Reuters Earlier Reported Multiple State-Owned Firms In Shanghai Purchased Tesla's Model Y
Portfolio Pulse from Benzinga Newsdesk
Several state-owned firms in Shanghai have purchased Tesla's Model Y vehicles, indicating strong demand for Tesla's products in China.
July 05, 2024 | 3:02 pm
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Several state-owned firms in Shanghai have purchased Tesla's Model Y vehicles, indicating strong demand for Tesla's products in China.
The purchase of Tesla's Model Y by multiple state-owned firms in Shanghai suggests a robust demand for Tesla's vehicles in the Chinese market. This could positively impact Tesla's revenues and stock price in the short term.
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