Tesla Stock Tumbles More Than 7% After China Gigafactory Deliveries Slowdown

Investopedia03-05

KEY TAKEAWAYSTesla shares fell Monday after data from the China Passenger Car Association showed deliveries from its Shanghai Gigafactory at their lowest point in more than a year.The Chinese Lunar ...

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Comments

  • Newbie_Alvin
    03-05
    Newbie_Alvin
    Overvalued. AI era. EVs stories are over.
  • 黑豹钻石拳
    03-05
    黑豹钻石拳
    [Cry] [Cry] [Cry]  
  • 金手指 Golden Finger
    03-05
    金手指 Golden Finger
    All EV companies sales affected in the month of Feb 2024 due to Chinese New Year holiday,  including BYD and Li Auto. Tesla is not the alone. It's the seasonal sales adjustment. Tesla is not only the EV focued company. It has X social media (equal to FB), Space X, AI development and etc. Pricing at current my personal view is low.
    • a4xrbj1: 
      Wrong, X isn’t owned by Tesla, nor is SpaceX or Elon Musks AI company. They are all owned by Elon. You’re right about CNY though but if you take Jan + Feb vs same period 2023 then the increase in sales is very small and much smaller than Q4 vs previous Q4 or any recent quarter for that matter
    • Upupcoco: 
      time to buy more
    • LEESIMON: 
      🩷will recover
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