The electric vehicle market is becoming increasingly crowded, and Tesla's Cybertruck has also started to offer discounts.
① Starting this week, Tesla will offer discounts on the Cybertruck, with savings of up to approximately 2,600 USD; ② Although this model became the fifth best-selling electric vehicle in the USA in 2024, its high price and frequent recalls have hindered growth; ③ The delivery volume of the Cybertruck in the fourth quarter may only be between 9,000 and 12,000 units, far from the official target of "over 1 million units."
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Industry giant Vanguard discusses the AI investment boom: do not simply chase after technology giants, diversified allocation is always in style.
The Vanguard Group warns against blindly increasing shareholding in technology stocks just to capitalize on the AI investment frenzy.
Express News | Insiders: The detailed rules for new purchase subsidies in the Autos sector and others are expected to be announced tomorrow.
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Dongxing Securities: The scope of trade-in exchanges has expanded, and the trend of hybrid models continues.
Despite the slowdown in the export of pure electric vehicles, the export of plug-in hybrid vehicles is showing strong growth. Looking ahead to 2025, with the expanded coverage of subsidy policies, the auto market is expected to remain stable.
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Tesla Is Offering Cybertruck Discounts as EV Market Gets Crowded
According to reports, Tesla (TSLA.US) plans to suspend some production lines in Shanghai for about three weeks during the Lunar New Year.
"Bloomberg" cited sources reporting that Tesla (TSLA.US) plans to suspend part of its production lines in Shanghai for about three weeks during the Lunar New Year to optimize equipment for more efficient production of the new Model Y. Orders for the new version of Model Y began last week, with deliveries expected to start in March. It is reported that the affected Model Y production lines will be shut down from January 22 to February 14, while another workshop producing Model 3 will also close from January 26 to February 3.
Express News | USA financial media Semafor: USA elected president Trump and Tesla CEO Elon Musk dined with Microsoft CEO at Mar-a-Lago.
Trump's tariff plan harms both others and oneself! The governor of Michigan warns: This move will hurt the USA automotive industry.
① The governor of Michigan warned that Trump's tariffs on Mexico could harm the USA Autos industry, raise USA Autos prices, and hurt job opportunities. ② Trump has stated that if illegal immigration and fentanyl trafficking do not stop, he will impose a 25% tax on Canada and Mexico; Whitmer pointed out that the cost of the tax will ultimately be passed on to the Consumer.
The three giants of the Federal Reserve have spoken: confidence is high as inflation slows down, and an economic soft landing is in sight!
Federal Reserve officials welcomed the lower-than-expected increase in the December Consumer Price Index, believing it indicates that inflation is likely to continue declining.
Cailian Press Autos Morning Report [January 16]
① The Ministry of Commerce: This week, detailed implementation rules for new purchase subsidies for mobile phones and other digital products will be issued successively; ② Guangdong: The production of New energy Fund vehicles will grow by 43% in 2024, accounting for a quarter of the national total; ③ Chongqing Changan Automobile: It will enter the Europe market in 2025;
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Top 20 by transaction volume | Bitcoin once broke the $0.1 million mark, MSTR rose over 5%; Tesla surged over 8%, leading gains in U.S. Technology stocks.
Tesla ranked first with an increase of 8.04%, trading at 33.938 billion dollars; NVIDIA ranked second with an increase of 3.4%, trading at 24.898 billion dollars; MSTR ranked sixth with an increase of 5.39%, as Bitcoin briefly returned to the 0.1 million dollar mark.
U.S. stock market closing | All three major Indexes rose over 1.5%; Quantum Computing concept stocks surged again, with QUBT skyrocketing 55%; major banks posted strong results, with Goldman Sachs, Citigroup, and Wells Fargo & Co all rising over 6%.
① In December, the USA's core CPI unexpectedly slowed down; ② Major Banks reported strong performance, kicking off the Q4 Earnings Reports season with a "good start"; ③ The three main Indexes all rose more than 1.5%; ④ Technology stocks collectively increased, with Tesla soaring 8%.
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