Early reports of Tesla's "strong" Feb "sales" left out critical data, like Model 3 sunk like an anchor, as I expected, and Model Y pace may already be slowing. March now hit with major Covid outbreak.
Tesla March monthly China retail sales weak as I expected at 65,754, so month & full Q1 trailed market estimates as I warned ( Tesla China Deliveries: Weaker And More Important Than You Think https://bondangle.substack.com/p/tesla-china-deliveries-weaker-and?s=w).
More bad news likely ahead with model breakdown when, as I suspect, M3 down y/y & MY pace notably slowed.
Tesla March monthly China retail sales weak as I expected at 65,754, so month & full Q1 trailed market estimates as I warned ( Tesla China Deliveries: Weaker And More Important Than You Think https://bondangle.substack.com/p/tesla-china-deliveries-weaker-and?s=w).
More bad news likely ahead with model breakdown when, as I suspect, M3 down y/y & MY pace notably slowed.