On November 7, 36kr reported that Nio (NYSE: NIO) provided its supply chain with a 2024 sales forecast of more than 230,000 units, Xpeng (NYSE: XPEV) of more than 280,000 units and Li Auto of more than 800,000 units. Li Auto only 500,000 units??? How about Xpev??
Another anyhow analyst 🤦🏻♂️ Plenty of free time, nothing better to do
Stock Track | XPeng Plunges 5.14% in Pre-Market on Barclays Sell Rating and $7 Price Target
XPeng Inc. shares plunged 5.14% in the pre-market trading session on Thursday as the electric vehicle maker faced bearish sentiment from analysts.Barclays analyst Jiong Shao maintained a Sell rating on XPEV and set a price target of $7, which is significantly below the stock's current trading price. The analyst's bearish view and low price target likely contributed to the pre-market selloff in XPeng's shares.
Three Tesla insiders have adopted trading plans that are set to sell $300 million of stock, based on a recent market price.Tesla Chair Robyn Denholm and directors Kathleen Wilson-Thompson and Kimbal M
NIO remains unprofitable, burning cash, and facing rising geopolitical risks, making it hard to achieve a turnaround without outside financing.Despite rising revenues and vehicle deliveries, NIO's profitability is unlikely before 2027.Geopolitical issues and industry price wars hinder NIO's expansion in the U.S. and Europe, further complicating its path to profitability.NIO's recent stock rebound is driven by external factors like China's new stimulus package, but long-term prospects remain grim.
More interested Which agent gets the big fat comm? $2-3million
Singapore Mansion on Sale for Record $236 Million, BT Reports
A luxury mansion in Singapore’s most exclusive neighborhood is being put on the market for S$308 million , according to the Business Times.If met, the asking price for the so-called “good class bungalow” at Nassim Road would make it the biggest transaction in absolute price for such assets, the report said.The property, with a total land area of more than 58,000 square feet, is owned by Hong Fok Corp. Ltd. joint chief executive Cheong Pin Chuan and his wife. It was previously up for sale at a pr