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Tesla April China Sales Hit Rock Bottom, Underperform Industry

benzinga2022-05-10

Tesla, Inc.'s TSLA China sales plummeted in April, and the magnitude of underperformance would have disappointed even the most pessimistic of forecasts. Expectations were muted, going into the data ...

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  • mark01bravz
    ·2022-05-11
    Tesla Giga Shanghai again showed excellent results, even taking into account the negative impact on its work due to COVID-19. After a three-week shutdown in April, the manufacturer was able to quickly restore production with a limited number of employees and produced 10,757 vehicles.For Tesla in China, April has certainly been a very difficult month. Another wave of COVID-19 cases that hit big cities forced the closure of all manufacturing plants in industrial areas. Shanghai, where the Tesla factory is located, has become one of those cities that have taken the most stringent measures. Giga Shanghai has been closed for three weeks since March 28. Thus, one-third of April, the Tesla factory was completely shut down, which is an extremely negative development for any manufacturer.After a sl
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  • Ahrul
    ·2022-05-11
    great read
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  • limnorth
    ·2022-05-11
    interesting to see May and June. Will Giga Shanghai catch up?
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  • AndrewL
    ·2022-05-10
    Ok
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  • Aoyjai
    ·2022-05-10
    Tesla's turn to plunge into Darkness?
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  • rachellll
    ·2022-05-10
    A
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  • rachellll
    ·2022-05-10
    A
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  • Benjean
    ·2022-05-10
    This is short term crash due to lockdown
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  • Agneschl
    ·2022-05-10
    Like
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  • Ken1911
    ·2022-05-10
    read
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  • LenaNg
    ·2022-05-10
    [Sad] 
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  • Taishu1234
    ·2022-05-10
    hi
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  • DIckson
    ·2022-05-10
    There is an lockdown in Shanghai...
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  • hakunaurtata
    ·2022-05-10
    $Tesla Motors(TSLA)$YES THE FUD IS HEREEE! SELL ALL YOUR SHARES... TO ME!
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  • Echowhiskey
    ·2022-05-10
    Sales hit rock bottom and recall so many car but still in green[Surprised] 
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  • FattAgain69
    ·2022-05-10
    Now I know which BYD stock code to invest in.
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  • Andrew cub
    ·2022-05-10
    Slow n steady wins the game
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  • TeslaLegend
    ·2022-05-10
    Nice
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