Tag Archives: Gigafactory

Reuters Tesla’s meteoric rise is set to continue as it capitalizes on robust growth from China, according to Wedbush. In a note published on Sunday, Wedbush said that in a bull scenario, Tesla could jump another 71% from current levels to $ 3,500. Pent-up demand for its cars in China, …

Bloomes’ registration of China-made cars in the world’s largest car market dropped 24 percent month-on-month to 11,456 in July, Bloomberg reported, citing data from state-sponsored China Automotive Information Net. The lower registrations in China for China-made Teslas come as Tesla’s main competitors saw their registrations increase. NIO, for example, saw …