Piper Sandler Said Don't Get Hung Up on Tesla's (TSLA) Weak April China Sales Numbers
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Tesla (TSLA) China Sales Actually Fell 67% MoM in April - GLJ's Johnson
May 11, 2021 12:15 PM EDTTesla's (NASDAQ: TSLA) China sales numbers of 25,845 for April were misleading because they included exports, according to GLJ Research analyst Gordon Johnson.
The company actually sold just 11,671 cars in China, given that it exported 14,174 China-made units during the month, Johnson notes.
On an... More
Active options: TSLA PLTR AAPL NIO FB AMD AMZN F AMC GE FCX BA
May 11, 2021 10:54 AM EDTActive options: TSLA PLTR AAPL NIO FB AMD AMZN F AMC GE FCX BA
... MoreTesla (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
Tesla (TSLA) Sinks Over 6% in Pre-Open Trading
May 11, 2021 7:50 AM EDTTesla (NASDAQ: TSLA) sinks 6.5% on reports the company puts the brake on Shanghai land buy as U.S.-China tensions weigh.
... MoreTesla China (TSLA) Exports 14,174 Units in April - Bloomberg, Citing PCA
May 11, 2021 6:20 AM EDTTesla (NASDAQ: TSLA) China Exports 14,174 Units in April - Bloomberg, Citing Passenger Car Associations
Sold 25,845 Locally-Made Vehicles in China in April, Down From 35,478 Units in March... More
Tesla (TSLA) Halts Plans to Buy Land in Shanghai Amid Increased Tensions with China: Report
May 11, 2021 6:15 AM EDTTesla (NASDAQ: TSLA) is suspending its plans to buy land next to its Shanghai plant amid renewed tensions between the United States and China, Reuters reports.
Two months ago, Tesla had a chance to bid for a piece of land across the road from its factory, but it declined to do so, according to sources cited by Reuters. Tesla decided for this course of action as it... More
