Tesla China is offering a $1,120 cash discount on inventory Model Ys for a limited time and a 2.5% time-limited low interest rate. Volvo Car will no longer extend funding to loss-making EV-maker Polestar and may distribute shares to other shareholders to focus on Volvo’s own ambitions. Swedish automaker Volvo Cars will stop providing funding to Polestar as it reported a slightly bigger than expected rise in fourth-quarter operating earnings. Volvo announced it will stop funding Polestar and hand responsibility for the luxury car brand over to Volvo's top shareholder China's Geely, due to disappointing results. Volvo Car said it won’t provide further funding to Polestar, the electric-car maker it created with Volvo’s Chinese owner Geely. Tesla has dropped Model Y prices in Canada by up to 6.9% (or $4k CAD). Giga Berlin built 6,000 Model Ys in one week, a new record high.
NEWS: Some Tesla showrooms in the US are starting to let people explore the interior of the Cybertruck. https://t.co/R6ZafbCAYb https://t.co/5bYaeVDhOr
Volvo stops funding Polestar electric sports car brand amid cooling EV market https://t.co/RcgamRlFr8 https://t.co/8Pjm50Mkf1
NEWS: @Tesla has announced that Giga Berlin built 6,000 Model Ys in one week, a new record high. https://t.co/wDaYRoydjo
Volvo breaks up with Polestar and sees its shares soar $PSNY https://t.co/xStmTKkvvY
NEWS: Tesla has dropped Model Y prices in Canada by up to 6.9% (or $4k CAD). New starting prices: • Model Y RWD: $54k CAD (from $58k CAD) • Model Y LR: $64K CAD (from $68k CAD) • Model Y Performance: No change https://t.co/20TSMLNKue
BREAKING: "Volvo Car said it won’t provide further funding to Polestar, the electric-car maker it created with Volvo’s Chinese owner Geely—the latest EV retrenchment by the global auto industry." https://t.co/jn6QVC5Gnc
News: The first IPO trying to ride the generative AI wave is nearly here. @AsteraLabs https://t.co/xzmyXtyzdW @coryweinberg @anissagardizy8 https://t.co/Gdqhg17y05
Volvo will no longer fund Polestar and will transfer responsibility to Geely. Volvo shares are up 30% and $PSNY down 12% on the news. https://t.co/70fr1YIUtq
NEWS: Volvo announced today it will stop funding Polestar and is handing responsibility for the luxury car brand over to Volvo's top shareholder China's Geely, due to disappointing results. https://t.co/LhhsyRrRbB
NEWS: Model 3 & Y configurator now live in Chile, becoming first area in South America to have it. https://t.co/YKlT2nCZ1T
Always a pleasure to chat with @NPetallides on @SchwabNetwork (in person, for once). Topic: 2024 will be the year that winners in the AI economy learn to capitalize on AI implementations: @nvidia, @AMD, @intel, @Qualcomm, @AWS, @Microsoft, @Google, @Tesla https://t.co/YljvUcqTjY
$PSNY Volvo stops funding Polestar: Volvo $VLVLY stock soared over 20% after announcing the cessation of funding for subsidiary Polestar Automotive and reporting a 10% YoY Q4 sales increase to $14.16B. $TSLA to the moon https://t.co/mjQVVS9mG1
Volvo Cars to stop funding Polestar electric sports car business https://t.co/YmnthJd5gO
Volvo Car will no longer extend funding to loss-making EV-maker Polestar and may distribute shares to other shareholders to focus on Volvo’s own ambitions https://t.co/oq8bbqCWG2
⚠️ AUTOMAKER VOLVO CARS TO STOP FUNDING POLESTAR, QUARTERLY EARNINGS ABOVE ESTIMATES (Reuters) Swedish automaker Volvo Cars said on Thursday it would stop providing funding to Polestar as it reported a slightly bigger than expected rise in fourth-quarter operating earnings.… https://t.co/CXUymUHVfg
NEWS: Tesla China is offering a $1,120 cash discount on inventory Model Ys for limited time. They are also offering a 2.5% time-limited low interest rate: "Order any model of Model 3/Y/S/X before the end of March and deliver it, and the annual rate can be as low as 2.5%" https://t.co/552ntsimkK