Tesla’s China Dip: 16% MoM Shipment Fall & 7.16% Stock Plunge
Quick Look Tesla’s February shipments from Giga Shanghai dropped to 60,365 vehicles, a 16% decrease month-over-month and a 19% decrease year-over-year. Tesla stock tumbled 7.16%, marking its lowest close since mid-February. The Chinese Lunar New Year and strategic shipping practices influenced Tesla’s February performance. A competitive EV market and price wars, including Tesla’s substantial price …
Tesla’s China Dip: 16% MoM Shipment Fall & 7.16% Stock Plunge Read More »