The Digital Source For China's Tech Innovation Since 2000

China Tech Buzz

Global News Impacting Chinese Tech

Tesla stock falls again as Chinese rivals BYD, Xiaomi, and XPeng announce new updates

News Snapshot:

Tesla (TSLA) was under pressure again on Tuesday, falling as much as 3.8% in midday trading as a slew of competitors in China announced updates that again signaled competition on the mainland ramping up for the EV giant. Tuesday's loss follows a 5% drop for Tesla stock to start the week, and shares are now down over 52% from highs reached back in December. NasdaqGS – Nasdaq Real Time Price • USD (TSLA) View Quote Details 228.26 – (-4.10%) As of 1:01:17 PM EDT. Market Open. Advanced Chart What’s driving the news BYD (BYDDY), China’s top automaker, announced a huge…

Other China Tech Buzz: