The market initially thought what Elon Musk said two years ago about selling and delivering 500K units of vehicles was nothing but a joke, though the target is highly likely to be achieved within this year, and the shares of Tesla had surged under the bull market this year. Analysts believe that Tesla would require 2-3 years of time to achieve the sales of 500K units outside of China, and the Nikkei’s interview with market experts also disclosed that the significance of China resembles the heart and lungs of Tesla. ...  more
Analysts: China is the Heart and Lungs for Tesla as the Country Provides Factories and Market |
published: 2020-12-25 9:11 |