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Tesla sold 70,847 vehicles in China in December, with 308,600 vehicles delivered in the fourth quarter

Tesla sold 70,847 vehicles in China in December, with 308,600 vehicles delivered in the fourth quarter

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Zijin Finance News on January 11 According to the monthly data released by the National Passenger Car Market Information Joint Association, Tesla sold 70,847 vehicles in China in December, of which 245 were exported.

Tesla delivered a new record of 308,600 vehicles in the fourth quarter, with deliveries up 87% to 936172 units in 2021. Dan Ives, managing director of previous investment firm Wedbush, expects Tesla's market capitalization to reach $2 trillion in about 18 months.

Goldman Sachs analyst Mark Delane said in the investment report that we believe Tesla has the greatest advantage in the transition to electric vehicles given its leading edge in the field of electric vehicles (which includes vertical integration, soft and hard combination, charging station network and brand), focus on a wider range of clean transportation. We expect that with the increase in Model Y production and the commissioning of the Austin and Berlin factories, Tesla's medium-term profit margin will increase, and the increase in the proportion of software revenue will increase its long-term profit margin.

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