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Old 04-15-2020, 07:58 AM   #1
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Default Tesla sales in China jump 450% as it bounces back from coronavirus

Filed under: Earnings/Financials,Green,Plants/Manufacturing,Tesla,Electric
The stock has jumped 28% in the past two days as investors look beyond disruptions caused by the pandemic, which has forced Tesla to close its California factory, furlough workers and cut salaries. Credit Suisse raised its rating on Tesla to "neutral" from "underperform," saying short-term changes in demand related to the outbreak will distract traditional automakers like General Motors and Ford Motor in their gradual transition toward electric vehicles. "Coronavirus disruption wiContinue reading Tesla sales in China jump 450% as it bounces back from coronavirus
Tesla sales in China jump 450% as it bounces back from coronavirus originally appeared on Autoblog on Wed, 15 Apr 2020 09:41:00 EDT. Please see our terms for use of feeds.


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