Chinese EV makers Nio, Li, XPeng boast strong deliveries
How do US tariffs impact Chinese EV makers?
The US tariffs on Chinese EVs have a significant impact on Chinese EV makers. The tariffs make it more expensive for Chinese EV manufacturers to sell their products in the US market, affecting their competitiveness against American-made EVs. This can lead to reduced sales and revenue for Chinese EV companies. Additionally, the tariffs may push Chinese EV makers to focus on other markets, such as Europe, where they face lower trade barriers.
Are Tesla's earnings scheduled for next month?
Tesla's earnings publication date has not been formally confirmed by the company. However, based on prior year's report dates, the estimated earnings date is Wednesday, July 17th, 2024. Tesla last released its earnings data on April 23rd, 2024, reporting $0.35 earnings per share for the quarter, hitting the consensus estimate of $0.35.
How might Elon Musk's comments affect Tesla's stock?
Elon Musk's comments can significantly impact Tesla's stock, as seen in past instances where his tweets have caused the stock price to fluctuate. His statements and social media activity can influence investor sentiment and perception of the company, leading to potential changes in the stock's valuation. However, it is essential to consider other factors affecting the stock price, such as the company's performance and market conditions.