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Gordon Johnson: Tesla Just Posted Its Second Straight Sequential Decline In Shanghai Sales Numbers

December 9, 2021
Source: globalintelhub.com globalintelhub.com
News Snapshot:
By Tyler Durden, Gordon Johnson of GLJ Research is out with a note on Wednesday morning stating that Tesla missed the consensus estimate of 57,800 sales in China for November. His note says that CPCA data reported that Tesla posted sales of 52,859 units, which break down to 31,732 domestic deliveries and 21,127 vehicles made in China and exported to the rest of the world. Johnson notes that this is the second consecutive month sales out of the Shanghai plant declined. The sequential decline comes "despite higher production in each of the past two months – and this is despite...
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Tags: auto | China | Chinese | data | delivery | electric vehicle | Europe | Exports | factory | Germany | IT | made in China | manufacturing | market share | plant | production | research | sales | Shanghai | share | Tesla | Texas | Total

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