other operational milestones, is pegged to Tesla&#39;s value rising to $8.5 trillion over the next decade.</p><p>For now, Tesla&#39;s core auto business remains its money maker. Its last new model was the Cybertruck pickup that rolled out in 2023 with nothing of the success of its Model 3 midsize sedan or Model Y midsize SUV. Tesla has refreshed the Model Y, once the world&#39;s best-selling car, but the changes failed to live up to expectations, and Tesla is on track toward a second year of sales decline.</p><p>&#34;I know they&#39;re positioning themselves as a robotics, AI company. But when you&#39;re a car company, when you don&#39;t have new products, your share will start to decline,&#34; Stephanie Valdez Streaty, Cox&#39;s director of industry insights, said in an interview with Reuters.</p><p>Cox has more complete data for July, when Tesla&#39;s market share fell to 42% from 48.7% in June. The drop was the sharpest since March 2021, around the time when Ford launched its Mustang Mach-E EV, according to a Reuters analysis of the data.</p><p>Musk&#39;s right-wing political work and association with President Donald Trump also has hurt the brand. Musk helped guide Trump&#39;s efforts this year to downsize and reshape the U.S. government but left the administration in May and had a falling out with the Republican president.</p><p>Sales of new EVs jumped more than 24% month over month in July to 128,268, according to the Cox data, driven by the looming end of a $7,500 tax credit for EVs and attractive deals. Tesla saw sales rise 7% to 53,816, even as its market share fell.</p><p>In August, Tesla&#39;s growth slowed to 3.1%, and the broader market grew by 14%, the preliminary data showed.</p><h2 id=\"id_4150473833\" style=\"text-align: start;\">&#39;ATTRACTIVE OFFERINGS&#39;</h2><p>For years, Tesla as the market leader was able to increase sales rapidly and command a premium price for its vehicles, allowing it to rake in profits. But with weakening sales and a host of competitors, Tesla has had to cut prices in recent years, squeezing its margins and worrying investors.</p><p>The falling share reveals Tesla&#39;s increasingly difficult choice of supporting sales using higher, profit-destroying incentives for buyers or maintaining profits and giving up market share.</p><p>The July data showed rivals outgrowing Tesla. Hyundai, Honda, Kia and Toyota rolled out higher incentives than Tesla and drove up EV sales between 60% and 120%, boosting market share.</p><p>&#34;These legacy manufacturers are all benefiting from this sense of urgency, and they&#39;re able to have attractive offerings for their vehicles - and it&#39;s working,&#34; Streaty said. &#34;I think we&#39;re going to continue to see this momentum through September.&#34;</p><p>Competition against Tesla has turned fierce at EV dealer lots.</p><p>While scouring for a car for everyday use last month, Topojoy Biswas, a 41-year-old tech worker in the San Francisco Bay area, was greeted with a range of deals, including zero down payment and zero interest rates, from various EV dealers.</p><p>Instead of the Toyota Camry he initially was eyeing, Biswas bought a Volkswagen ID.4, VW&#39;s competition to the Model Y, lured by an attractive lease price and an offer of free fast-charging. Volkswagen sales rose more than 450% in July from the previous month.</p><p>&#34;It felt like the deal of the market,&#34; Biswas said.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla Market Share in US Drops to Lowest Since 2017 as Competition Heats up</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla Market Share in US Drops to Lowest Since 2017 as Competition Heats up\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-09-08 21:00</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>SAN FRANCISCO, Sept 8 (Reuters) - Tesla&#39;s U.S. market share dropped to a near eight-year low in August as buyers chose electric vehicles from a growing stable of rivals over the aging lineup offered by CEO Elon Musk&#39;s company, according to data from research firm Cox Automotive shared exclusively with Reuters.</p><p>The decline highlights the threat from automakers ramping up EV incentives at a difficult time for the industry. Analysts expect an EV sales bump to continue through September in the United States, then drop when federal tax credits expire at the end of the month, raising financial pressure on Tesla and other automakers.</p><p style=\"text-align: start;\">Tesla, which once held more than 80% of the U.S. EV market, accounted for 38% of the total EV sales in the United States in August, the first time it has fallen below the 40% mark since October 2017, when it was ramping up production of the Model 3, its first mass market car, according to early data from Cox.</p><p>While other automakers are rolling out new EVs, Tesla has turned its focus to building robotaxis and humanoid robots, delaying and cancelling plans for cheaper electric vehicle models.</p><p>Much of Tesla&#39;s trillion-dollar valuation hangs on that bet. The company&#39;s board on Friday proposed an unprecedented $1 trillion pay package for Musk that, apart from other operational milestones, is pegged to Tesla&#39;s value rising to $8.5 trillion over the next decade.</p><p>For now, Tesla&#39;s core auto business remains its money maker. Its last new model was the Cybertruck pickup that rolled out in 2023 with nothing of the success of its Model 3 midsize sedan or Model Y midsize SUV. Tesla has refreshed the Model Y, once the world&#39;s best-selling car, but the changes failed to live up to expectations, and Tesla is on track toward a second year of sales decline.</p><p>&#34;I know they&#39;re positioning themselves as a robotics, AI company. But when you&#39;re a car company, when you don&#39;t have new products, your share will start to decline,&#34; Stephanie Valdez Streaty, Cox&#39;s director of industry insights, said in an interview with Reuters.</p><p>Cox has more complete data for July, when Tesla&#39;s market share fell to 42% from 48.7% in June. The drop was the sharpest since March 2021, around the time when Ford launched its Mustang Mach-E EV, according to a Reuters analysis of the data.</p><p>Musk&#39;s right-wing political work and association with President Donald Trump also has hurt the brand. Musk helped guide Trump&#39;s efforts this year to downsize and reshape the U.S. government but left the administration in May and had a falling out with the Republican president.</p><p>Sales of new EVs jumped more than 24% month over month in July to 128,268, according to the Cox data, driven by the looming end of a $7,500 tax credit for EVs and attractive deals. Tesla saw sales rise 7% to 53,816, even as its market share fell.</p><p>In August, Tesla&#39;s growth slowed to 3.1%, and the broader market grew by 14%, the preliminary data showed.</p><h2 id=\"id_4150473833\" style=\"text-align: start;\">&#39;ATTRACTIVE OFFERINGS&#39;</h2><p>For years, Tesla as the market leader was able to increase sales rapidly and command a premium price for its vehicles, allowing it to rake in profits. But with weakening sales and a host of competitors, Tesla has had to cut prices in recent years, squeezing its margins and worrying investors.</p><p>The falling share reveals Tesla&#39;s increasingly difficult choice of supporting sales using higher, profit-destroying incentives for buyers or maintaining profits and giving up market share.</p><p>The July data showed rivals outgrowing Tesla. Hyundai, Honda, Kia and Toyota rolled out higher incentives than Tesla and drove up EV sales between 60% and 120%, boosting market share.</p><p>&#34;These legacy manufacturers are all benefiting from this sense of urgency, and they&#39;re able to have attractive offerings for their vehicles - and it&#39;s working,&#34; Streaty said. &#34;I think we&#39;re going to continue to see this momentum through September.