11:57:51 EST Fri 02 Jan 2026
Enter Symbol
or Name
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CA



Tesla CDR (CAD Hedged)
Symbol TSLA
Shares Issued 22,400,000
Close 2025-12-31 C$ 39.67
Market Cap C$ 888,608,000
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FP/wire say Tesla, rivals see Chinese EVs winning in EU

2026-01-02 09:26 ET - In the News

Also In the News (C-BMW) BMW CDR (CAD Hedged)
Also In the News (C-MB) Mercedes CDR (CAD Hedged)

The Financial Post reports in its Friday edition that Chinese carmakers captured a record 12.8 per cent of Europe's electric-vehicle market in November, building on gains made this year despite the cost of European Union tariffs. A Bloomberg dispatch to the Post says that in the fast-growing hybrid-car categories, Chinese brands resumed their rise, surpassing 13 per cent across the EU, Euro free-trade countries and the United Kingdom, according to Dataforce. Brands led by BYD and SAIC Motor, along with newer entrants such as Chery and Zhejiang Leapmotor, have redoubled efforts to crack the European market this year. Overcapacity in China has fed the export push, as manufacturers seek a release from relentless price wars in their domestic market. Mainland automakers have largely absorbed the extra fees that the EU imposed on Chinese-made EVs in late 2024, while pressing into areas unaffected by the new tariffs, such as hybrid models and non-EU markets like the U.K. In October, Leapmotor's European EV sales surged more than 4,000 per cent. Chery's Omoda brand saw an 1,100-per-cent EV rise over the same time frame. Meanwhile, Europe is moving to protect its conventional car industry by easing anti-fossil-fuel laws.

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