Tesla Stock Eyes A New Base As China Vehicle Registrations Still Look Good.

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  • Author(s): NORTON, KIT (AUTHOR)
  • Source:
    Investors Business Daily. 8/27/2024, pN.PAG-N.PAG. 1p.
  • Additional Information
    • Subject Terms:
      STOCK prices; INVESTORS; GENERAL Electric Co.; BUSINESS revenue; ELECTRIC vehicle industry; TESLA Inc.; INDIVIDUAL investors; TARIFF
    • Abstract:
      According to a recent report, Tesla's vehicle insurance registrations in China dropped slightly last week. However, registrations in China are still up 30% compared to last quarter and have increased 10.3% compared to a year ago. In contrast, other EV producers in China saw an increase in insurance registrations. Additionally, Canada announced 100% tariffs on China-made electric vehicles, which could impact Tesla's exports to Canada. Tesla's stock has experienced some fluctuations and is currently down around 14% for the year. [Extracted from the article]
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