&#34;</p><p>Competition against Tesla has turned fierce at EV dealer lots.</p><p>While scouring for a car for everyday use last month, Topojoy Biswas, a 41-year-old tech worker in the San Francisco Bay area, was greeted with a range of deals, including zero down payment and zero interest rates, from various EV dealers.</p><p>Instead of the Toyota Camry he initially was eyeing, Biswas bought a Volkswagen ID.4, VW&#39;s competition to the Model Y, lured by an attractive lease price and an offer of free fast-charging. Volkswagen sales rose more than 450% in July from the previous month.</p><p>&#34;It felt like the deal of the market,&#34; Biswas said.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4604":"机器人概念","LU0820561818.USD":"安联收益及增长平衡基金Cl AM DIS","LU0823411888.USD":"法巴消费创新基金 Cap","LU2471134952.CNY":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (CNYHDG) INC","IE00BK4W5L77.USD":"HSBC GLOBAL FUNDS ICAV US EQUITY INDEX \"HC\" (USD) ACC","LU1066051811.HKD":"HSBC GIF GLOBAL EQUITY VOLATILITY FOCUSED \"AM2\" (HKD) INC","LU1551013342.USD":"Allianz Income and Growth Cl AMg2 DIS USD","BK4555":"新能源车","LU2471134879.HKD":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (HKD) INC","BK4585":"ETF&股票定投概念","IE00BK4W5M84.HKD":"HSBC GLOBAL FUNDS ICAV US EQUITY INDEX \"HC\" (HKD) ACC","SG9999015978.USD":"利安颠覆性创新基金A","LU0964807845.USD":"ALLIANZ INCOME & GROWTH \"A\" (USD) INC","BK4099":"汽车制造商","LU2471134523.USD":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (USD) ACC","LU2087621335.USD":"ALLSPRING GLOBAL FACTOR ENHANCED EQUITY \"A\" (USD) ACC","LU1852331112.SGD":"Blackrock World Technology Fund A2 SGD-H","LU0345769128.USD":"NINETY ONE GSF GLOBAL EQUITY \"A\" (USD) ACC","LU2250418816.HKD":"BGF WORLD TECHNOLOGY \"A\" (HKD) ACC","LU0053666078.USD":"摩根大通基金-美国股票A（离岸）美元","LU2602419157.SGD":"HSBC ISLAMIC GLOBAL EQUITY INDEX \"AC\" (SGD) ACC","LU2360106780.USD":"BGF WORLD TECHNOLOGY \"A4\" (USD) INC","LU2360107168.USD":"BGF NEXT GENERATION TECHNOLOGY \"A4\" (USD) INC","LU1551013425.SGD":"Allianz Income and Growth Cl AMg2 DIS H2-SGD","LU0082616367.USD":"摩根大通美国科技A（dist）","SG9999015986.USD":"LIONGLOBAL DISRUPTIVE INNOVATION \"I\" (USD) ACC","LU1066051225.USD":"HSBC GIF GLOBAL EQUITY VOLATILITY FOCUSED \"AC\" (USD) ACC","BK4527":"明星科技股","LU0077335932.USD":"FIDELITY AMERICAN GROWTH \"A\" INC","LU0719512351.SGD":"JPMorgan Funds - US Technology A (acc) SGD","LU1145028129.USD":"ALLIANZ INCOME AND GROWTH \"AQ\" (USD) INC","LU2756315318.SGD":"ALLIANZ INCOME AND GROWTH \"AMG\" (SGDHDG) INC A","LU1232071149.USD":"AZ FUND 1 GLOBAL GROWTH SELECTOR \"AAZ\" (USDHDG) ACC","LU2023250330.USD":"ALLIANZ INCOME AND GROWTH \"AMG\" (USD) INC","TSLA":"特斯拉","LU1839511570.USD":"WELLS FARGO GLOBAL FACTOR ENHANCED EQUITY \"I\" (USD) ACC","LU0348723411.USD":"ALLIANZ GLOBAL HI-TECH GROWTH \"A\" (USD) INC","LU1674673691.USD":"HSBC GIF GLOBAL LOWER CARBON EQUITY \"AD\" (USD) INC","IE00BJLML261.HKD":"HSBC GLOBAL EQUITY INDEX \"HCH\" (HKD) ACC","BK4548":"巴美列捷福持仓","LU1720051017.SGD":"Allianz Global Artificial Intelligence AT Acc H2-SGD","LU2249611893.SGD":"BNP PARIBAS ENERGY TRANSITION \"CRH\" (SGD) ACC","LU1914381329.SGD":"Allianz Best Styles Global Equity Cl ET Acc H2-SGD","LU1674673428.USD":"HSBC GIF GLOBAL LOWER CARBON EQUITY \"AC\" (USD) ACC","LU0234570918.USD":"高盛全球核心股票组合Acc Close","LU0316494557.USD":"FRANKLIN GLOBAL FUNDAMENTAL STRATEGIES \"A\" ACC","BK4096":"电气部件与设备","LU1861559042.SGD":"日兴方舟颠覆性创新基金B SGD"},"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250908:nL4N3UP1MF:1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2565500832","content_text":"SAN FRANCISCO, Sept 8 (Reuters) - Tesla's U.S. market share dropped to a near eight-year low in August as buyers chose electric vehicles from a growing stable of rivals over the aging lineup offered by CEO Elon Musk's company, according to data from research firm Cox Automotive shared exclusively with Reuters.The decline highlights the threat from automakers ramping up EV incentives at a difficult time for the industry. Analysts expect an EV sales bump to continue through September in the United States, then drop when federal tax credits expire at the end of the month, raising financial pressure on Tesla and other automakers.Tesla, which once held more than 80% of the U.S. EV market, accounted for 38% of the total EV sales in the United States in August, the first time it has fallen below the 40% mark since October 2017, when it was ramping up production of the Model 3, its first mass market car, according to early data from Cox.While other automakers are rolling out new EVs, Tesla has turned its focus to building robotaxis and humanoid robots, delaying and cancelling plans for cheaper electric vehicle models.Much of Tesla's trillion-dollar valuation hangs on that bet. The company's board on Friday proposed an unprecedented $1 trillion pay package for Musk that, apart from other operational milestones, is pegged to Tesla's value rising to $8.5 trillion over the next decade.For now, Tesla's core auto business remains its money maker. Its last new model was the Cybertruck pickup that rolled out in 2023 with nothing of the success of its Model 3 midsize sedan or Model Y midsize SUV. Tesla has refreshed the Model Y, once the world's best-selling car, but the changes failed to live up to expectations, and Tesla is on track toward a second year of sales decline.\"I know they're positioning themselves as a robotics, AI company. But when you're a car company, when you don't have new products, your share will start to decline,\" Stephanie Valdez Streaty, Cox's director of industry insights, said in an interview with Reuters.Cox has more complete data for July, when Tesla's market share fell to 42% from 48.7% in June. The drop was the sharpest since March 2021, around the time when Ford launched its Mustang Mach-E EV, according to a Reuters analysis of the data.Musk's right-wing political work and association with President Donald Trump also has hurt the brand. Musk helped guide Trump's efforts this year to downsize and reshape the U.S. government but left the administration in May and had a falling out with the Republican president.Sales of new EVs jumped more than 24% month over month in July to 128,268, according to the Cox data, driven by the looming end of a $7,500 tax credit for EVs and attractive deals. Tesla saw sales rise 7% to 53,816, even as its market share fell.In August, Tesla's growth slowed to 3.1%, and the broader market grew by 14%, the preliminary data showed.'ATTRACTIVE OFFERINGS'For years, Tesla as the market leader was able to increase sales rapidly and command a premium price for its vehicles, allowing it to rake in profits. But with weakening sales and a host of competitors, Tesla has had to cut prices in recent years, squeezing its margins and worrying investors.The falling share reveals Tesla's increasingly difficult choice of supporting sales using higher, profit-destroying incentives for buyers or maintaining profits and giving up market share.The July data showed rivals outgrowing Tesla. Hyundai, Honda, Kia and Toyota rolled out higher incentives than Tesla and drove up EV sales between 60% and 120%, boosting market share.\"These legacy manufacturers are all benefiting from this sense of urgency, and they're able to have attractive offerings for their vehicles - and it's working,\" Streaty said. \"I think we're going to continue to see this momentum through September.\"Competition against Tesla has turned fierce at EV dealer lots.While scouring for a car for everyday use last month, Topojoy Biswas, a 41-year-old tech worker in the San Francisco Bay area, was greeted with a range of deals, including zero down payment and zero interest rates, from various EV dealers.Instead of the Toyota Camry he initially was eyeing, Biswas bought a Volkswagen ID.4, VW's competition to the Model Y, lured by an attractive lease price and an offer of free fast-charging. Volkswagen sales rose more than 450% in July from the previous month.