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Tesla (TSLA) Sales in China 'Stagnated' in April, Wedbush Notes
May 11, 2021 8:07 AM EDTWedbush analyst Daniel Ives notes softness in Tesla (NASDAQ: TSLA) China sales data for April.
According to China Passenger Car Association (CPCA) data, Tesla sold 25,845 EVs in the month of April which were down sequentially from 35,478 in March and up significantly from the months of January (15,484) and February (18,318).
Importantly, Tesla also shipped out an additional 14,174 cars to Europe during the month of April as demand in Europe remains robust... More
