Hmm. Have to be careful when looking at Tesla's China sales. Remember that Shanghai is Tesla's export hub, serving Japan, Korea, Australia, NZ and now Canada and possibly some others. It can be misleading to look at China registrations for a particular month since for some months most of Shanghai's output is shipped off to other countries.
Tesla Stock Falls. Why It's No Longer Getting a Boost from Oil-Price Spikes
Tesla stock fell early Monday, along with most stocks, despite rising oil prices that, at one point, had given the electric vehicle maker a boost.Shares of Elon Musk's car company were down 2.3% at $393.48 in premarket trading, while S&P 500 and Dow Jones Industrial Average futures were both down about 1.1%.The move came as oil prices shot higher after the U.S. and Israel began military operations against Iran over the weekend. Benchmark U.S. crude prices were up 7.5% to $72.04 per barrel in early trading.In the past, Tesla stock would get a boost from spikes in oil prices, with higher gasoline prices driving buyers to check out all-electric options. That was at a time when electric-vehicle penetration of new-car sales was lower, though. Americans bought about 1.3 million cars in 2025, accounting for roughly 8% of all new car sales.Tesla stock might also be affected by weak Chinese EV sales. In February, XPeng delivered 15,256 cars, down 50% from last year. Li Auto delivered 26,421, d
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