Japan’s Nikkei 225 index was pushed upwards by optimistic investors on Monday following Prime Minister Fumio Kishida’s victory in the country’s legislative elections.
Chinese electric carmaker Nio’s earnings release revealed that the company had lower losses and higher revenues than expected in the second quarter of 2021. Sales of electric vehicles were within the predicted range despite the global chip shortage.
After Monday’s market close, Tesla reported Q2 earnings that outstripped predictions. Despite chip shortages and supply chain issues, the company plans to continue expanding its production network.
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