Catenaa, Tuesday, March 18, 2025- The shares of Chinese electric vehicle maker BYD jumped to a record on Tuesday, passing the $162 billion market value, after the company unveiled a line-up of electric vehicles that can charge in five minutes. BYD’s stock climbed as much as 4.36% by 3,30 in the afternoon in Hong Kong, […]
Catenaa, Tuesday, March 04, 2025– Significant portion of China’s leading electric vehicle maker BYD $ 5.6 billion stock offering has been grabbed by long term investors, Bloomberg reported on Tuesday, displaying confidence in the company. Quoting people familiar with the matter, the report said “Long-only” funds alone received at least $1.5 billion worth of shares in […]
Catenaa, Wednesday, February 26, 2025- Tesla lost its $1 trillion market cap on Tuesday, as news of its vehicle sales falling 45% in January pushed its stock prices down 8%. European Automobile Manufacturers’ Association said Tesla sold 9,945 vehicles in Europe in January, a 45% fall from the same period one year ago, as Tesla’s share of […]