All articles tagged with #china ev sales
China's EV market saw record deliveries in October, with XPeng, Nio, and Leapmotor hitting new highs, while Tesla's China sales declined in 2025. Overall, EV sales are expected to be strong in Q4 due to year-end incentives, with significant secular shifts as new players like Xiaomi and Leapmotor gain ground, challenging Tesla's dominance in the world's largest EV market.
The stock market rally gained momentum as Treasury yields slid, with major indexes reclaiming their 50-day lines. Salesforce, MongoDB, and CrowdStrike reported strong software earnings. Amazon and Shopify rebounded after announcing a deeper partnership. Tesla launched an upgraded Model 3 and slashed prices on higher-end vehicles. China's EV sales remained strong, with Li Auto, Nio, XPeng, and BYD reporting solid deliveries. Dell Technologies exceeded expectations and cited artificial intelligence as a long-term tailwind. Chipmakers Broadcom and Ambarella disappointed with their guidance. Ollie's Bargain Outlet surged after beating expectations, while Dollar General and Five Below tumbled. Bitcoin and related stocks jumped after a federal appeals court ruled on Grayscale Investments' bid for a bitcoin ETF.
Dow Jones futures rose slightly as investors awaited the release of the August jobs report. Tesla unveiled its upgraded Model 3 in China, which includes a battery range boost but also a 12% price increase. Li Auto, Nio, and XPeng are set to report their August deliveries, while BYD will release its August sales. The stock market rally had a mixed session, with growth stocks leading the way. Investors should be prepared for Friday's reaction to the jobs report and continue to monitor the market direction and leading stocks.