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DeepNewz, mobile.
People-sourced. AI-powered. Unbiased News.
Tesla's sales in Q1 2024 are projected to be lower than the previous Q4, with estimates much less than 484K in Q4 2023 or 466K in Q2 2023. In Europe, there's a potential tipping point for Tesla sales not seen in almost 5 years. Tesla China sold 60,365 vehicles in February, down 19% YoY, attributed to the Lunar New Year holiday sales lull and price competition. Despite the drop, some analysts highlight the impact of the Chinese New Year falling later in 2024 compared to the previous year.
Tesla China delivered 60,365, -19% YoY, but many will fail to note that it was Chinese New Year later in 2024 w/ full 2 weeks falling in February 2/10~2/24 (verses 1/22~2/5 in 2023). Smart investors will take advantage from those that think there is a demand issue. $TSLA https://t.co/RHRk9rqTBC
"Tesla shipments from its factory in Shanghai slumped to the lowest in more than a year" https://t.co/2KyzpCCwVP via @technology
$TSLA Down - 1%+ premarket.🔴 https://t.co/DStRhglUii
