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HomeTeslaTesla reports strong June on the production side in China

Tesla reports strong June on the production side in China

(AOF) – The American automaker sold around 78,000 vehicles produced in China in June, an increase of 142% compared to May, according to preliminary data published today by the China Passenger Car Association (CPCA), the industry federation. Despite a drop in deliveries in the second quarter compared to the first, which heckled the title on the stock market yesterday, the American group remains on a record month of June in terms of production.

UBS also maintains its positive opinion on the stock with a buy recommendation. The target price is not modified at 1100 dollars.

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