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- WSBWSB
  ·2021-08-05
  Yessss
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- WSBWSB
  ·2021-08-03
  Yea! Wow
  KKR Crushes Fundraising Record With $59 Billion Quarterly Haul
  (Bloomberg) -- KKR & Co LP. gathered a record amount of money in the second quarter, helping the alt
  KKR Crushes Fundraising Record With $59 Billion Quarterly Haul
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- WSBWSB
  ·2021-08-03
  Wow $HOOD
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- WSBWSB
  ·2021-08-02
  Nice!
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- WSBWSB
  ·2021-07-26
  Nice
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- WSBWSB
  ·2021-07-20
  Great!
  Tesla, Local Rivals Nio, Xpeng, Li Growing Together, Not Cutting Each Other's Market Share, Say Analysts
  Tesla Inc and local electric vehicle rivals such asNio Inc are growing the electric vehicle segment together in China and not eating into each other's market share, Zhongtai Securities analysts said, asreported by cnEVpost.What Happened:Chinese electric vehicle makers such as Nio,Xpeng Inc,Li Auto Inc andBYD Co along with Teslareported robust delivery numbersin June.Tesla has stepped up the competition in Chinaafter introducinga lower-priced Model Y variant. The strategy has paid off as the Elon
  Tesla, Local Rivals Nio, Xpeng, Li Growing Together, Not Cutting Each Other's Market Share, Say Analysts
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- WSBWSB
  ·2021-07-14
  Nice
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Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/807376089","repostId":"2156123106","repostType":4,"repost":{"id":"2156123106","kind":"news","pubTimestamp":1628001497,"share":"https://www.laohu8.com/m/news/2156123106?lang=&edition=full","pubTime":"2021-08-03 22:38","market":"us","language":"en","title":"KKR Crushes Fundraising Record With $59 Billion Quarterly Haul","url":"https://stock-news.laohu8.com/highlight/detail?id=2156123106","media":"Bloomberg","summary":"(Bloomberg) -- KKR & Co LP. gathered a record amount of money in the second quarter, helping the alt","content":"<p>(Bloomberg) -- <b><a href=\"https://laohu8.com/S/KKR\">KKR &amp; Co LP</a></b>. gathered a record amount of money in the second quarter, helping the alternative asset manager inch closer to its capital-raising target as demand surges among yield-hungry investors.</p>\n<p>The firm raked in about $59 billion in the three months ended June 30, driven largely by the initial closings of the latest North America buyout fund, global infrastructure fund and core private equity fund, <a href=\"https://laohu8.com/S/NWY\">New York</a>-based KKR said in a statement Tuesday. The haul exceeded the record of $44 billion raised for all of last year and blew past its previous quarterly peak of $16.4 billion in the second quarter of 2020.</p>\n<p>“This was an exceptional quarter for KKR,” Co-Chief Executive Officers Henry Kravis and George Roberts said in the statement. “Momentum across the firm remains high.”</p>\n<p>The influx of cash brings the firm’s fundraising tally for the first half to roughly $73 billion, putting it well on its way to reaching its goal of collecting more than $100 billion by 2022.</p>\n<p>The inflows helped lift assets under management to $429 billion, up 93% from a year earlier. The asset growth this year has also been driven by KKR’s acquisition of retirement and life insurance provider Global Atlantic Financial Group, which closed in February. The firm’s perpetual capital, or long-term money, has seen an uptick as a result, rising to $130 billion in the quarter, according to the statement.</p>\n<p>KKR has been <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the world’s most acquisitive buyout firms throughout the pandemic. It deployed $19 billion in capital in the three-month period, expanding on last year’s momentum as the firm concentrates on investing in big themes such as technology-related bets and has been active across strategies, including real estate, private equity, infrastructure and direct lending.</p>\n<p>Among the second-quarter highlights:</p>\n<p>Distributable earnings of $1.05 a share set another record in the period. That’s higher than the average estimate of analysts surveyed by Bloomberg.The opportunistic real estate portfolio was up 10% before fees and the private equity portfolio gained 9%.Fee-paying assets rose nearly 11% from the first quarter to $319 billion.KKR had dry powder of $112 billion, up 62% from the quarter prior.