Asia Market Movers: Tesla’s China sales slump 36% to three-year low amid fierce competition

Tuesday, 11 Nov, 2025 Stocks Tesla's China sales slump 36% to three-year low amid fierce competition Tesla's China sales slump to three-year low as demand falters Tesla's China sales tumbled to 26,006 vehicles in October, their lowest level in three years, highlighting weakening demand in the world's Stocks Fighting back: "Inside Opendoor's plan to give short sellers a temporary middle finger" Opendoor shares stage record comeback after Q3 loss as warrant dividend squeezes shorts The full article is here, I've summarized below. Check out the full article linked for the awesome pic! Opendoor Learn more Central Banks PBOC sets USD/ CNY central rate at 7.0866 (vs. estimate at 7.1204) The People's Bank of China (PBOC), China's central bank, is responsible for setting the daily midpoint of the yuan (also known as renminbi or RMB). The PBOC follows a managed floating exchange rate sy Forex Yen continuing to weaken in the face of feeble verbal intervention efforts, USD/JPY 154.40 Japan's economy minister Kuichi's comments are here . If they were meant to be yen supportive they aren;t achieving that goal. Officials in Japan are concerned on two fronts now: the pace of ongoing y News Japan economy minister Kuichi says the weak yen is pushing up prices, higher import costs Japan's Economy Minister Kiuchi said the government is increasingly aware that elevated inflation is eroding household purchasing power, noting that the weak yen continues to push up import costs and News Australian October business confidence dipped to 6 (prior 7) National Australia Bank business survey for October 2025. Business confidence dipped to 6 prior 7 Business conditions, which is a more objective measure than the sentiment based confidence, rose to 9, Central Banks PBOC is expected to set the USD/CNY reference rate at 7.1204 – Reuters estimate People's Bank of China USD/CNY reference rate is due around 0115 GMT. The People's Bank of China (PBOC), China's central bank, is responsible for setting the daily midpoint of the yuan (also known as News UK consumer spending slows ahead of budget and Black Friday promotions UK consumer spending cools ahead of budget and Black Friday promotions British consumer spending slowed in October as households paused major purchases ahead of the government's autumn budget and this Learn more News South Korean trade improved in early November, imports and exports higher South Korea's exports rose 6.4% year-on-year in the first 10 days of November, while imports increased 8.2%, customs data showed Monday. The trade balance for the period stood at a provisional deficit

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