EV maker Rivian's quarterly deliveries miss expectations, shares tank

[andhrabullet]

Rivian Automotive (RIVN.O) missed market estimates for fourth-quarter deliveries as tough competition and high interest rates weighed on demand for its electric vehicles, sending the company's shares down nearly 10% on Tuesday.

[kevinUsa]

4 minutes ago, andhrabullet said:

Rivian Automotive (RIVN.O) missed market estimates for fourth-quarter deliveries as tough competition and high interest rates weighed on demand for its electric vehicles, sending the company's shares down nearly 10% on Tuesday.

Inka unda ee company 

[Anta Assamey]

5 minutes ago, kevinUsa said:

Inka unda ee company 

Amazon backed company kada untundi...

[shaktimaan]

1 hour ago, kevinUsa said:

Inka unda ee company 

in my area every Amazon delivery truck is Rivian 

[Spartan]

on the other hand... Honk Kong based electric car maker BYD, beats Tesla again second year ina row by producing 3 Million (half hybrid, half electric) cars in 2023

 

BEIJING — BYD produced more than 3 million new energy vehicles in 2023, surpassing Tesla

’s production for a second straight year.

Tesla said Tuesday it produced 1.84 million cars in 2023. Most of BYD’s cars sell in a lower price range than Tesla’s, and come in hybrid versions in addition to battery-only powered cars.

While total production surpassed Tesla, BYD manufactured 1.6 million battery-only passenger cars and 1.4 million hybrids, putting Tesla on top for battery-only production.

Elon Musk’s automaker only sells purely battery-powered cars. China accounted for about one-fifth of Tesla’s sales in the quarter ended Sept. 30.

BYD shares fell by more than 2% in Hong Kong trading Tuesday morning.

[sarfaroshi2]

2 hours ago, shaktimaan said:

in my area every Amazon delivery truck is Rivian 

Yaa every amazon truck now is Rivian….

passenger vehicles kuda konte…shares will go up.

[summer27]

AT&T also recently made deal with Rivian..

[summer27]

9 hours ago, Spartan said:

on the other hand... Honk Kong based electric car maker BYD, beats Tesla again second year ina row by producing 3 Million (half hybrid, half electric) cars in 2023

 

BEIJING — BYD produced more than 3 million new energy vehicles in 2023, surpassing Tesla

’s production for a second straight year.

Tesla said Tuesday it produced 1.84 million cars in 2023. Most of BYD’s cars sell in a lower price range than Tesla’s, and come in hybrid versions in addition to battery-only powered cars.

While total production surpassed Tesla, BYD manufactured 1.6 million battery-only passenger cars and 1.4 million hybrids, putting Tesla on top for battery-only production.

Elon Musk’s automaker only sells purely battery-powered cars. China accounted for about one-fifth of Tesla’s sales in the quarter ended Sept. 30.

BYD shares fell by more than 2% in Hong Kong trading Tuesday morning.

anna BYD stocks late last year lo enduku padipoyayi? almost 40% down ayindi gaa..

[kittaya]

9 hours ago, Spartan said:

on the other hand... Honk Kong based electric car maker BYD, beats Tesla again second year ina row by producing 3 Million (half hybrid, half electric) cars in 2023

 

BEIJING — BYD produced more than 3 million new energy vehicles in 2023, surpassing Tesla

’s production for a second straight year.

Tesla said Tuesday it produced 1.84 million cars in 2023. Most of BYD’s cars sell in a lower price range than Tesla’s, and come in hybrid versions in addition to battery-only powered cars.

While total production surpassed Tesla, BYD manufactured 1.6 million battery-only passenger cars and 1.4 million hybrids, putting Tesla on top for battery-only production.

Elon Musk’s automaker only sells purely battery-powered cars. China accounted for about one-fifth of Tesla’s sales in the quarter ended Sept. 30.

BYD shares fell by more than 2% in Hong Kong trading Tuesday morning.

China they make cars keep them in sheds .. and show wrong numbers... Even Chinese want to buy foreign cars not Chinese ....

 

Chinese and Indians same mindset ..

[Salividi_]

Bangalore gattiggane vunnayi ee BYD cars

[AverageDesiGuy]

15 hours ago, kevinUsa said:

Inka unda ee company 

Still holding Anna 🫣