tesla Archives | Page 2 of 5 | Be Korea-savvy
S. Korean Retail Investors’ Tesla Holdings Top US$10 bln

S. Korean Retail Investors’ Tesla Holdings Top US$10 bln

SEOUL, Jan. 25 (Korea Bizwire) — South Korean retail investors’ holdings of shares in electric vehicle leader Tesla Motors Inc. soared nearly 32 percent this year to cross the US$10 billion mark, data showed Monday. Local individual investors owned $10.33 billion worth of Tesla shares as of Friday, up 31.9 percent from the end of [...]

Tesla, Apple Most Popular Foreign Stocks to Pass on to Children

Tesla, Apple Most Popular Foreign Stocks to Pass on to Children

SEOUL, Dec. 23 (Korea Bizwire) — South Korean investors have picked Tesla and Apple as the most popular foreign stocks to pass on to their children. Major South Korean brokerage house Samsung Securities Co. held an online conference on Saturday through its official YouTube channel and carried out a survey with a group of local [...]

Korean EVs at Risk as Tesla Announces Cheaper Model

Korean EVs at Risk as Tesla Announces Cheaper Model

SEOUL, Sept. 28 (Korea Bizwire) — Prices of domestic electric vehicles (EVs) are gaining attention following Tesla Motors Inc.’s recent announcement that it will come up with a new EV model that costs as little as US$25,000 within the next three years. Experts expect that domestic EV manufacturers will need at least four or five [...]

S. Korean Stock Investors Swoop on Tesla in H2

S. Korean Stock Investors Swoop on Tesla in H2

SEOUL, Sept. 9 (Korea Bizwire) — Electric vehicle leader Tesla Motors Inc. has been South Korean investors’ most-bought issue among foreign shares since July amid an overseas stock buying craze here, data showed Wednesday. Domestic investors bought a net US$1.56 trillion won worth of Tesla shares between July 1 and Tuesday, according to the data [...]

S. Korea to Overhaul Subsidy Scheme for EV Cars

S. Korea to Overhaul Subsidy Scheme for EV Cars

SEOUL, Aug. 9 (Korea Bizwire) — South Korea’s environment ministry said Sunday that it will revamp a subsidy scheme for electric vehicles (EVs), with the current proposal centering on excluding high-priced EVs from the subsidy recipients. The country’s fat subsidies for EVs have been a major contributor to the popularity of eco-friendly cars. The overhaul [...]