Focus on electrification, Tesla’s second-quarter profit margin may hit a five-year low, and Tesla may announce that its second-quarter profit margin hit a five-year low.
According to a Visible Alpha survey of 20 analysts, Wall Street expects Tesla’s automotive gross margin (excluding regulatory points) to fall to 16.
27% in the second quarter, the lowest level since the first quarter of 2019.
,, Buffett reduced his holdings of BYD, and Berkshire Hathaway, an investment company owned by Warren Buffett, sold 1.
3955 million shares of BYD’s Hong Kong-listed shares, equivalent to approximately HK$340 million (US$43.
6 million) based on average stock price.
The ratio of positions dropped from 5.
06% to 4.94%. Porsche: Electric vehicle goals depend on demand and market development.
Porsche has previously stated that its goal is to achieve 80% of sales from pure electric vehicles by 2030.
But now Porsche has linked this goal to customer needs and developments in the electric vehicle sector.
Porsche said that “the transition to electric vehicles will take longer than we assumed five years ago” and sales will depend on customer demand and the development of electric vehicles.
,, Focusing on intelligence, Musk revealed new progress in humanoid robots.
Tesla CEO Musk said that Tesla will produce humanoid robots in “low production” next year for internal use by the company.
Tesla is “expected” to mass produce humanoid robots for other companies in 2026.
, Focus·Traditional car companies, General Motors and Ford’s profits may decline in the second quarter.
Due to the failure of the auto industry’s high-risk investment in electric vehicles to return and the attack on critical computer networks used by dealers, resulting in sales disruption, General Motors and Ford’s second quarter profits may decline.
According to LSEG data, GM’s second-quarter net profit may fall 7.
7%, while Ford’s profit is expected to fall 10%.
Focus on the supply chain,LG New Energy is slowing down plans to build a factory in Michigan.
LG New Energy is slowing down plans to build a joint venture factory with General Motors in Michigan, USA, due to sluggish demand for electric vehicles and concerns about political changes in the United States.
LG New Energy is “adjusting the overall investment speed” and “looking for options for flexible operation of the (joint venture factory).
” Return to the first electric network home page>,.
