• 0175
• 1211
• BP
• GC
• STLA
• TSLA
• XPEV

Morning Bid: Of trade wars and (EV) price wars

Gold prices surged as markets react to Trump's tariff considerations. The EV market sees increases for BYD while Tesla dips. Jerome Powell's testimony draws attention.

• 1YMH25
• CXW
• ESH25
• F
• GEO
• GM
• HAL
• LI
• NQH25
• RTYH25
• SLB
• TSLA
• US2000
• XPEV

Futures climb as investors brace for President Trump's trade policy plans

U.S. stock futures rose as investors reacted to Trump's orders on energy and immigration, awaiting trade policy moves; market sensitivity to tariffs continues amid earnings season.

• BMWG
• NIO
• RENA
• STLA
• STLAM
• XPEV

China's Nio introduces Firefly brand to take on BMW's Mini

Nio launches Firefly, an affordable EV brand aimed at competing with Mini and Smart, starting pre-sales at 148,800 yuan; faces tariff challenges for European expansion.

• XPEV

UBS downgrades XPeng to ‘sell’ as EV momentum overly priced in

UBS downgraded Xpeng to 'sell', citing overextended rally, with price target raised to $8.80, indicating caution due to unrecognized downside risks amidst promising EV momentum.

• F
• GM
• NSANY
• VOWG_p
• XPEV

GM to take more than $5 billion in charges on China operations

GM announces over $5 billion in non-cash charges regarding its China joint venture, reflecting restructuring and declining value amid increasing competition and losses in the region.

• BYDDF
• GM
• MBGn
• NIO
• NVDA
• TM
• TSLA
• XIACF
• XPEV

Mercedes to use Momenta software in 4 models, accelerate China comeback, sources say

• BYDDY
• GM
• MBGAF
• NIO
• NVDA
• TM
• TSLA
• XIACF
• XPEV

Exclusive-Mercedes to use Momenta software in 4 models, accelerate China comeback, sources say

• 0175
• 1211
• TSLA
• XPEV

Chinese EV demand expected to remain strong through 2024 end - HSBC

• XPEV

Goldman downgrades XPeng to “neutral” amid competitive pressures

• XPEV

Citi launches a 90-day downside Catalyst Watch on Xpeng stock