Tesla Powers Ahead As Made-In-China Sales Surge 142% In May
Portfolio Pulse from Anan Ashraf
Tesla Inc (NASDAQ:TSLA) reported a 142% increase in made-in-China vehicle sales in May, selling 77,695 vehicles. This marks a 2.4% increase from April and a 141.6% jump from May 2022.
June 05, 2023 | 11:18 am
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Tesla's made-in-China vehicle sales increased by 142% in May, indicating strong demand and potential revenue growth.
The 142% increase in Tesla's made-in-China vehicle sales demonstrates strong demand for their products in the Chinese market. This could lead to higher revenues and a positive impact on the stock price in the short term.
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IMPORTANCE 90
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