\"It felt like the deal of the market,\" Biswas said.","news_type":1,"symbols_score_info":{"TSLA":0.9}},"isVote":1,"tweetType":1,"viewCount":347,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":236366780461232,"gmtCreate":1698739428581,"gmtModify":1698739672872,"author":{"id":"3563187374592881","authorId":"3563187374592881","name":"bing1001","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3563187374592881","idStr":"3563187374592881"},"themes":[],"htmlText":"Share your opinion about this news…","listText":"Share your opinion about this news…","text":"Share your opinion about this news…","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/236366780461232","repostId":"1170159709","repostType":2,"repost":{"id":"1170159709","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1698739348,"share":"https://ttm.financial/m/news/1170159709?lang=en_US&edition=fundamental","pubTime":"2023-10-31 16:02","market":"us","language":"en","title":"Tesla Stock Continues to Drop 1.7% Premarket on Panasonic Battery Warning","url":"https://stock-news.laohu8.com/highlight/detail?id=1170159709","media":"Tiger Newspress","summary":"Tesla Stock Continues to Drop 1.7% Premarket on Tuesday after Panasonic Battery Warning.Shares in electric vehicle maker Tesla declined nearly 5% on Monday following news that Panasonic, a longtime partner and supplier to the EV maker, had reduced battery cell production in Japan during the period ending September 2023.The updates stoked investor concerns about softening demand for EVs, especially for higher-priced EVs that may not qualify for tax breaks or other incentives from government progr","content":"<html><head></head><body><p>Tesla stock continues to drop 1.7% in premarket trading on Tuesday after Panasonic battery warning.</p><p>Shares of Tesla fell about 5% on Monday after key supplier Panasonic Holdings said it cut automotive battery production in the September quarter, cementing concerns of a global slowdown in electric-vehicle (EV) sales.</p><p style=\"text-align: start;\">Panasonic said its production suffered from slowing uptake for high-end EVs in North America, echoing Tesla CEO Elon Musk&#39;s comments from earlier this month that higher-for-longer borrowing costs would take a toll on vehicle demand.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/258ce0eb6d15cda69106a573ca239fc9\" title=\"\" tg-width=\"817\" tg-height=\"624\"/></p><p>&#34;Panasonic&#39;s warning of soft demand for Tesla&#39;s Model S and Model X cars has many concerned that global economic outlook could be in worse-shape than initially believed,&#34; said Edward Moya, senior market analyst at Oanda.</p><p style=\"text-align: start;\">Earlier on Monday, General Motors reached a tentative deal with the United Auto Workers union, following deals by Ford Motor and Chrysler-owner Stellantis, and potentially putting an end to disruptions that some analysts had said could have given Tesla an edge.</p><p>Since the UAW strike began, Tesla shares have, however, fallen 34% compared with a 30% to 33% decline in shares of Ford Motor (F.N) and General Motors (GM.N), and a 33% rise in Stellantis&#39;s shares.</p><p style=\"text-align: start;\">Tesla investor Gary Black attributed the weakness in Tesla shares to chipmaker Onsemi&#39;s bleak forecast.</p><p style=\"text-align: start;\">&#34;ON sells to automotive players with over 50% share of global EV sales, including 4 of the top 5 China EV makers,&#34; he said in a post on social media platform X on Monday.</p><p>Onsemi CEO Hassane El-Khoury said the company&#39;s top European clients were working to clear their inventory and noted that the company sees &#34;increasing risk to automotive demand due to high interest rates.&#34;</p><p style=\"text-align: start;\">Weak demand will mount more pressure on Tesla&#39;s gross margin. It contracted to 17.9% between July and September from 25.1% a year earlier due the EV maker&#39;s rampant price cuts, which also triggered a price war in key markets such as China.</p><p style=\"text-align: start;\">Tesla was trading at about 56 times its 12-month forward earnings estimates, compared with 5.6 times for Ford and General Motors&#39; 4.1, according to LSEG data.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla Stock Continues to Drop 1.7% Premarket on Panasonic Battery Warning</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla Stock Continues to Drop 1.7% Premarket on Panasonic Battery Warning\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2023-10-31 16:02</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Tesla stock continues to drop 1.7% in premarket trading on Tuesday after Panasonic battery warning.</p><p>Shares of Tesla fell about 5% on Monday after key supplier Panasonic Holdings said it cut automotive battery production in the September quarter, cementing concerns of a global slowdown in electric-vehicle (EV) sales.</p><p style=\"text-align: start;\">Panasonic said its production suffered from slowing uptake for high-end EVs in North America, echoing Tesla CEO Elon Musk&#39;s comments from earlier this month that higher-for-longer borrowing costs would take a toll on vehicle demand.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/258ce0eb6d15cda69106a573ca239fc9\" title=\"\" tg-width=\"817\" tg-height=\"624\"/></p><p>&#34;Panasonic&#39;s warning of soft demand for Tesla&#39;s Model S and Model X cars has many concerned that global economic outlook could be in worse-shape than initially believed,&#34; said Edward Moya, senior market analyst at Oanda.</p><p style=\"text-align: start;\">Earlier on Monday, General Motors reached a tentative deal with the United Auto Workers union, following deals by Ford Motor and Chrysler-owner Stellantis, and potentially putting an end to disruptions that some analysts had said could have given Tesla an edge.</p><p>Since the UAW strike began, Tesla shares have, however, fallen 34% compared with a 30% to 33% decline in shares of Ford Motor (F.N) and General Motors (GM.N), and a 33% rise in Stellantis&#39;s shares.</p><p style=\"text-align: start;\">Tesla investor Gary Black attributed the weakness in Tesla shares to chipmaker Onsemi&#39;s bleak forecast.</p><p style=\"text-align: start;\">&#34;ON sells to automotive players with over 50% share of global EV sales, including 4 of the top 5 China EV makers,&#34; he said in a post on social media platform X on Monday.</p><p>Onsemi CEO Hassane El-Khoury said the company&#39;s top European clients were working to clear their inventory and noted that the company sees &#34;increasing risk to automotive demand due to high interest rates.&#34;</p><p style=\"text-align: start;\">Weak demand will mount more pressure on Tesla&#39;s gross margin. It contracted to 17.9% between July and September from 25.1% a year earlier due the EV maker&#39;s rampant price cuts, which also triggered a price war in key markets such as China.</p><p style=\"text-align: start;\">Tesla was trading at about 56 times its 12-month forward earnings estimates, compared with 5.6 times for Ford and General Motors&#39; 4.1, according to LSEG data.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1170159709","content_text":"Tesla stock continues to drop 1.7% in premarket trading on Tuesday after Panasonic battery warning.Shares of Tesla fell about 5% on Monday after key supplier Panasonic Holdings said it cut automotive battery production in the September quarter, cementing concerns of a global slowdown in electric-vehicle (EV) sales.Panasonic said its production suffered from slowing uptake for high-end EVs in North America, echoing Tesla CEO Elon Musk's comments from earlier this month that higher-for-longer borrowing costs would take a toll on vehicle demand.