China's electric car two strong fight! BYD and Tesla fight, delivery volume in the first quarter increased by 85%
中國電動車兩強廝殺!比亞迪跟特斯拉拚了 首季交車量多85%|非凡財經新聞|20230702
https://m.youtube.com/watch?v=u3L2VBBYwdg
To buy Tesla at its current valuation of $918 billion and expect further upside, an investor has to believe that the company's self-driving technology is close to reaching a truly autonomous threshold that can enable the robotaxi thesis commonly echoed by Ark Invest's Cathie Wood.
Colas estimated that about $600 billion to $700 billion of Tesla's current market value is "a call option on autonomous driving."
Elon Musk said Tesla will have to keep lowering the prices of its electric vehicles if interest rates continue to rise.
While Tesla remains on track to produce around 1.8 million vehicles in 2023, output will dip this quarter due to factory upgrades.
The carmaker’s profit, excluding some items, came to 91 cents a share, more than the 81 cents that analysts estimated.
Revenue rose 47% to $24.9 billion, better than the consensus expectation for $24.5 billion.
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