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...The company confirmed it was raising the price on its Model Y SUV by Rmb5,000 ($695) from April 1....
...Last week, Tesla rolled out a fresh round of incentives worth up to Rmb34,600 ($4,805) to lure Chinese consumers into snapping up its existing inventories of the Model 3 sedan and Model Y SUV....
...The Hong Kong-listed shares of some Chinese electric vehicle makers dropped following the news. Shares in Xpeng, Nio and Li Auto were down 4.8 per cent, 1.9 per cent and 2.8 per cent, respectively....
...The company cut the price of the higher-end Model Y Long-Range and Performance models to Rmb299,900 ($41,640) and Rmb349,900, respectively....
...Hong Kong-listed shares of China’s second-largest lithium producer have fallen 17 per cent over the past year under pressure from plunging prices of the metal....
...Tesla’s sales figures also “suggested a sharp deterioration in growth” in the US, said Tom Narayan, an auto analyst at RBC Capital Market, while the Model Y and 3, which account for more than 90 per cent...
...remains the dominant player in PHEVs, the company faces competition from Huawei’s Aito brand, whose M7 model is the fourth bestselling EV in China so far this year, behind two BYD models and Tesla’s Model Y....
...While Tesla sales growth has been driven by its Model 3 and Model Y cars, the group is not expected to release its next mass-market vehicle until late in 2025....
...Tax receipts, according to William J Shultz and MR Caine’s 1937 Financial Development of the United States, flooded the Treasury with more revenue than it expected....
...The US electric-vehicle maker most recently offered incentives worth as much as Rmb34,600 ($4,800) to lure Chinese consumers to purchase Model 3 sedans and Model Y sport utility vehicles....
...“With Hancock reviewing a number of early stage lithium prospects, this offer continues Mrs Rinehart’s substantial support for the West Australian mining industry,” said Garry Korte, chief executive of Hancock...
...“Mr Zhao . . . endangered those who serve in the US military,” assistant attorney general for national security Matthew Olsen said....
...Website; Directions Luk Yu Tea House, Hong Kong 24-26 Stanley Street, Central, Hong Kong I love tea for its complexity, variety and versatility as much as I do whisky, so I love finding venues that are...
...There’s saltiness, of course, but it’s more complex than a salted caramel – it’s briny, and iodine-y. It’s delicious....
...Ice dance-y helicopter spins (an obvious favourite) become a thing of wonder and delight, like a child in daddy’s arms. Those grisly gusset-flashing lifts (still?)...
...The Maria Spa has a co-ed Finnish sauna, a very space age-y steam room, hot and cold pools and a bucket ice shower....
...Eliana Sydes, head of financial life strategy at Y Tree, a wealth tech platform based in the UK, agrees....
...What about Y? I had my own internal “what about” debates in Hong Kong last week....
...Its 29th-floor Wan Chai location gives the bar an urban, student-y feel, with its wicker chairs and hookah pipes underlining the fun and indie vibe....
...Melco Resorts & Entertainment and Studio City International Holdings, listed arms of Macau casino tycoon Lawrence Ho, switched from an E&Y office in Hong Kong to one in Singapore....
...Take a break from the news . . . and check out cocktail maestro Ryan ‘Mr Lyan’ Chetiyawardana’s 13 favourite bars around the world, including a Hong Kong tea house and a Melbourne cottage known for Guinness...
...Hong Kong offers a lifestyle that seems to characterise another time....
...TI eventually opened several chip plants in Japan, and, according to Chang, “Mr. Morita’s prediction came true.”...
...The décor schemes thus include lush Persian rugs and corner sofas upholstered in deep green velvet and rattan chairs with beach-y striped linen. Never opulent, but eminently comfortable....
...It follows a battle among makers of electric vehicles after Tesla slashed prices on its Model 3 and Model Y cars last October in the face of rising domestic competition....
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