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Tesla gains as sales in China rebounded in May following a slide spurred by COVID-19 lockdowns

Source: yahoo.com yahoo.com
News Snapshot:

Tesla CEO Elon Musk gestures during the Tesla China-made Model 3 Delivery Ceremony in Shanghai on January 7, 2020. STR/AFP via Getty Images Tesla shares rose Thursday after the China Passenger Car Association said the EV maker sold 32,165 in May. May's figure jumped from April's 1,512 vehicle sold as the company dealt with COVID lockdowns in Shanghai. Vehicle production last month soared by 212% to 10,757. Tesla shares advanced Thursday as the company's sales surged in the Chinese market in May, recovering after auto makers halted production in the country because of lockdowns imposed by officials trying to limit…

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