\"Panasonic's warning of soft demand for Tesla's Model S and Model X cars has many concerned that global economic outlook could be in worse-shape than initially believed,\" said Edward Moya, senior market analyst at Oanda.Earlier on Monday, General Motors reached a tentative deal with the United Auto Workers union, following deals by Ford Motor and Chrysler-owner Stellantis, and potentially putting an end to disruptions that some analysts had said could have given Tesla an edge.Since the UAW strike began, Tesla shares have, however, fallen 34% compared with a 30% to 33% decline in shares of Ford Motor (F.N) and General Motors (GM.N), and a 33% rise in Stellantis's shares.Tesla investor Gary Black attributed the weakness in Tesla shares to chipmaker Onsemi's bleak forecast.\"ON sells to automotive players with over 50% share of global EV sales, including 4 of the top 5 China EV makers,\" he said in a post on social media platform X on Monday.Onsemi CEO Hassane El-Khoury said the company's top European clients were working to clear their inventory and noted that the company sees \"increasing risk to automotive demand due to high interest rates.\"Weak demand will mount more pressure on Tesla's gross margin. It contracted to 17.9% between July and September from 25.1% a year earlier due the EV maker's rampant price cuts, which also triggered a price war in key markets such as China.Tesla was trading at about 56 times its 12-month forward earnings estimates, compared with 5.6 times for Ford and General Motors' 4.1, according to LSEG data.","news_type":1,"symbols_score_info":{"TSLA":1.1}},"isVote":1,"tweetType":1,"viewCount":414,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":229723507478576,"gmtCreate":1697126720672,"gmtModify":1697128053481,"author":{"id":"3563187374592881","authorId":"3563187374592881","name":"bing1001","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3563187374592881","idStr":"3563187374592881"},"themes":[],"htmlText":"Share your opinion about this news…","listText":"Share your opinion about this news…","text":"Share your opinion about this news…","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/229723507478576","repostId":"1155771763","repostType":2,"repost":{"id":"1155771763","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1697099649,"share":"https://ttm.financial/m/news/1155771763?lang=en_US&edition=fundamental","pubTime":"2023-10-12 16:34","market":"us","language":"en","title":"OpGen Shares Take Flight on Talks for Potential Deal","url":"https://stock-news.laohu8.com/highlight/detail?id=1155771763","media":"Tiger Newspress","summary":"In an exciting development for Unit Curetis GmbH, a substantial payment of 750,000 Euros has been received. This payment is directly linked to the successful sale of specific Unyvero A50 systems to a ","content":"<html><head></head><body><p>Shares of OpGen surged 775% in premarket trading Thursday after the precision-medicine company said it was in talks on a potential strategic transaction with an unnamed investor.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/60ed81678f047fc0f7a4f58507ef6f12\" title=\"\" tg-width=\"845\" tg-height=\"623\"/></p><p style=\"text-align: start;\">In a filing with the U.S. Securities and Exchange Commission, OpGen said it agreed to sell $1 million of preferred stock to the investor in a private placement in connection with the talks.</p><p>In a separate filing, OpGen said its Curetis unit received an advance payment of nearly $800,000 related to the sale of certain Unyvero A50 systems to a unnamed strategic partner, and that the partner may buy additional systems while the parties pursue a potential strategic transaction.</p><p>OpGen, which previously warned that it was running out of cash and flagged doubt about its ability to continue as a going concern, said it plans to use the proceeds from the two transaction to fund its operations while it pursues a deal.</p><p>OpGen shares, which closed Wednesday at 33.6 cents, were recently changing hands at $2.12 in premarket trading.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>OpGen Shares Take Flight on Talks for Potential Deal</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nOpGen Shares Take Flight on Talks for Potential Deal\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2023-10-12 16:34</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Shares of OpGen surged 775% in premarket trading Thursday after the precision-medicine company said it was in talks on a potential strategic transaction with an unnamed investor.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/60ed81678f047fc0f7a4f58507ef6f12\" title=\"\" tg-width=\"845\" tg-height=\"623\"/></p><p style=\"text-align: start;\">In a filing with the U.S. Securities and Exchange Commission, OpGen said it agreed to sell $1 million of preferred stock to the investor in a private placement in connection with the talks.</p><p>In a separate filing, OpGen said its Curetis unit received an advance payment of nearly $800,000 related to the sale of certain Unyvero A50 systems to a unnamed strategic partner, and that the partner may buy additional systems while the parties pursue a potential strategic transaction.</p><p>OpGen, which previously warned that it was running out of cash and flagged doubt about its ability to continue as a going concern, said it plans to use the proceeds from the two transaction to fund its operations while it pursues a deal.</p><p>OpGen shares, which closed Wednesday at 33.6 cents, were recently changing hands at $2.12 in premarket trading.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"OPGN":"OpGen, Inc."},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1155771763","content_text":"Shares of OpGen surged 775% in premarket trading Thursday after the precision-medicine company said it was in talks on a potential strategic transaction with an unnamed investor.In a filing with the U.S. Securities and Exchange Commission, OpGen said it agreed to sell $1 million of preferred stock to the investor in a private placement in connection with the talks.In a separate filing, OpGen said its Curetis unit received an advance payment of nearly $800,000 related to the sale of certain Unyvero A50 systems to a unnamed strategic partner, and that the partner may buy additional systems while the parties pursue a potential strategic transaction.OpGen, which previously warned that it was running out of cash and flagged doubt about its ability to continue as a going concern, said it plans to use the proceeds from the two transaction to fund its operations while it pursues a deal.OpGen shares, which closed Wednesday at 33.6 cents, were recently changing hands at $2.12 in premarket trading.","news_type":1,"symbols_score_info":{"OPGN":1.1}},"isVote":1,"tweetType":1,"viewCount":327,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":229723507478576,"gmtCreate":1697126720672,"gmtModify":1697128053481,"author":{"id":"3563187374592881","authorId":"3563187374592881","name":"bing1001","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3563187374592881","idStr":"3563187374592881"},"themes":[],"htmlText":"Share your opinion about this news…","listText":"Share your opinion about this news…","text":"Share your opinion about this news…","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/229723507478576","repostId":"1155771763","repostType":2,"repost":{"id":"1155771763","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1697099649,"share":"https://ttm.financial/m/news/1155771763?lang=en_US&edition=fundamental","pubTime":"2023-10-12 16:34","market":"us","language":"en","title":"OpGen Shares Take Flight on Talks for Potential Deal","url":"https://stock-news.laohu8.com/highlight/detail?id=1155771763","media":"Tiger Newspress","summary":"In an exciting development for Unit Curetis GmbH, a substantial payment of 750,000 Euros has been received. This payment is directly linked to the successful sale of specific Unyvero A50 systems to a ","content":"<html><head></head><body><p>Shares of OpGen surged 775% in premarket trading Thursday after the precision-medicine company said it was in talks on a potential strategic transaction with an unnamed investor.