Tesla retains 'brand halo' in China: Analyst
Portfolio Pulse from
Macquarie Capital's Eugene Hsiao discusses Tesla's strong brand presence in the Chinese EV market and the potential for Chinese EV companies to expand internationally despite facing tariffs in the EU and US.
December 13, 2024 | 9:45 am
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Tesla continues to hold a strong brand presence in the Chinese EV market, according to Macquarie Capital's Eugene Hsiao. This suggests sustained demand and market dominance in China.
The analyst's comments highlight Tesla's continued dominance in the Chinese EV market, which is a key growth area for the company. This positive sentiment is likely to support Tesla's stock price in the short term.
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