Tesla's China-made EV sales dropped 6% in April, exports to markets like Europe & China accounted for majority. Tesla faces competition from Chinese rivals, while expanding to India & Saudi Arabia. Q1 deliveries & production also down amid disruptions and weakening demand. Stock down 0.77%.
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| What Is Going On With Tesla Stock On Wednesday?
Tesla's China-made EV sales dropped 6% in April, exports to markets like Europe & China accounted for majority. Tesla faces competition from Chinese rivals, while expanding to India & Saudi Arabia. Q1 deliveries & production also down amid disruptions and weakening demand. Stock down 0.77%. More Info ➔ | | | | | | Warning: China Launches AI Attack on America - Ad
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Rivian Automotive Inc. (NASDAQ: RIVN) is investing $120 million to build a supplier park in Normal, Illinois, aimed at accelerating EV production and adding nearly 100 direct jobs. The park will house key suppliers near its main plant to improve supply chain efficiency. More Info ➔ | | | | | | |
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