Tesla Just Posted a Blowout Month in China. Its Stock Is Breaking Out.

barrons logo

This copy is for your personal, non-commercial use only. To order presentation-ready copies for distribution to your colleagues, clients or customers visit

  • Order Reprints

  • Print Article

im 336622?width=620&height=413

Tesla’s factory in Shanghai began production around two years ago.

Xiaolu Chu/Getty Images

Tesla had a blowout month in China as electric vehicle penetration of new car sales in the country topped an incredible 20%. Its stock is rising.

EVs are gaining momentum in the world’s largest new car market.

Tesla (ticker: TSLA) delivered about 56,000 vehicles from its Shanghai facility in September, about 12,000 more than it did in August,…

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button