Tesla Stock Drops for Fifth Session Amid BYD Competition: Tesla’s stock continued declining for the fifth consecutive session
as markets assessed the demand outlook for its products.
This follows BYD’s announcement that it will provide autonomous driving technology in most of its vehicles at no additional cost,
increasing pricing pressure and competition in the electric vehicle market.

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Tesla

Intel

Japan

Tesla Stock Continues to Decline for the Fifth Session Amid Competitive Pressure from BYD

Tesla’s stock continued declining for the fifth consecutive session as markets assessed the demand outlook for its products.
This follows BYD’s announcement that it will provide autonomous driving technology in most
of its vehicles at no additional cost, increasing pricing pressure and competition in the electric vehicle market.

On Tuesday, Tesla’s stock dropped by 4.15% to $336.20, bringing it to ninth place among
the world’s largest companies by market capitalization, which stood at $1.081 trillion.

Amid these developments, Oppenheimer Bank lowered its revenue forecast for Tesla in 2025 from $101.1 billion to $99.8 billion.
It also cut its adjusted earnings per share estimate from $1.63 to $1.58,
citing revised delivery expectations for 2025 and 2026.

Intel Shares Rise After U.S. Vice President Confirms Support for Domestic AI System Production

Intel’s stock saw significant gains on Tuesday following statements by U.S. Vice President J.D. Vance
At the 2025 Artificial Intelligence Summit in Paris,
he reaffirmed the United States’ commitment to strengthening domestic AI system production.

During his speech, Vance emphasized that Donald Trump’s administration is working
to ensure that the world’s most advanced AI systems are entirely based on U.S. technology.
He highlighted the critical role of semiconductors designed and manufactured in the U.S. in achieving this goal.

These remarks come amid increasing global competition in the AI industry,
as Washington seeks to solidify its leadership position by fostering innovation and investing in technological infrastructure.
This has fueled optimism among investors about Intel’s growth prospects and those of other U.S. semiconductor companies.

Japan Requests Exemption from U.S. Tariffs on Steel and Aluminum

Japan has formally requested that the U.S. administration exempt
its companies from President Donald Trump’s new steel and aluminum tariffs.

According to Bloomberg, Yoshimasa Hayashi, Japan’s Chief Cabinet Secretary,
stated that the exemption request was submitted via the Japanese Embassy in Washington.

Meanwhile, Japanese Minister of Trade Yuji Muto explained that the government
is advising Japanese companies on U.S. trade policies through the Japan External Trade Organization (JETRO).
He also stressed that Japan will continue to study the impact
of these tariffs on its businesses and take appropriate measures.

This request follows Trump’s recent decision to impose a 25% tariff on all steel and aluminum imports,
set to take effect on March 12 without exceptions for any country,
raising concerns among the U.S.’s key trading partners.

Tesla Stock Drops for Fifth Session Amid BYD Competition

Tesla Stock Drops for Fifth Session Amid BYD Competition

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