Tesla up by over 4.5% as China sales rebound - Breaking The News

Tesla up by over 4.5% as China sales rebound

5 September

1 min read

EPA-EFE/FILIP SINGER

Tesla Inc.'s shares soared by more than 4.5% on Tuesday after the China Passenger Car Association (CPCA) announced the sales of the company's electric vehicle (EV) in that country observed a monthly rise from July's 64,285 to 84,159 in August.

Meanwhile, data analyst firm Kantar published a list of the most valuable automotive brands in 2023, which Tesla topped.

Tesla's shares surged by 4.74% at 12:59 pm ET to sell for $256.6200 per share.

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