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/60ed81678f047fc0f7a4f58507ef6f12\" title=\"\" tg-width=\"845\" tg-height=\"623\"/></p><p style=\"text-align: start;\">In a filing with the U.S. Securities and Exchange Commission, OpGen said it agreed to sell $1 million of preferred stock to the investor in a private placement in connection with the talks.</p><p>In a separate filing, OpGen said its Curetis unit received an advance payment of nearly $800,000 related to the sale of certain Unyvero A50 systems to a unnamed strategic partner, and that the partner may buy additional systems while the parties pursue a potential strategic transaction.</p><p>OpGen, which previously warned that it was running out of cash and flagged doubt about its ability to continue as a going concern, said it plans to use the proceeds from the two transaction to fund its operations while it pursues a deal.</p><p>OpGen shares, which closed Wednesday at 33.6 cents, were recently changing hands at $2.12 in premarket trading.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>OpGen Shares Take Flight on Talks for Potential Deal</title>\n<style 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margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nOpGen Shares Take Flight on Talks for Potential Deal\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2023-10-12 16:34</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Shares of OpGen surged 775% in premarket trading Thursday after the precision-medicine company said it was in talks on a potential strategic transaction with an unnamed investor.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/60ed81678f047fc0f7a4f58507ef6f12\" title=\"\" tg-width=\"845\" tg-height=\"623\"/></p><p style=\"text-align: start;\">In a filing with the U.S. Securities and Exchange Commission, OpGen said it agreed to sell $1 million of preferred stock to the investor in a private placement in connection with the talks.</p><p>In a separate filing, OpGen said its Curetis unit received an advance payment of nearly $800,000 related to the sale of certain Unyvero A50 systems to a unnamed strategic partner, and that the partner may buy additional systems while the parties pursue a potential strategic transaction.</p><p>OpGen, which previously warned that it was running out of cash and flagged doubt about its ability to continue as a going concern, said it plans to use the proceeds from the two transaction to fund its operations while it pursues a deal.</p><p>OpGen shares, which closed Wednesday at 33.6 cents, were recently changing hands at $2.12 in premarket trading.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"OPGN":"OpGen, Inc."},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1155771763","content_text":"Shares of OpGen surged 775% in premarket trading Thursday after the precision-medicine company said it was in talks on a potential strategic transaction with an unnamed investor.In a filing with the U.S. Securities and Exchange Commission, OpGen said it agreed to sell $1 million of preferred stock to the investor in a private placement in connection with the talks.In a separate filing, OpGen said its Curetis unit received an advance payment of nearly $800,000 related to the sale of certain Unyvero A50 systems to a unnamed strategic partner, and that the partner may buy additional systems while the parties pursue a potential strategic transaction.OpGen, which previously warned that it was running out of cash and flagged doubt about its ability to continue as a going concern, said it plans to use the proceeds from the two transaction to fund its operations while it pursues a deal.OpGen shares, which closed Wednesday at 33.6 cents, were recently changing hands at $2.12 in premarket trading.","news_type":1,"symbols_score_info":{"OPGN":1.1}},"isVote":1,"tweetType":1,"viewCount":327,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":476406448087688,"gmtCreate":1757337634387,"gmtModify":1757338431681,"author":{"id":"3563187374592881","authorId":"3563187374592881","name":"bing1001","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3563187374592881","idStr":"3563187374592881"},"themes":[],"htmlText":"Share your opinion about this news…","listText":"Share your opinion about this news…","text":"Share your opinion about this news…","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/476406448087688","repostId":"2565500832","repostType":2,"repost":{"id":"2565500832","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"pubTimestamp":1757336400,"share":"https://ttm.financial/m/news/2565500832?lang=en_US&edition=fundamental","pubTime":"2025-09-08 21:00","market":"us","language":"en","title":"Tesla Market Share in US Drops to Lowest Since 2017 as Competition Heats up","url":"https://stock-news.laohu8.com/highlight/detail?id=2565500832","media":"Reuters","summary":"SAN FRANCISCO, Sept 8 (Reuters) - Tesla's U.S. market share dropped to a near eight-year low in August as buyers chose electric vehicles from a growing stable of rivals over the aging lineup offered...","content":"<html><head></head><body><p>SAN FRANCISCO, Sept 8 (Reuters) - Tesla&#39;s U.S. market share dropped to a near eight-year low in August as buyers chose electric vehicles from a growing stable of rivals over the aging lineup offered by CEO Elon Musk&#39;s company, according to data from research firm Cox Automotive shared exclusively with Reuters.</p><p>The decline highlights the threat from automakers ramping up EV incentives at a difficult time for the industry. Analysts expect an EV sales bump to continue through September in the United States, then drop when federal tax credits expire at the end of the month, raising financial pressure on Tesla and other automakers.</p><p style=\"text-align: start;\">Tesla, which once held more than 80% of the U.S. EV market, accounted for 38% of the total EV sales in the United States in August, the first time it has fallen below the 40% mark since October 2017, when it was ramping up production of the Model 3, its first mass market car, according to early data from Cox.</p><p>While other automakers are rolling out new EVs, Tesla has turned its focus to building robotaxis and humanoid robots, delaying and cancelling plans for cheaper electric vehicle models.</p><p>Much of Tesla&#39;s trillion-dollar valuation hangs on that bet. The company&#39;s board on Friday proposed an unprecedented $1 trillion pay package for Musk that, apart from other operational milestones, is pegged to Tesla&#39;s value rising to $8.5 trillion over the next decade.</p><p>For now, Tesla&#39;s core auto business remains its money maker. Its last new model was the Cybertruck pickup that rolled out in 2023 with nothing of the success of its Model 3 midsize sedan or Model Y midsize SUV. Tesla has refreshed the Model Y, once the world&#39;s best-selling car, but the changes failed to live up to expectations, and Tesla is on track toward a second year of sales decline.</p><p>&#34;I know they&#39;re positioning themselves as a robotics, AI company. But when you&#39;re a car company, when you don&#39;t have new products, your share will start to decline,&#34; Stephanie Valdez Streaty, Cox&#39;s director of industry insights, said in an interview with Reuters.</p><p>Cox has more complete data for July, when Tesla&#39;s market share fell to 42% from 48.7% in June. The drop was the sharpest since March 2021, around the time when Ford launched its Mustang Mach-E EV, according to a Reuters analysis of the data.</p><p>Musk&#39;s right-wing political work and association with President Donald Trump also has hurt the brand. Musk helped guide Trump&#39;s efforts this year to downsize and reshape the U.S. government but left the administration in May and had a falling out with the Republican president.