Tesla shares are on the rise in pre-market trading, fueled by positive sentiment regarding the company’s upcoming third-quarter delivery figures. Analyst predictions point towards strong performance, potentially exceeding expectations, while European sales show a decline. Despite the European slowdown, Tesla’s valuation and potential for growth remain attractive.
Tesla is gearing up for a packed October, with key events like third-quarter earnings, delivery figures, and its highly anticipated Robotaxi Day. While the Robotaxi event is expected to be a major highlight, an analyst advises investors to focus on the crucial delivery numbers first.
Polestar Automotive Holding (PSNY) shares are on the rise after the company reported a significant increase in second-quarter deliveries, signaling a positive trajectory for the electric vehicle manufacturer. The company is optimistic about an even stronger second half of the year, driven by the launch of its new premium SUVs.
Li Auto, a Chinese electric vehicle (EV) manufacturer, has reached a significant milestone of 900,000 cumulative deliveries, making it the first Chinese automaker to achieve this feat. The company’s strong performance comes amid industry challenges including weak domestic demand and tariffs. This news has boosted Li Auto’s stock price, which has been struggling in recent months.
The delivery of Mahindra XUV 3XO has brought joy to customers and sparked celebrations across the country. Anand Mahindra shared photos and a video of people celebrating their first car purchases, including a family of 17 in Satna, Madhya Pradesh. The updated Mahindra SUV has received an overwhelming response, with over 50,000 bookings made within the first hour of its release. The positive feedback highlights the fulfillment and impact that Mahindra’s efforts to improve the quality of life for Indian citizens bring.
