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2024-12-27

Money is moving from Tesla to Quantum computing stocks now.

Tesla Stock Falls Nearly 3%. Why Shares Are Limping Into Year End

Tesla stock slid on Friday ahead of the auto maker's fourth-quarter delivery announcement.Shares of the electric vehicle-maker fell 2.92% to $440.88, extending losses from a day prior, when the stock

Tesla Stock Falls Nearly 3%. Why Shares Are Limping Into Year End

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Why Shares Are Limping Into Year End","url":"https://stock-news.laohu8.com/highlight/detail?id=1168317030","media":"Dow Jones","summary":"Tesla stock slid on Friday ahead of the auto maker's fourth-quarter delivery announcement.Shares of the electric vehicle-maker fell 2.92% to $440.88, extending losses from a day prior, when the stock ","content":"<html><head></head><body><p>Tesla stock slid on Friday ahead of the auto maker&#39;s fourth-quarter delivery announcement.</p><p>Shares of the electric vehicle-maker fell 2.92% to $440.88, extending losses from a day prior, when the stock fell 1.8%.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/91c1b3ce14369ccc8ed89c5ecd32192b\" tg-width=\"750\" tg-height=\"621\"/></p><p>One reason might be Tesla is set to report fourth-quarter deliveries next week, with analysts anticipating around 510,000 units, but that&#39;s slightly shy of the company&#39;s 515,000 target. The auto maker delivered 462,890 vehicles in the third quarter, up 6% from a year prior -- and while this number topped consensus estimates, it triggered a slide in the stock as it failed to beat lofty expectations.</p><p>Also on Friday, one of Tesla&#39;s battery suppliers unveiled plans for a secondary listing in Hong Kong. Contemporary Amperex Technology is seeking a listing on the main board of the Hong Kong stock exchange, according to documents filed with the Shenzhen Stock Exchange.</p><p>While the proposal has earned the approval of CATL&#39;s board, the company awaits the blessing of regulators including the China Securities Regulatory Commission. CATL is not just a Tesla partner, but the largest EV battery maker in the world.</p><p>The news comes as U.S. auto makers grapple with intense competition in the Chinese EV market. General Motors, for one, has seen a steady decline in sales since 2017 as Chinese companies like BYD and Nio snapped up more market share.</p><p>Tesla continues to perform well, with Tesla China reporting 21,900 EVs sold during the first week of December, the highest weekly sales for the fourth quarter of 2024. Shares of the company have gained nearly 83% this year.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla Stock Falls Nearly 3%. 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Why Shares Are Limping Into Year End\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2024-12-27 22:45</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Tesla stock slid on Friday ahead of the auto maker&#39;s fourth-quarter delivery announcement.</p><p>Shares of the electric vehicle-maker fell 2.92% to $440.88, extending losses from a day prior, when the stock fell 1.8%.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/91c1b3ce14369ccc8ed89c5ecd32192b\" tg-width=\"750\" tg-height=\"621\"/></p><p>One reason might be Tesla is set to report fourth-quarter deliveries next week, with analysts anticipating around 510,000 units, but that&#39;s slightly shy of the company&#39;s 515,000 target. The auto maker delivered 462,890 vehicles in the third quarter, up 6% from a year prior -- and while this number topped consensus estimates, it triggered a slide in the stock as it failed to beat lofty expectations.</p><p>Also on Friday, one of Tesla&#39;s battery suppliers unveiled plans for a secondary listing in Hong Kong. Contemporary Amperex Technology is seeking a listing on the main board of the Hong Kong stock exchange, according to documents filed with the Shenzhen Stock Exchange.</p><p>While the proposal has earned the approval of CATL&#39;s board, the company awaits the blessing of regulators including the China Securities Regulatory Commission. CATL is not just a Tesla partner, but the largest EV battery maker in the world.</p><p>The news comes as U.S. auto makers grapple with intense competition in the Chinese EV market. General Motors, for one, has seen a steady decline in sales since 2017 as Chinese companies like BYD and Nio snapped up more market share.</p><p>Tesla continues to perform well, with Tesla China reporting 21,900 EVs sold during the first week of December, the highest weekly sales for the fourth quarter of 2024. Shares of the company have gained nearly 83% this year.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1168317030","content_text":"Tesla stock slid on Friday ahead of the auto maker's fourth-quarter delivery announcement.Shares of the electric vehicle-maker fell 2.92% to $440.88, extending losses from a day prior, when the stock fell 1.8%.One reason might be Tesla is set to report fourth-quarter deliveries next week, with analysts anticipating around 510,000 units, but that's slightly shy of the company's 515,000 target. The auto maker delivered 462,890 vehicles in the third quarter, up 6% from a year prior -- and while this number topped consensus estimates, it triggered a slide in the stock as it failed to beat lofty expectations.Also on Friday, one of Tesla's battery suppliers unveiled plans for a secondary listing in Hong Kong. Contemporary Amperex Technology is seeking a listing on the main board of the Hong Kong stock exchange, according to documents filed with the Shenzhen Stock Exchange.While the proposal has earned the approval of CATL's board, the company awaits the blessing of regulators including the China Securities Regulatory Commission. CATL is not just a Tesla partner, but the largest EV battery maker in the world.The news comes as U.S. auto makers grapple with intense competition in the Chinese EV market. General Motors, for one, has seen a steady decline in sales since 2017 as Chinese companies like BYD and Nio snapped up more market share.Tesla continues to perform well, with Tesla China reporting 21,900 EVs sold during the first week of December, the highest weekly sales for the fourth quarter of 2024. Shares of the company have gained nearly 83% this year.","news_type":1},"isVote":1,"tweetType":1,"viewCount":214,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":50,"xxTargetLangEnum":"ORIG"},"commentList":[],"hasMoreComment":false,"orderType":2}