</p><p>Sales of new EVs jumped more than 24% month over month in July to 128,268, according to the Cox data, driven by the looming end of a $7,500 tax credit for EVs and attractive deals. Tesla saw sales rise 7% to 53,816, even as its market share fell.</p><p>In August, Tesla&#39;s growth slowed to 3.1%, and the broader market grew by 14%, the preliminary data showed.</p><h2 id=\"id_4150473833\" style=\"text-align: start;\">&#39;ATTRACTIVE OFFERINGS&#39;</h2><p>For years, Tesla as the market leader was able to increase sales rapidly and command a premium price for its vehicles, allowing it to rake in profits. But with weakening sales and a host of competitors, Tesla has had to cut prices in recent years, squeezing its margins and worrying investors.</p><p>The falling share reveals Tesla&#39;s increasingly difficult choice of supporting sales using higher, profit-destroying incentives for buyers or maintaining profits and giving up market share.</p><p>The July data showed rivals outgrowing Tesla. Hyundai, Honda, Kia and Toyota rolled out higher incentives than Tesla and drove up EV sales between 60% and 120%, boosting market share.</p><p>&#34;These legacy manufacturers are all benefiting from this sense of urgency, and they&#39;re able to have attractive offerings for their vehicles - and it&#39;s working,&#34; Streaty said. &#34;I think we&#39;re going to continue to see this momentum through September.&#34;</p><p>Competition against Tesla has turned fierce at EV dealer lots.</p><p>While scouring for a car for everyday use last month, Topojoy Biswas, a 41-year-old tech worker in the San Francisco Bay area, was greeted with a range of deals, including zero down payment and zero interest rates, from various EV dealers.</p><p>Instead of the Toyota Camry he initially was eyeing, Biswas bought a Volkswagen ID.4, VW&#39;s competition to the Model Y, lured by an attractive lease price and an offer of free fast-charging. Volkswagen sales rose more than 450% in July from the previous month.</p><p>&#34;It felt like the deal of the market,&#34; Biswas said.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla Market Share in US Drops to Lowest Since 2017 as Competition Heats up</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla Market Share in US Drops to Lowest Since 2017 as Competition Heats up\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-09-08 21:00</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>SAN FRANCISCO, Sept 8 (Reuters) - Tesla&#39;s U.S. market share dropped to a near eight-year low in August as buyers chose electric vehicles from a growing stable of rivals over the aging lineup offered by CEO Elon Musk&#39;s company, according to data from research firm Cox Automotive shared exclusively with Reuters.</p><p>The decline highlights the threat from automakers ramping up EV incentives at a difficult time for the industry. Analysts expect an EV sales bump to continue through September in the United States, then drop when federal tax credits expire at the end of the month, raising financial pressure on Tesla and other automakers.</p><p style=\"text-align: start;\">Tesla, which once held more than 80% of the U.S. EV market, accounted for 38% of the total EV sales in the United States in August, the first time it has fallen below the 40% mark since October 2017, when it was ramping up production of the Model 3, its first mass market car, according to early data from Cox.</p><p>While other automakers are rolling out new EVs, Tesla has turned its focus to building robotaxis and humanoid robots, delaying and cancelling plans for cheaper electric vehicle models.</p><p>Much of Tesla&#39;s trillion-dollar valuation hangs on that bet. The company&#39;s board on Friday proposed an unprecedented $1 trillion pay package for Musk that, apart from other operational milestones, is pegged to Tesla&#39;s value rising to $8.5 trillion over the next decade.</p><p>For now, Tesla&#39;s core auto business remains its money maker. Its last new model was the Cybertruck pickup that rolled out in 2023 with nothing of the success of its Model 3 midsize sedan or Model Y midsize SUV. Tesla has refreshed the Model Y, once the world&#39;s best-selling car, but the changes failed to live up to expectations, and Tesla is on track toward a second year of sales decline.</p><p>&#34;I know they&#39;re positioning themselves as a robotics, AI company. But when you&#39;re a car company, when you don&#39;t have new products, your share will start to decline,&#34; Stephanie Valdez Streaty, Cox&#39;s director of industry insights, said in an interview with Reuters.</p><p>Cox has more complete data for July, when Tesla&#39;s market share fell to 42% from 48.7% in June. The drop was the sharpest since March 2021, around the time when Ford launched its Mustang Mach-E EV, according to a Reuters analysis of the data.</p><p>Musk&#39;s right-wing political work and association with President Donald Trump also has hurt the brand. Musk helped guide Trump&#39;s efforts this year to downsize and reshape the U.S. government but left the administration in May and had a falling out with the Republican president.</p><p>Sales of new EVs jumped more than 24% month over month in July to 128,268, according to the Cox data, driven by the looming end of a $7,500 tax credit for EVs and attractive deals. Tesla saw sales rise 7% to 53,816, even as its market share fell.</p><p>In August, Tesla&#39;s growth slowed to 3.1%, and the broader market grew by 14%, the preliminary data showed.</p><h2 id=\"id_4150473833\" style=\"text-align: start;\">&#39;ATTRACTIVE OFFERINGS&#39;</h2><p>For years, Tesla as the market leader was able to increase sales rapidly and command a premium price for its vehicles, allowing it to rake in profits. But with weakening sales and a host of competitors, Tesla has had to cut prices in recent years, squeezing its margins and worrying investors.</p><p>The falling share reveals Tesla&#39;s increasingly difficult choice of supporting sales using higher, profit-destroying incentives for buyers or maintaining profits and giving up market share.</p><p>The July data showed rivals outgrowing Tesla. Hyundai, Honda, Kia and Toyota rolled out higher incentives than Tesla and drove up EV sales between 60% and 120%, boosting market share.</p><p>&#34;These legacy manufacturers are all benefiting from this sense of urgency, and they&#39;re able to have attractive offerings for their vehicles - and it&#39;s working,&#34; Streaty said. &#34;I think we&#39;re going to continue to see this momentum through September.&#34;</p><p>Competition against Tesla has turned fierce at EV dealer lots.</p><p>While scouring for a car for everyday use last month, Topojoy Biswas, a 41-year-old tech worker in the San Francisco Bay area, was greeted with a range of deals, including zero down payment and zero interest rates, from various EV dealers.</p><p>Instead of the Toyota Camry he initially was eyeing, Biswas bought a Volkswagen ID.4, VW&#39;s competition to the Model Y, lured by an attractive lease price and an offer of free fast-charging. Volkswagen sales rose more than 450% in July from the previous month.</p><p>&#34;It felt like the deal of the market,&#34; Biswas said.