Is Tesla's Delivery Drought Over? Beijing Center Rumored To Have Hit Record Day
Portfolio Pulse from Anan Ashraf
Tesla's Beijing delivery center reportedly hit a record high in daily deliveries, with new registrations in China rising by 41% during the week of May 13-19. This comes amid Tesla's recent production cuts and price reductions in China to boost sales.
May 27, 2024 | 8:18 am
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Tesla's Beijing delivery center reportedly achieved a record high in daily deliveries, and new registrations in China rose by 41% during the week of May 13-19. This positive news could offset concerns about recent production cuts and price reductions.
The record high in daily deliveries and the 41% increase in new registrations in China are positive indicators for Tesla's sales performance in the region. This could help mitigate concerns about recent production cuts and price reductions, potentially boosting investor sentiment and the stock price in the short term.
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