From Google: 2024-08-01 10:07:00

Chinese electric vehicle (EV) deliveries are seeing improvement, but this has not boosted car stocks like Tesla. Despite the increase in EV sales in China, companies like Tesla are not seeing a positive impact on their stock prices.

Companies like Tesla, Nio, and Xpeng are still facing challenges with their stock prices, even with the rise in EV deliveries in China. This disconnect between EV sales and stock performances is creating uncertainty in the market.

Tesla’s stocks have been struggling despite the overall growth in Chinese EV deliveries. This highlights the unique challenges facing electric vehicle companies in the stock market, as improving sales numbers do not always translate to stock price increases.

The challenges faced by Tesla and other car stocks in China point to larger issues in the EV market. Despite the growth in deliveries, companies are still struggling to see positive impacts on their stocks, creating uncertainty among investors.



Read more at Google: Chinese EV Deliveries Show Improvement. It’s Not Helping the Car Stocks, Including Tesla. – Barron’s