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Tesla (TSLA) Sales Surge in China as European Demand Rebounds

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The Story

News Summary

  • Tesla reported a 39.4% year-over-year jump in May sales from its Shanghai plant, signaling strong momentum.
  • While European demand shows recovery, competitive pressure from BYD’s smart driving advancements remains a key hurdle as Tesla awaits regulatory approval for its own advanced driver-assistance features in China.
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TSLA price history

356.58 -16.41% over the displayed period

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