</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>KKR Crushes Fundraising Record With $59 Billion Quarterly Haul</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nKKR Crushes Fundraising Record With $59 Billion Quarterly Haul\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-03 22:38 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/kkr-crushes-fundraising-record-59-105117384.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- KKR & Co LP. gathered a record amount of money in the second quarter, helping the alternative asset manager inch closer to its capital-raising target as demand surges among yield-hungry...</p>\n\n<a href=\"https://finance.yahoo.com/news/kkr-crushes-fundraising-record-59-105117384.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/ce3cab4fdbc48d623d1b7197461b7f16","relate_stocks":{"KKR":"KKR & Co L.P."},"source_url":"https://finance.yahoo.com/news/kkr-crushes-fundraising-record-59-105117384.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2156123106","content_text":"(Bloomberg) -- KKR & Co LP. gathered a record amount of money in the second quarter, helping the alternative asset manager inch closer to its capital-raising target as demand surges among yield-hungry investors.\nThe firm raked in about $59 billion in the three months ended June 30, driven largely by the initial closings of the latest North America buyout fund, global infrastructure fund and core private equity fund, New York-based KKR said in a statement Tuesday. The haul exceeded the record of $44 billion raised for all of last year and blew past its previous quarterly peak of $16.4 billion in the second quarter of 2020.\n“This was an exceptional quarter for KKR,” Co-Chief Executive Officers Henry Kravis and George Roberts said in the statement. “Momentum across the firm remains high.”\nThe influx of cash brings the firm’s fundraising tally for the first half to roughly $73 billion, putting it well on its way to reaching its goal of collecting more than $100 billion by 2022.\nThe inflows helped lift assets under management to $429 billion, up 93% from a year earlier. The asset growth this year has also been driven by KKR’s acquisition of retirement and life insurance provider Global Atlantic Financial Group, which closed in February. The firm’s perpetual capital, or long-term money, has seen an uptick as a result, rising to $130 billion in the quarter, according to the statement.\nKKR has been one of the world’s most acquisitive buyout firms throughout the pandemic. It deployed $19 billion in capital in the three-month period, expanding on last year’s momentum as the firm concentrates on investing in big themes such as technology-related bets and has been active across strategies, including real estate, private equity, infrastructure and direct lending.\nAmong the second-quarter highlights:\nDistributable earnings of $1.05 a share set another record in the period. That’s higher than the average estimate of analysts surveyed by Bloomberg.The opportunistic real estate portfolio was up 10% before fees and the private equity portfolio gained 9%.Fee-paying assets rose nearly 11% from the first quarter to $319 billion.KKR had dry powder of $112 billion, up 62% from the quarter prior.","news_type":1},"isVote":1,"tweetType":1,"viewCount":825,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":807378091,"gmtCreate":1628002992713,"gmtModify":1633754463776,"author":{"id":"3573638972774551","authorId":"3573638972774551","name":"WSB","avatar":"https://static.tigerbbs.com/9f133b40556cbaf1647fa58f09c40a11","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573638972774551","authorIdStr":"3573638972774551"},"themes":[],"htmlText":"Wow $HOOD","listText":"Wow $HOOD","text":"Wow $HOOD","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/807378091","repostId":"1136280710","repostType":4,"isVote":1,"tweetType":1,"viewCount":577,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":804967098,"gmtCreate":1627916929114,"gmtModify":1633755272486,"author":{"id":"3573638972774551","authorId":"3573638972774551","name":"WSB","avatar":"https://static.tigerbbs.com/9f133b40556cbaf1647fa58f09c40a11","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573638972774551","authorIdStr":"3573638972774551"},"themes":[],"htmlText":"Nice!","listText":"Nice!","text":"Nice!