Tesla: The Future Trend of Clean Energy is Positve

Tesla's (NASDAQ: TSLA) (TSLA.US) sales in China increased to 12,728 in May, and exports to Europe also increased to nearly 10,000. At the same time, sales in the United States also increased by 73% from the previous month to 28,800. On June 8th, the Passenger Association announced the retail sales of new energy passenger vehicles in May, an increase of 177.2% year-on-year to 185,000 units. According to the data, although affected by core shortages and other issues, there were basically no obvious sales of new energy vehicles. loss. It is reported that Tesla (TSLA.US) sold 33,463 vehicles (including exports) in May, a year-on-year increase of 202% and a month-on-month increase of nearly 30%. Model 3 exports also reached 11,527, most of which were exported to the European market. Tesla’s sales in the European market increased from 1244 in April to 9,143. At the same time, as the birthplace of Tesla, the United States had 28,800 sales in May, a 73% increase from the previous month. It is most likely to be stimulated by the new US new energy subsidy policy in May. Tesla will benefit from accelerated electrification of the market in the next few years. Moreover, US President Biden's $174 billion plan to accelerate electrification has not yet been realized. Due to Tesla’s unique order-based production method, it will not be negatively affected in the short term. Sales in April declined, mainly due to the decision based on user orders in February and March, so sales in May The increase was also due to the large number of orders received in March and April. Generally speaking, Tesla has not been affected by too much outside public opinion, and most users still support it.

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Tesla: The Future Trend of Clean Energy is Positve

Jun 14, 2021

bullish

general Analysis

[1 min Read]

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Tesla's (NASDAQ: TSLA) (TSLA.US) sales in China increased to 12,728 in May, and exports to Europe also increased to nearly 10,000. At the same time, sales in the United States also increased by 73% from the previous month to 28,800.

On June 8th, the Passenger Association announced the retail sales of new energy passenger vehicles in May, an increase of 177.2% year-on-year to 185,000 units. According to the data, although affected by core shortages and other issues, there were basically no obvious sales of new energy vehicles. loss.

It is reported that Tesla (TSLA.US) sold 33,463 vehicles (including exports) in May, a year-on-year increase of 202% and a month-on-month increase of nearly 30%. Model 3 exports also reached 11,527, most of which were exported to the European market. Tesla's sales in the European market increased from 1244 in April to 9,143. At the same time, as the birthplace of Tesla, the United States had 28,800 sales in May, a 73% increase from the previous month. It is most likely to be stimulated by the new US new energy subsidy policy in May.

Tesla will benefit from accelerated electrification of the market in the next few years. Moreover, US President Biden's $174 billion plan to accelerate electrification has not yet been realized.

Due to Tesla's unique order-based production method, it will not be negatively affected in the short term. Sales in April declined, mainly due to the decision based on user orders in February and March, so sales in May The increase was also due to the large number of orders received in March and April. Generally speaking, Tesla has not been affected by too much outside public opinion, and most users still support it.

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TSLA

Tesla, Inc.

702.80

1.20
0.16%

Return

13.78%
Change % Since Posting
85.11
Change Since Posting
617.69
Price When Posted

Metrics

707.80
Target Price
6/ 10
Confidence
1-2 Months
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