Tesla's stock has seen an uptick, attributed to strong performance in China, with shares rising by 2.2% after reports that the company is set to launch a revamped Model Y from its China plant. Tesla China has been performing exceptionally, with 18,500 insurance registrations in the fourth week of December, marking an increase of nearly 38% year-over-year. This was the second best week of the year and the third best ever. Despite facing greater competition from native auto manufacturers in China, Tesla's sales, particularly of the Model Y, have been robust this quarter. The company is expected to post another record quarter for electric vehicle deliveries, although it is likely to fall short of CEO Elon Musk's ambitious internal target of 2 million annual deliveries. Meanwhile, Tesla's competition is intensifying, with NIO's share price climbing by 15% in Hong Kong and a report suggesting that Tesla may not remain the world's most popular EV-maker for much longer. Other EV stocks have also been moving higher, with NIO finishing up 10.8% to $9.33. In the broader tech sector, Intel has been highlighted as the best performer in the S&P 500, with a significant investment of $25 billion to expand its wafer fabrication facility in Israel.
⚠️JUST IN: *WEDBUSH REITERATES 'OUTPERFORM' RATING AHEAD OF TESLA'S 4Q DELIVERY REPORT DO YOU AGREE? $TSLA https://t.co/yjCcFTZsxO
Tesla isn't going to be the world's most popular EV-maker for much longer. Read The Big Take ⬇️ https://t.co/Wze8Nrt7jN
$INTC - "Best performer in the S&P 500 yesterday - company spending $25B to expand wafer fab in Israel. Shares are at a nearly historic level of overbought as indicated by RSI." Bryan McCormick breaking down the charts in #UOA Elite. Join the Rebellion: https://t.co/a4MYx6YuWz https://t.co/QD0D1If7dc
〽️ TESLA SHARES UP 2.2% **AFTER REPORT CO TO LAUNCH REVAMPED MODEL Y FROM CHINA PLANT $TSLA
$TSLA 🔸 TESLA SHARES UP 2.2% AFTER REPORT CO TO LAUNCH REVAMPED MODEL Y FROM CHINA PLANT
Tesla set for record deliveries, but falls short of Musk's ambitious goal https://t.co/rnvCOfEQqz https://t.co/5rGJcZcbIa
$INTC - "Best performer in the S&P 500 yesterday - company spending $25B to expand wafer fab in Israel. Shares are at a nearly historic level of overbought as indicated by RSI." Brian McCormick breaking down the charts in #UOA Elite. Join the Rebellion: https://t.co/a4MYx6YuWz https://t.co/Qimce1NrEb
Tesla deliveries to hit record, but fall short of Musk's aspirations https://t.co/8hGTwsFm9D https://t.co/A0kW94cNDa
$TSLA (+0.4% pre) Chinese Carmaker Overtakes Tesla as World’s Most Popular EV Maker https://t.co/ibcYlh7vgr
$TSLA (+0.4% pre) Tesla deliveries to hit record, but fall short of Musk's aspirations https://t.co/rdbGAWYlSg
Tesla is expected to post another record quarter for electric vehicle deliveries, likely shy of an ambitious 2 million annual internal target that CEO Elon Musk touted at the beginning of the year https://t.co/1C613OO43s
$TSLA Tesla Stock: Record Q4 China Deliveries on the Way? This Top Analyst Thinks So https://t.co/UkyruLgLx0
$TSLA | Elon Musk's Tesla Prepares For Major Model Y Overhaul In China Amid Rising Competition From Warren Buffett-Backed BYD And Xpeng https://t.co/K5NT8tSdQt
Intel $INTC is set to record its best quarter in more than 20 years. Shares are up 38.3% in Q4, its best quarterly return since Q3 2003.
NIO'S SHARE PRICE CLIMBS BY 15% IN HONG KONG. $NIO #NIO https://t.co/s2SoQjks4z
NEW: Tesla isn't going to be the world's most popular EV-maker for much longer. Read The Big Take ⬇️ https://t.co/dpzDL6XlSg
With the last week of December now here we believe Tesla is tracking slightly ahead of the 480k delivery unit bogey for 4Q based on strong data out of the key China region that gives us incremental confidence in our bullish call into 2024 🐂. Next growth frontier underway 🔥🍿
Tesla isn't going to be the world's most popular EV maker for much longer https://t.co/m1fejEX2ge
Tesla isn't going to be the world's most popular EV maker for much longer https://t.co/nPNTlLo4nN via @business
$AMD finishes +2.73% to $143.41
$NIO finishes +10.8% to $9.33
$INTC finishes +5.2% to $50.50
$NVDA finishes +0.92% to $492.79
$TSLA finishes +1.61% to $256.61
To summarize a point I made on @ValueAnalyst1 Space this afternoon on Model 3 sales in China. We have seen strong China sales this quarter but the majority of those sales as a % of total have come from Model Y. Some have found this surprising given the new 3 Highland refresh.… https://t.co/yGuJmTMZ7Z
EV stocks moving higher today: $NIO +9% $TSLA +2% $RIVN +2.6% $CHPT +2.4%
Tesla Stock Is Up Thanks to China. It’s Typically a Volatile Day for the Stock. https://t.co/djMkuGZkrn
Most actively traded stocks so far today (volume): 1. $NIO 2. $TSLA 3. $MARA 4. $INTC 5. $AMD 6. $RIVN 7. $RIOT 8. $PLUG 9. $PLTR 10. $CLSK Note: small caps excluded
Tesla's perfect week $TSLA ⚡ Since the company IPO'd in 2010, Tesla has a 100% win rate next week! Something to keep in mind. 👀 https://t.co/J4xVcAw8Ua
BREAKING: Tesla China sees 18,500 insurance registrations for December's 4th week https://t.co/ZuUoGL5V2d
One of the first things I bookmarked and will continue posting as time goes. Tesla sales in China continue to grow despite *far* greater EV competition from native auto manufacturers than they face anywhere else worldwide. https://t.co/VdJBXv8t8Y https://t.co/20pwrkZkva
BREAKING: 18,500 Teslas were insured in China last week, up nearly 38% YoY. This result was the second best week of the year, and the third best week ever. These results were above expectations. Tesla China is killing it. https://t.co/R6EceXbOFK
Have to admit, impressive sales numbers for Tesla in second to last week of this EOY quarter in China. https://t.co/c5nDZXumuf
Tesla China sells 18500 units a week