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domestic Chinese automakersTheStreet
•82% Informative
Tesla 's involvement is due to the outsized role of Tesla Shanghai , the Chinese operations of the namesake automaker.
On Tuesday , August 20 , the European Commission said it plans to enforce a 9% tariff on Teslas imported from China .
Chinese EV automaker XPeng reported second-quarter 2024 losses and revenue that missed analyst's expectations.
XPeng is a special outlier compared to the rest of the Chinese automotive sector, with its stock suffering a 52% price drop.
Ford has announced a plan to shift its strategy regarding electrification.
The Blue Oval is prioritizing products that can eventually make the automaker money.
In Q2 2024 , Ford 's Model-e division reported an EBIT loss of $1.1 billion .
Analysts say this partnership could open a new door for both Uber and autonomous vehicle companies.
VR Score
86
Informative language
86
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41
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English
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53
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Time-value
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13
Source diversity
1
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