London Pickup – 런던픽업
London Pickup – 런던픽업
London Pickup
Due to slowing global demand in the electric vehicle market
Stock prices of the automotive semiconductor industry plunged following automobile manufacturers.
In addition to Tesla, which is the world’s No. 1 electric vehicle market, General Motors (GM)
And Ford, which have declared “over Tesla,” seem to be ending their large-scale
Electric vehicle investment and production plans one after another.
Investors rushed to sell related stocks in the New York Stock Exchange
As negative factors emerged day after day, including news that Japan’s Panasonic,
One of the leading battery companies, has reduced battery production.
On the same day, Tesla’s long-time battery supplier Panasonic Japan said it had reduced battery
Cell production until September, which once again highlighted pressure on
“slow demand for electric vehicles.” Tesla’s stock price fell to $197.36 per share.
On the same day, Panasonic Chief Financial Officer Hirokazu Umeda
Lowered his annual profit forecast for the battery-related
Business sector by 15% citing slowing global electric vehicle sales.
It said it reduced battery production in Japan during the third quarter of this year. P
Anasonic has been supplying battery cells for Tesla Model S and X.
London Pickup
The company is considered one of the top three global battery makers along with
LG Energy Solution in Korea and CATL in China.
According to the data compiled by London-based financial information company
Ortex until the 27th of this month, short sellers who bet on Tesla’s stock
Price decline have made about $3 billion in profits since the company’s earnings announcement.
Tesla’s short selling ratio (compared to distribution stocks) is 3.21%, which is worth about $18.8 billion.
At the earnings announcement on the 24th, GM scrapped its EV
Production guidance to produce 400,000 electric vehicles over two years by the middle of next year.
On the same day, the company’s management presented a business target below
Wall Street expectations, noting that “some European automobile manufacturer
Customers are under the burden of falling demand and high interest rates, which is a risk for us as well.
” The company’s stock price has jumped nearly 100% over the past two years thanks to
The shortage of semiconductors for vehicles in 2021 and increased
Demand for advanced semiconductors for electric vehicles.
On the same day, NXP Semiconductor (NXPI↓5.00%), a leading automotive
Semiconductor company, also saw its stock price plunge. 스마트스토어상위노출
The company will release its quarterly results on the 7th of next month