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/804967098","repostId":"1172320411","repostType":4,"isVote":1,"tweetType":1,"viewCount":293,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":800469009,"gmtCreate":1627312677901,"gmtModify":1633766212027,"author":{"id":"3573638972774551","authorId":"3573638972774551","name":"WSB","avatar":"https://static.tigerbbs.com/9f133b40556cbaf1647fa58f09c40a11","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573638972774551","authorIdStr":"3573638972774551"},"themes":[],"htmlText":"Nice&nbsp;","listText":"Nice&nbsp;","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/800469009","repostId":"2154957883","repostType":4,"isVote":1,"tweetType":1,"viewCount":729,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":178366786,"gmtCreate":1626788687245,"gmtModify":1633771035994,"author":{"id":"3573638972774551","authorId":"3573638972774551","name":"WSB","avatar":"https://static.tigerbbs.com/9f133b40556cbaf1647fa58f09c40a11","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573638972774551","authorIdStr":"3573638972774551"},"themes":[],"htmlText":"Great!","listText":"Great!","text":"Great!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/178366786","repostId":"1144099744","repostType":4,"repost":{"id":"1144099744","kind":"news","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1626784245,"share":"https://www.laohu8.com/m/news/1144099744?lang=&edition=full","pubTime":"2021-07-20 20:30","market":"us","language":"en","title":"Tesla, Local Rivals Nio, Xpeng, Li Growing Together, Not Cutting Each Other's Market Share, Say Analysts","url":"https://stock-news.laohu8.com/highlight/detail?id=1144099744","media":"Benzinga","summary":"Tesla Inc and local electric vehicle rivals such asNio Inc are growing the electric vehicle segment together in China and not eating into each other's market share, Zhongtai Securities analysts said, asreported by cnEVpost.What Happened:Chinese electric vehicle makers such as Nio,Xpeng Inc,Li Auto Inc andBYD Co along with Teslareported robust delivery numbersin June.Tesla has stepped up the competition in Chinaafter introducinga lower-priced Model Y variant. The strategy has paid off as the Elon","content":"<p><b>Tesla Inc</b>(NASDAQ:TSLA) and local electric vehicle rivals such as<b>Nio Inc</b>(NYSE:NIO) are growing the electric vehicle segment together&nbsp;in China and not eating into each other's market share, Zhongtai Securities analysts said, asreported&nbsp;by cnEVpost.</p>\n<p><b>What Happened:</b>Chinese electric vehicle makers such as Nio,<b>Xpeng Inc</b>(NYSE:XPEV),<b>Li Auto Inc</b>(NASDAQ:LI) and<b>BYD Co</b>(OTC:BYDDY) along with Teslareported robust delivery numbersin June.</p>\n<p>Tesla has stepped up the competition in Chinaafter introducinga lower-priced Model Y variant. The strategy has paid off as the Elon Musk-led company has reportedly secured a flood of orders but raised fears of doom and gloom for China's new carmakers.</p>\n<p>Zhongtai Securities analyst sees the move as overblown as China's new carmakers are competing differently both in terms of demand and pricing.</p>\n<p><b>Why It Matters:</b>Tesla has introduced a more affordable variant of electric mid-size SUV Model Y in China, which qualifies for a subsidy as well as it is sold under RMB 300,000 ($46,000), the benchmark. Deliveries are expected to begin in August.</p>\n<p><img src=\"https://static.tigerbbs.com/955b414508f48ef07615be308fe8be84\" tg-width=\"593\" tg-height=\"485\" width=\"100%\" height=\"auto\">Tesla’s biggest rival Nio at the moment operates a portfolio that is more expensive and not eligible for the subsidies as they are all priced over the RMB 300,000 limit.</p>\n<p><b>Ford Motor Co</b>(NYSE:F) too hasadded another variantof its all-electric sports utility vehicle Mustang Mach-E in China for under RMB 300,000 ($46,000), thus qualifying it for state-led subsidies.</p>\n<p><b>Price Action:</b>Tesla shares closed 0.31% higher at $646.22 on Monday. Nio closed 1.29% higher at $43.35.