Tesla Inc CEO Elon Musk poses with Tesla China-made Model 3 vehicle owners onstage during a delivery event at its Shanghai factory in China January 7, 2020.Tesla saw a large increase in China sales in May over April, a trade group said Monday. Shares of Tesla surged Monday on the news. U.S. electric vehicle maker Tesla sold 11,095 Shanghai-made Model 3 vehicles in China in May, more than triple the volume seen in April, according to the China Passenger Car Association .
Tesla sold 3,635 vehicles in April, down from around 10,160 units in March, CPCA data showed. CPCA uses a different counting method than Tesla's deliveries.The jump comes as China, the world's largest automotive market, posted its first month-over-month sales gain in almost a year. Sales of cars, SUVs and other vehicles jumped hit 1.64 million in May, a 1.9% uptick from a year earlier and the first increase since Jun 2019, the CPCA said.
Tesla's stock price jumped as much as 5.4% to a new all-time high in trading Monday following the data's release. "Strong Model 3 demand out of China remains a ray of light for Tesla in a dark global macro and appears to be on a run rate to hit 100k unit deliveries in the first year out of the gates for Giga 3 which is driving some strength for Tesla as well as Model Y deliveries starting to ramp as well," Dan Ives, an analyst at Wedbush, said in a note to clients.
No thanks for USG. Private enterprise will get it done regardless.
Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Look inside a converted Rhode Island fire station for sale - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. When you feel like giving up, remember why you held on so long in the first place. Never give up on your dream! I mean, they can’t get credit for keeping the fire pole. No sane person would remove the fire pole PTeach111 Wow. That’s quite a place.
Sumber: BusinessInsider - 🏆 729. / 51 Baca lebih lajut »
Inside clash between Minneapolis police and union: Arradondo and Kroll - Business Insider[THREAD] 👇 Chief Medaria Arradondo — Minneapolis' first black police chief — once sued the city and the department, alleging racial discrimination. He’s attempted to institute meaningful reform, but has been met with resistance from the police union. Criminal justice experts say police unions impede meaningful reform in city police departments by protecting aggressive cops. In addition to advocating for higher wages, unions sought to protect job security by limiting disciplinary transparency. Here you go...here’s a really good way to reform police departments...target the unions...they’ve been hindering reform for years and protect bad cops when they shouldn’t be protected DemocRAT run Minneapolis right ? ...
Sumber: BusinessInsider - 🏆 729. / 51 Baca lebih lajut »
Inside McDonald's response to George Floyd protests - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. No junk food. They save lives.
Sumber: BusinessInsider - 🏆 729. / 51 Baca lebih lajut »
Restaurants rehired 1.4 million workers in May, but gains may not last - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Because its during the Presidency your publication is against? Lol. Nubletts
Sumber: BusinessInsider - 🏆 729. / 51 Baca lebih lajut »
Look inside a converted Rhode Island fire station for sale - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. When you feel like giving up, remember why you held on so long in the first place. Never give up on your dream! I mean, they can’t get credit for keeping the fire pole. No sane person would remove the fire pole PTeach111 Wow. That’s quite a place.
Sumber: BusinessInsider - 🏆 729. / 51 Baca lebih lajut »