KEYPOINTS:
๐ This year's earlier Chinese New Year dampened sales across the industry, not just Tesla.
๐ Long-term growth forecasts for the EV market remain strong for 2024 & beyond.
๐ Tesla's ventures into FSD, AI, and Robotics offer exciting future growth potential beyond just car sales.
Disclaimer: This communication is provided for information purposes only and is not intended as a recommendation or a solicitation to buy, sell or hold any investment product. Readers are solely responsible for their own investment decisions.
ย
On March 5th, Teslaโs stock experienced a tumble of up to 7% following the release of February sales figures in China, which showed a 19% decrease compared to the previous year's Feb sales figures.