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4604":"机器人概念","LU0820561818.USD":"安联收益及增长平衡基金Cl AM DIS","LU0823411888.USD":"法巴消费创新基金 Cap","LU2471134952.CNY":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (CNYHDG) INC","IE00BK4W5L77.USD":"HSBC GLOBAL FUNDS ICAV US EQUITY INDEX \"HC\" (USD) ACC","LU1066051811.HKD":"HSBC GIF GLOBAL EQUITY VOLATILITY FOCUSED \"AM2\" (HKD) INC","LU1551013342.USD":"Allianz Income and Growth Cl AMg2 DIS USD","BK4555":"新能源车","LU2471134879.HKD":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (HKD) INC","BK4585":"ETF&股票定投概念","IE00BK4W5M84.HKD":"HSBC GLOBAL FUNDS ICAV US EQUITY INDEX \"HC\" (HKD) ACC","SG9999015978.USD":"利安颠覆性创新基金A","LU0964807845.USD":"ALLIANZ INCOME & GROWTH \"A\" (USD) INC","BK4099":"汽车制造商","LU2471134523.USD":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (USD) ACC","LU2087621335.USD":"ALLSPRING GLOBAL FACTOR ENHANCED EQUITY \"A\" (USD) ACC","LU1852331112.SGD":"Blackrock World Technology Fund A2 SGD-H","LU0345769128.USD":"NINETY ONE GSF GLOBAL EQUITY \"A\" (USD) ACC","LU2250418816.HKD":"BGF WORLD TECHNOLOGY \"A\" (HKD) ACC","LU0053666078.USD":"摩根大通基金-美国股票A（离岸）美元","LU2602419157.SGD":"HSBC ISLAMIC GLOBAL EQUITY INDEX \"AC\" (SGD) ACC","LU2360106780.USD":"BGF WORLD TECHNOLOGY \"A4\" (USD) INC","LU2360107168.USD":"BGF NEXT GENERATION TECHNOLOGY \"A4\" (USD) INC","LU1551013425.SGD":"Allianz Income and Growth Cl AMg2 DIS H2-SGD","LU0082616367.USD":"摩根大通美国科技A（dist）","SG9999015986.USD":"LIONGLOBAL DISRUPTIVE INNOVATION \"I\" (USD) ACC","LU1066051225.USD":"HSBC GIF GLOBAL EQUITY VOLATILITY FOCUSED \"AC\" (USD) ACC","BK4527":"明星科技股","LU0077335932.USD":"FIDELITY AMERICAN GROWTH \"A\" INC","LU0719512351.SGD":"JPMorgan Funds - US Technology A (acc) SGD","LU1145028129.USD":"ALLIANZ INCOME AND GROWTH \"AQ\" (USD) INC","LU2756315318.SGD":"ALLIANZ INCOME AND GROWTH \"AMG\" (SGDHDG) INC A","LU1232071149.USD":"AZ FUND 1 GLOBAL GROWTH SELECTOR \"AAZ\" (USDHDG) ACC","LU2023250330.USD":"ALLIANZ INCOME AND GROWTH \"AMG\" (USD) INC","TSLA":"特斯拉","LU1839511570.USD":"WELLS FARGO GLOBAL FACTOR ENHANCED EQUITY \"I\" (USD) ACC","LU0348723411.USD":"ALLIANZ GLOBAL HI-TECH GROWTH \"A\" (USD) INC","LU1674673691.USD":"HSBC GIF GLOBAL LOWER CARBON EQUITY \"AD\" (USD) INC","IE00BJLML261.HKD":"HSBC GLOBAL EQUITY INDEX \"HCH\" (HKD) ACC","BK4548":"巴美列捷福持仓","LU1720051017.SGD":"Allianz Global Artificial Intelligence AT Acc H2-SGD","LU2249611893.SGD":"BNP PARIBAS ENERGY TRANSITION \"CRH\" (SGD) ACC","LU1914381329.SGD":"Allianz Best Styles Global Equity Cl ET Acc H2-SGD","LU1674673428.USD":"HSBC GIF GLOBAL LOWER CARBON EQUITY \"AC\" (USD) ACC","LU0234570918.USD":"高盛全球核心股票组合Acc Close","LU0316494557.USD":"FRANKLIN GLOBAL FUNDAMENTAL STRATEGIES \"A\" ACC","BK4096":"电气部件与设备","LU1861559042.SGD":"日兴方舟颠覆性创新基金B SGD"},"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250908:nL4N3UP1MF:1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2565500832","content_text":"SAN FRANCISCO, Sept 8 (Reuters) - Tesla's U.S. market share dropped to a near eight-year low in August as buyers chose electric vehicles from a growing stable of rivals over the aging lineup offered by CEO Elon Musk's company, according to data from research firm Cox Automotive shared exclusively with Reuters.The decline highlights the threat from automakers ramping up EV incentives at a difficult time for the industry. Analysts expect an EV sales bump to continue through September in the United States, then drop when federal tax credits expire at the end of the month, raising financial pressure on Tesla and other automakers.Tesla, which once held more than 80% of the U.S. EV market, accounted for 38% of the total EV sales in the United States in August, the first time it has fallen below the 40% mark since October 2017, when it was ramping up production of the Model 3, its first mass market car, according to early data from Cox.While other automakers are rolling out new EVs, Tesla has turned its focus to building robotaxis and humanoid robots, delaying and cancelling plans for cheaper electric vehicle models.Much of Tesla's trillion-dollar valuation hangs on that bet. The company's board on Friday proposed an unprecedented $1 trillion pay package for Musk that, apart from other operational milestones, is pegged to Tesla's value rising to $8.5 trillion over the next decade.For now, Tesla's core auto business remains its money maker. Its last new model was the Cybertruck pickup that rolled out in 2023 with nothing of the success of its Model 3 midsize sedan or Model Y midsize SUV. Tesla has refreshed the Model Y, once the world's best-selling car, but the changes failed to live up to expectations, and Tesla is on track toward a second year of sales decline.\"I know they're positioning themselves as a robotics, AI company. But when you're a car company, when you don't have new products, your share will start to decline,\" Stephanie Valdez Streaty, Cox's director of industry insights, said in an interview with Reuters.Cox has more complete data for July, when Tesla's market share fell to 42% from 48.7% in June. The drop was the sharpest since March 2021, around the time when Ford launched its Mustang Mach-E EV, according to a Reuters analysis of the data.Musk's right-wing political work and association with President Donald Trump also has hurt the brand. Musk helped guide Trump's efforts this year to downsize and reshape the U.S. government but left the administration in May and had a falling out with the Republican president.Sales of new EVs jumped more than 24% month over month in July to 128,268, according to the Cox data, driven by the looming end of a $7,500 tax credit for EVs and attractive deals. Tesla saw sales rise 7% to 53,816, even as its market share fell.In August, Tesla's growth slowed to 3.1%, and the broader market grew by 14%, the preliminary data showed.'ATTRACTIVE OFFERINGS'For years, Tesla as the market leader was able to increase sales rapidly and command a premium price for its vehicles, allowing it to rake in profits. But with weakening sales and a host of competitors, Tesla has had to cut prices in recent years, squeezing its margins and worrying investors.The falling share reveals Tesla's increasingly difficult choice of supporting sales using higher, profit-destroying incentives for buyers or maintaining profits and giving up market share.The July data showed rivals outgrowing Tesla. Hyundai, Honda, Kia and Toyota rolled out higher incentives than Tesla and drove up EV sales between 60% and 120%, boosting market share.\"These legacy manufacturers are all benefiting from this sense of urgency, and they're able to have attractive offerings for their vehicles - and it's working,\" Streaty said. \"I think we're going to continue to see this momentum through September.\"Competition against Tesla has turned fierce at EV dealer lots.While scouring for a car for everyday use last month, Topojoy Biswas, a 41-year-old tech worker in the San Francisco Bay area, was greeted with a range of deals, including zero down payment and zero interest rates, from various EV dealers.Instead of the Toyota Camry he initially was eyeing, Biswas bought a Volkswagen ID.4, VW's competition to the Model Y, lured by an attractive lease price and an offer of free fast-charging. Volkswagen sales rose more than 450% in July from the previous month.\"It felt like the deal of the market,\" Biswas said.","news_type":1,"symbols_score_info":{"TSLA":0.9}},"isVote":1,"tweetType":1,"viewCount":347,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":236366780461232,"gmtCreate":1698739428581,"gmtModify":1698739672872,"author":{"id":"3563187374592881","authorId":"3563187374592881","name":"bing1001","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3563187374592881","idStr":"3563187374592881"},"themes":[],"htmlText":"Share your opinion about this news…","listText":"Share your opinion about this news…","text":"Share your opinion about this news…","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/236366780461232","repostId":"1170159709","repostType":2,"repost":{"id":"1170159709","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1698739348,"share":"https://ttm.financial/m/news/1170159709?lang=en_US&edition=fundamental","pubTime":"2023-10-31 16:02","market":"us","language":"en","title":"Tesla Stock Continues to Drop 1.7% Premarket on Panasonic Battery Warning","url":"https://stock-news.laohu8.com/highlight/detail?id=1170159709","media":"Tiger Newspress","summary":"Tesla Stock Continues to Drop 1.7% Premarket on Tuesday after Panasonic Battery Warning.Shares in electric vehicle maker Tesla declined nearly 5% on Monday following news that Panasonic, a longtime partner and supplier to the EV maker, had reduced battery cell production in Japan during the period ending September 2023.The updates stoked investor concerns about softening demand for EVs, especially for higher-priced EVs that may not qualify for tax breaks or other incentives from government progr","content":"<html><head></head><body><p>Tesla stock continues to drop 1.7% in premarket trading on Tuesday after Panasonic battery warning.