BUSINESS/FINANCE NEWS
Setup News Ticker
   BUSINESS/FINANCE NEWS
Searching for 'Buy Inc'. (Return)

Yahoo BusinessMay 25, 2020
Only a Few Hedge Funds Made Money in March and April. Here's How
Tesla Inc. (TSLA) is asking the Chinese government for approval to build model 3 vehicles in the country equipped with lithium iron phosphate (LFP) batteries, Reuters reported.The name of the battery maker wasn't disclosed, according to a document by the Ministry of Industry and Information Technology seen by Reuters.Reuters exclusively reported in February that Tesla is in advanced talks to use LFP batteries from CATL that contain no cobalt - one of the most expensive metals in electric vehicle (EV) batteries - in cars made at its China plant.Tesla did not immediately respond to a request for comment from Reuters.Model 3 vehicles are being built at the U.S. car maker's Shanghai factory. On May 8 Tesla revealed that it secured a 4 billion yuan ($565M) lending line for continued expansion of production at the Gigafactory Shanghai.The company uses EV batteries from Panasonic Corp and LG Chem. CATL has said it would start supplying Tesla from July.Earlier this month figures from the China Passenger Car Association (CPCA) showed that sales of Tesla's Model 3 sedan in China plunged 64% in April vs March. The industry association also said that auto demand was now recovering following the coronavirus outbreak.The value of Tesla shares has more than doubled in the past two months. The stock depreciated 1.3% to $816.88 as of the close on Friday.TipRanks data shows that Wall Street analysts take a more cautious stance on Tesla stock. The Hold consensus rating is based on 9 Sells, 9 Holds, and 8 Buys. Follo
TRENDING TAGS
CoronavirusUpdates Live York latest Trump
ChinaKong Tensions Hong shares amid
Stockfutures Buy market markets China
Securitylaw Hong Kong Social Stocks
COVID-19Drug during gives Brazil week
amidpandemic coronavirus China Hong Kong
stocksEurope Markets recovery Security German
Lufthansabailout Billion Germany German rescue
MemorialDay Trump pandemic coronavirus nation
pandemicamid coronavirus during Trump Memorial

NEWS SOURCES
Top News (Business News)
Accounting Today
AdWeek News
Banking Business Review
Barron's This Week Magazine
Barron's Up and Down Wall Street Daily
Brad Ideas
Chicago Tribune Business News
CNBC Business
CNBC Economy
CNBC Finance
CNN/Money
CNN/Money Real Estate News
Dismal.com: Analysis
Dismal.com: Indicators
Enterprise Application News
Entrepreneur.com
Forbes Headlines
Forbes Social Media News
FT.com - China, Economy & Trade
FT.com - Financial Markets
FT.com - Hedge Funds
FT.com - Telecoms
FT.com - US
Google Business News
Google Market News
HBS Working Knowledge
Inc.com
INSEAD Knowledge
International Tax Review
Kiplinger
Knowledge@Wharton
L.S. Starrett News
MarketWatch
MarketWatch Breaking News
MarketWatch MarketPulse
McKinsey Quarterly
MSNBC.com: Business
Nielsen Trends
NonProfit Times
NPR Topics: Business
NYTimes Business
OpinionJournal.com
Private Equity Breaking News
Reuters Business
Reuters Company News
Reuters Money
SEC.gov Updates: News Digest
SHRM HR News
Tax Policy News
The Economist International News
The Motley Fool
USA Today Money
Wall Street Journal US Business
Wall Street Transcript
Washington Post Business
WSJ Asia
WSJ Europe
WSJ MoneyBeat
WSJ Opinion
WSJ US News
WSJ World Markets
Yahoo Business
  • CEOExpress
  • 1 Boston Place | Suite 2600
    Boston MA 02108
  • 617 482 1200
    617 299 8649 (fax)
  • Contact
  • As an Amazon Associate
    CEOExpress earns from
    qualifying purchases.

©1999-2020 CEOExpress Company LLC