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TESLA, INC.

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Tesla sold 52,859 China-made vehicles in November - CPCA

12/08/2021 | 03:49am EST
FILE PHOTO: Tesla Inc CEO Elon Musk walks next to a screen showing an image of Tesla Model 3 car during an opening ceremony for Tesla China-made Model Y program in Shanghai

BEIJING (Reuters) - U.S. electric vehicle maker Tesla Inc sold 52,859 China-made vehicles in November, including 21,127 for export, the China Passenger Car Association (CPCA) said on Wednesday.

Tesla, which is making Model 3 sedans and Model Y sport-utility vehicles in Shanghai, sold 54,391 China-made vehicles in October, including 40,666 that were exported.

Chinese EV makers Nio Inc 10,878 cars last month, a monthly record high, and Xpeng Inc delivered 15,613 vehicles. Volkswagen AG said it sold over 14,000 ID. series EVs in China in November.

CPCA said passenger car sales in November in China totalled 1.85 million, down 12.5% from a year earlier.

(Reporting by Sophie Yu, Brenda Goh; editing by Jason Neely)


ę Reuters 2021
Stocks mentioned in the article
ChangeLast1st jan.
TESLA, INC. -1.25% 918.4 Delayed Quote.-13.09%
VOLKSWAGEN AG 0.99% 178.26 Delayed Quote.0.44%
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Analyst Recommendations on TESLA, INC.
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Financials (USD)
Sales 2021 52 654 M - -
Net income 2021 5 326 M - -
Net cash 2021 10 361 M - -
P/E ratio 2021 195x
Yield 2021 -
Capitalization 924 B 924 B -
EV / Sales 2021 17,4x
EV / Sales 2022 11,8x
Nbr of Employees 70 757
Free-Float 80,1%
Chart TESLA, INC.
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Tesla, Inc. Technical Analysis Chart | TSLA | US88160R1014 | MarketScreener
Technical analysis trends TESLA, INC.
Short TermMid-TermLong Term
TrendsNeutralBullishBullish
Income Statement Evolution
Consensus
Sell
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Mean consensus OUTPERFORM
Number of Analysts 35
Last Close Price 918,40 $
Average target price 947,47 $
Spread / Average Target 3,17%
EPS Revisions
Managers and Directors
Elon Reeve Musk Technoking of Tesla
Zachary J. Kirkhorn Master of Coin
Robyn M. Denholm Chairman
Ira M. Ehrenpreis Independent Director
James Rupert Murdoch Independent Director
Sector and Competitors
1st jan.Capi. (M$)
TESLA, INC.-13.09%924 296
NIO INC.-24.91%39 558
XPENG INC.-24.48%34 247
LI AUTO INC.-20.78%27 711
FISKER INC.-27.15%3 543
NIKOLA CORPORATION-24.62%3 013