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla, Local Rivals Nio, Xpeng, Li Growing Together, Not Cutting Each Other's Market Share, Say Analysts</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla, Local Rivals Nio, Xpeng, Li Growing Together, Not Cutting Each Other's Market Share, Say Analysts\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2021-07-20 20:30</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p><b>Tesla Inc</b>(NASDAQ:TSLA) and local electric vehicle rivals such as<b>Nio Inc</b>(NYSE:NIO) are growing the electric vehicle segment together&nbsp;in China and not eating into each other's market share, Zhongtai Securities analysts said, asreported&nbsp;by cnEVpost.</p>\n<p><b>What Happened:</b>Chinese electric vehicle makers such as Nio,<b>Xpeng Inc</b>(NYSE:XPEV),<b>Li Auto Inc</b>(NASDAQ:LI) and<b>BYD Co</b>(OTC:BYDDY) along with Teslareported robust delivery numbersin June.</p>\n<p>Tesla has stepped up the competition in Chinaafter introducinga lower-priced Model Y variant. The strategy has paid off as the Elon Musk-led company has reportedly secured a flood of orders but raised fears of doom and gloom for China's new carmakers.</p>\n<p>Zhongtai Securities analyst sees the move as overblown as China's new carmakers are competing differently both in terms of demand and pricing.</p>\n<p><b>Why It Matters:</b>Tesla has introduced a more affordable variant of electric mid-size SUV Model Y in China, which qualifies for a subsidy as well as it is sold under RMB 300,000 ($46,000), the benchmark. Deliveries are expected to begin in August.</p>\n<p><img src=\"https://static.tigerbbs.com/955b414508f48ef07615be308fe8be84\" tg-width=\"593\" tg-height=\"485\" width=\"100%\" height=\"auto\">Tesla’s biggest rival Nio at the moment operates a portfolio that is more expensive and not eligible for the subsidies as they are all priced over the RMB 300,000 limit.</p>\n<p><b>Ford Motor Co</b>(NYSE:F) too hasadded another variantof its all-electric sports utility vehicle Mustang Mach-E in China for under RMB 300,000 ($46,000), thus qualifying it for state-led subsidies.</p>\n<p><b>Price Action:</b>Tesla shares closed 0.31% higher at $646.22 on Monday. Nio closed 1.29% higher at $43.35.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1144099744","content_text":"Tesla Inc(NASDAQ:TSLA) and local electric vehicle rivals such asNio Inc(NYSE:NIO) are growing the electric vehicle segment together in China and not eating into each other's market share, Zhongtai Securities analysts said, asreported by cnEVpost.\nWhat Happened:Chinese electric vehicle makers such as Nio,Xpeng Inc(NYSE:XPEV),Li Auto Inc(NASDAQ:LI) andBYD Co(OTC:BYDDY) along with Teslareported robust delivery numbersin June.\nTesla has stepped up the competition in Chinaafter introducinga lower-priced Model Y variant. The strategy has paid off as the Elon Musk-led company has reportedly secured a flood of orders but raised fears of doom and gloom for China's new carmakers.\nZhongtai Securities analyst sees the move as overblown as China's new carmakers are competing differently both in terms of demand and pricing.\nWhy It Matters:Tesla has introduced a more affordable variant of electric mid-size SUV Model Y in China, which qualifies for a subsidy as well as it is sold under RMB 300,000 ($46,000), the benchmark. Deliveries are expected to begin in August.\nTesla’s biggest rival Nio at the moment operates a portfolio that is more expensive and not eligible for the subsidies as they are all priced over the RMB 300,000 limit.\nFord Motor Co(NYSE:F) too hasadded another variantof its all-electric sports utility vehicle Mustang Mach-E in China for under RMB 300,000 ($46,000), thus qualifying it for state-led subsidies.\nPrice Action:Tesla shares closed 0.31% higher at $646.22 on Monday. Nio closed 1.29% higher at $43.35.","news_type":1},"isVote":1,"tweetType":1,"viewCount":545,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":145188839,"gmtCreate":1626197825521,"gmtModify":1633929135295,"author":{"id":"3573638972774551","authorId":"3573638972774551","name":"WSB","avatar":"https://static.tigerbbs.com/9f133b40556cbaf1647fa58f09c40a11","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573638972774551","authorIdStr":"3573638972774551"},"themes":[],"htmlText":"&nbsp;Nice&nbsp;","listText":"&nbsp;Nice&nbsp;","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/145188839","repostId":"1120348548","repostType":4,"isVote":1,"tweetType":1,"viewCount":512,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"following","isTTM":false}