Tesla's sales in South Korea were affected by the lack of EV incentives in January, leading to just one sale in that month. The company expects sales to slow due to increasing competition and consumer reluctance to spend on EVs. Meanwhile, Nissan's profits and sales volume forecast have been negatively impacted by various factors, including a sales slump in China and logistics issues.
Nissan shares tumbled a day after the Japanese automaker trimmed its sales volume forecast, reflecting increasing competition and logistics issues, as well as weakening demand in China Read more: https://t.co/cHRnjqVFP8 https://t.co/Nw9oTDHCMe
Nissan shares tumbled a day after the Japanese automaker trimmed its sales volume forecast, reflecting increasing competition and logistics issues, as well as weakening demand in China https://t.co/wbaGAEQdOW https://t.co/bRWymz8x5C
Nissan saw its shares plunge as much as 11.7% in what could become its biggest selloff since 2001, after the automaker trimmed its sales volume forecast for this financial year and amid worries about its business in China Read more: https://t.co/cHRnjqVFP8 https://t.co/MeaZ1kVYzz
Nissan saw its shares plunge as much as 11.7% in what could become its biggest selloff since 2001, after the automaker trimmed its sales volume forecast for this financial year and amid worries about its business in China https://t.co/wbaGAEQdOW https://t.co/WJH7aTZSFQ
#FPTech: #Tesla sold only one car in #SouthKorea last month, issues with EVs made in #China to blame https://t.co/eZP3luFr1U
Nissan dropped the most since May 2021 after third-quarter profit came in below estimates https://t.co/wmZW0Hgz2H
Nissan shares plummet as Q3 earnings highlight China worries https://t.co/4lYLKW8DSW https://t.co/epdgzh3uUa
The company tried to bolster sales last year by cutting prices on its most popular vehicles, but new arrivals from China and established U.S. brands like Ford further cut into Teslaβs market share. https://t.co/fTWB7swt7W
According to CEO Elon Musk, the firm expects sales to continue to slow this year as competition mounts and consumers are less willing to spend money on EVs. https://t.co/fTWB7swt7W
Tesla sold only one car in entire South Korea last month. Just one. Ford loses $47K on every single EV sold. Yet Cathie loading up on Tesla at 196. This will not end well.
Japan's Nissan Motor revised its retail sales outlook for the current financial year down to 3.55 million vehicles from 3.7 million it had expected previously, after it posted a lower-than-expected 6.4% rise in operating profit in the December quarter https://t.co/p0NgvqBzG7 https://t.co/TYxeezdv2L
Nissan's profits dip amid China sales slump https://t.co/hUBQ8W5An5 https://t.co/NlyeJQVKNY
Nissan posts 6% rise in Q3 profit, missing estimates https://t.co/PTAVR7lZxh https://t.co/DCpV9uRg0p
Nissan's April-Dec. net profit nearly triples to $2.2 billion https://t.co/7VIzTZ5aoU
π¨π³ππͺ« Battery electric vehicle sales sagged 37% in January from the month before, far below expectations. https://t.co/0XiPTCTL5R
'Tesla sold just one electric vehicle in South Korea in January as a raft of headwinds, from safety concerns to price and a lack of charging infrastructure, weigh on demand.' https://t.co/K4ei3km5kt
This is misleading. Tesla had one car sale in South Korea in January 2022, 2023 and now 2024. This is because there are no incentives for EVs in January, which is why people wait until February to buy in the country. https://t.co/wYcJilGusj