</p><p>Shares of Tesla fell about 5% on Monday after key supplier Panasonic Holdings said it cut automotive battery production in the September quarter, cementing concerns of a global slowdown in electric-vehicle (EV) sales.</p><p style=\"text-align: start;\">Panasonic said its production suffered from slowing uptake for high-end EVs in North America, echoing Tesla CEO Elon Musk&#39;s comments from earlier this month that higher-for-longer borrowing costs would take a toll on vehicle demand.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/258ce0eb6d15cda69106a573ca239fc9\" title=\"\" tg-width=\"817\" tg-height=\"624\"/></p><p>&#34;Panasonic&#39;s warning of soft demand for Tesla&#39;s Model S and Model X cars has many concerned that global economic outlook could be in worse-shape than initially believed,&#34; said Edward Moya, senior market analyst at Oanda.</p><p style=\"text-align: start;\">Earlier on Monday, General Motors reached a tentative deal with the United Auto Workers union, following deals by Ford Motor and Chrysler-owner Stellantis, and potentially putting an end to disruptions that some analysts had said could have given Tesla an edge.</p><p>Since the UAW strike began, Tesla shares have, however, fallen 34% compared with a 30% to 33% decline in shares of Ford Motor (F.N) and General Motors (GM.N), and a 33% rise in Stellantis&#39;s shares.</p><p style=\"text-align: start;\">Tesla investor Gary Black attributed the weakness in Tesla shares to chipmaker Onsemi&#39;s bleak forecast.</p><p style=\"text-align: start;\">&#34;ON sells to automotive players with over 50% share of global EV sales, including 4 of the top 5 China EV makers,&#34; he said in a post on social media platform X on Monday.</p><p>Onsemi CEO Hassane El-Khoury said the company&#39;s top European clients were working to clear their inventory and noted that the company sees &#34;increasing risk to automotive demand due to high interest rates.&#34;</p><p style=\"text-align: start;\">Weak demand will mount more pressure on Tesla&#39;s gross margin. It contracted to 17.9% between July and September from 25.1% a year earlier due the EV maker&#39;s rampant price cuts, which also triggered a price war in key markets such as China.</p><p style=\"text-align: start;\">Tesla was trading at about 56 times its 12-month forward earnings estimates, compared with 5.6 times for Ford and General Motors&#39; 4.1, according to LSEG data.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla Stock Continues to Drop 1.7% Premarket on Panasonic Battery Warning</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla Stock Continues to Drop 1.7% Premarket on Panasonic Battery Warning\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2023-10-31 16:02</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Tesla stock continues to drop 1.7% in premarket trading on Tuesday after Panasonic battery warning.</p><p>Shares of Tesla fell about 5% on Monday after key supplier Panasonic Holdings said it cut automotive battery production in the September quarter, cementing concerns of a global slowdown in electric-vehicle (EV) sales.</p><p style=\"text-align: start;\">Panasonic said its production suffered from slowing uptake for high-end EVs in North America, echoing Tesla CEO Elon Musk&#39;s comments from earlier this month that higher-for-longer borrowing costs would take a toll on vehicle demand.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/258ce0eb6d15cda69106a573ca239fc9\" title=\"\" tg-width=\"817\" tg-height=\"624\"/></p><p>&#34;Panasonic&#39;s warning of soft demand for Tesla&#39;s Model S and Model X cars has many concerned that global economic outlook could be in worse-shape than initially believed,&#34; said Edward Moya, senior market analyst at Oanda.</p><p style=\"text-align: start;\">Earlier on Monday, General Motors reached a tentative deal with the United Auto Workers union, following deals by Ford Motor and Chrysler-owner Stellantis, and potentially putting an end to disruptions that some analysts had said could have given Tesla an edge.</p><p>Since the UAW strike began, Tesla shares have, however, fallen 34% compared with a 30% to 33% decline in shares of Ford Motor (F.N) and General Motors (GM.N), and a 33% rise in Stellantis&#39;s shares.</p><p style=\"text-align: start;\">Tesla investor Gary Black attributed the weakness in Tesla shares to chipmaker Onsemi&#39;s bleak forecast.</p><p style=\"text-align: start;\">&#34;ON sells to automotive players with over 50% share of global EV sales, including 4 of the top 5 China EV makers,&#34; he said in a post on social media platform X on Monday.</p><p>Onsemi CEO Hassane El-Khoury said the company&#39;s top European clients were working to clear their inventory and noted that the company sees &#34;increasing risk to automotive demand due to high interest rates.&#34;</p><p style=\"text-align: start;\">Weak demand will mount more pressure on Tesla&#39;s gross margin. It contracted to 17.9% between July and September from 25.1% a year earlier due the EV maker&#39;s rampant price cuts, which also triggered a price war in key markets such as China.</p><p style=\"text-align: start;\">Tesla was trading at about 56 times its 12-month forward earnings estimates, compared with 5.6 times for Ford and General Motors&#39; 4.1, according to LSEG data.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1170159709","content_text":"Tesla stock continues to drop 1.7% in premarket trading on Tuesday after Panasonic battery warning.Shares of Tesla fell about 5% on Monday after key supplier Panasonic Holdings said it cut automotive battery production in the September quarter, cementing concerns of a global slowdown in electric-vehicle (EV) sales.Panasonic said its production suffered from slowing uptake for high-end EVs in North America, echoing Tesla CEO Elon Musk's comments from earlier this month that higher-for-longer borrowing costs would take a toll on vehicle demand.\"Panasonic's warning of soft demand for Tesla's Model S and Model X cars has many concerned that global economic outlook could be in worse-shape than initially believed,\" said Edward Moya, senior market analyst at Oanda.Earlier on Monday, General Motors reached a tentative deal with the United Auto Workers union, following deals by Ford Motor and Chrysler-owner Stellantis, and potentially putting an end to disruptions that some analysts had said could have given Tesla an edge.Since the UAW strike began, Tesla shares have, however, fallen 34% compared with a 30% to 33% decline in shares of Ford Motor (F.N) and General Motors (GM.N), and a 33% rise in Stellantis's shares.Tesla investor Gary Black attributed the weakness in Tesla shares to chipmaker Onsemi's bleak forecast.\"ON sells to automotive players with over 50% share of global EV sales, including 4 of the top 5 China EV makers,\" he said in a post on social media platform X on Monday.Onsemi CEO Hassane El-Khoury said the company's top European clients were working to clear their inventory and noted that the company sees \"increasing risk to automotive demand due to high interest rates.\"Weak demand will mount more pressure on Tesla's gross margin. It contracted to 17.9% between July and September from 25.1% a year earlier due the EV maker's rampant price cuts, which also triggered a price war in key markets such as China.Tesla was trading at about 56 times its 12-month forward earnings estimates, compared with 5.6 times for Ford and General Motors' 4.1, according to LSEG data.","news_type":1,"symbols_score_info":{"TSLA":1.1}},"isVote":1,"tweetType":1,"viewCount":414,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}