In June 2026, global electric vehicle (EV) sales increased by 8% year-on-year, reaching a 30% market share. Europe saw a strong 41% growth, while China’s EV sales declined by about 11% but still held a dominant 63% market share. The U.S. market fell roughly 20%, holding 7.67% share. China aims for new energy vehicles (NEVs) to make up 30% of its total car fleet by 2030, requiring the NEV fleet to more than double within five years. Leading EV companies reported significant growth: Geely’s overseas NEV sales surged 585% to 277,189 units in H1 2026, Chery Group’s sales rose 32.3% to 475,238 units, Leapmotor’s July deliveries doubled to 101,267 units, and NIO’s deliveries jumped 71% to 35,934 vehicles. This growth highlights the accelerating global shift toward electric mobility, with strong momentum expected to continue.
A prediction has been made that Tesla will lose its trillion-dollar market capitalization before the year 2027. This suggests a significant shift in investor confidence or market conditions affecting Tesla's valuation. The forecast highlights potenti...
The Direxion Daily TSLA Bull 2X Shares ETF (TSLL) targets twice Tesla's daily stock returns, making it attractive for short-term traders. However, because it resets leverage daily, TSLL often underperforms Tesla over longer periods, especially during...
The ARK Innovation ETF (ARKK) is rated SELL because it carries venture-style risks and its high valuations already price in ambitious growth. Its concentrated portfolio, heavily reliant on a few key holdings like Tesla and Tencent, leads to significa...
Tesla is reportedly preparing to separate its China operations through a spinoff, sale, or closure to ease a potential merger with SpaceX. This move aligns with CEO Elon Musk's prior contingency plans in case of geopolitical tensions involving Taiwan...
Major tech companies like Amazon, Alphabet, Tesla, and Meta are experiencing negative cash flow due to heavy spending on AI infrastructure and a memory chip shortage that is driving up costs. Apple also issued a weaker revenue forecast, citing supply...
