This is BS. Lol
Tesla's EV Sales Are Falling in China, Too. Why You Shouldn't Freak Out Just Yet. -- Barrons.com
Tesla stock was lower in early trading Friday after January data from China revealed a drop in sales. Investors, however, shouldn't get to worked up over January's numbers.For the month, Telsa sold 63,238 from its plant in Shanghai, according to the China Passenger Car Association. Tesla doesn't report monthly or regional sales numbers. That's down 11.5% year over year and down almost 33% from December.Tesla stock was off 0.8% in premarket trading at $371.53, while S&P 500 and Dow Jones Industrial Average futures were both close to flat.Investors are starting to get nervous about falling sales. Tesla's Californian sales dipped 8% year over year in the fourth quarter, its fifth consecutive quarterly decline.More recently, Tesla's January sales in France dipped 63% year over year. In Germany, where CEO Elon Musk said at a recent political rally there was "too much of a focus on past guilt," as Germany remembered the freeing of the last people from the concentration camp of Auschwitz, Tes
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