Tesla sold 59,261 vehicles in China in June, down 20.15 percent year-on-year but up 7.33 percent from May.
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Category: Tesla
Filed under: Earnings/Financials,Green,Tesla,Electric
Continue reading Tesla stock rises again, extending monster 40% rally over the past month
Tesla stock rises again, extending monster 40% rally over the past month originally appeared on Autoblog on Fri, 5 Jul 2024 11:57:00 EDT. Please see our terms for use of feeds.
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Multiple state-owned enterprises in Shanghai have purchased Tesla Model Ys as part of the city's efforts to optimize business environment and demonstrate equal treatment for domestic and foreign companies.
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Such an inspection could lead to Tesla receiving a lower duty than the average of 21 percent, as only individually verified producers receive their own duty, Politico said.
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A Tesla model's entry into a local government purchasing catalog in China is rare, considering that government parks have previously banned Tesla vehicles due to security concerns.
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Today's changes reduce wait times for the Model 3 and Model Y in China to an all-time low. Silver paint is no longer exclusive to the Model Y.
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BYD's BEV market share is set to surge in 2024, the year it is expected to overtake Tesla in BEV sales. This shift underscores the dynamic nature of the global EV market, said Counterpoint.
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Filed under: Earnings/Financials,Green,Plants/Manufacturing,Tesla,Electric
Continue reading Tesla beats delivery estimates with less-drastic drop in EV sales
Tesla beats delivery estimates with less-drastic drop in EV sales originally appeared on Autoblog on Tue, 2 Jul 2024 14:52:00 EDT. Please see our terms for use of feeds.
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Tesla delivered 443,956 vehicles in the second quarter, above Wall Street analysts' estimates of 439,302.
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Tesla China sold 71,007 vehicles in June, including exports, down 24.20 percent from 93,680 vehicles sold in the same month last year.
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