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Tesla (TSLA) nearly doubles Chinese market share in August

September 8, 2023 2:09 PM EDT

Deep discounts and tax breaks for environmentally friendly and electric vehicles boosted consumer sentiment, allowing China's passenger vehicle sales to return to growth this past month, even as economic growth remains weak.

According to data from the China Passenger Car Association (CPCA) released on Friday, car sales saw a 2.2% increase... More

Deutsche Bank warns of downside risk on Tesla (TSLA)

September 7, 2023 3:10 PM EDT

Deutsche Bank hosted investor meetings with Tesla as part of the IAA Cars Conf. In the very near term, we came away with the sense there could be downside risk to investors expectations for volume and margin in Q3, reflecting planned summer production shutdowns which will push both production and deliveries down QoQ, discounts on inventories, and limited positive costs offsets... More