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home / news releases / TSLA - Tesla tipped for strong Q2 with China demand looking strong

TSLA - Tesla tipped for strong Q2 with China demand looking strong

Tesla Inc.
Tesla (TSLA) is off to a strong start in Q2 and is on track to comfortably top 200K units delivered in the quarter despite chip shortages and production issues across the industry, updates Wedbush Securities analyst Dan Ives. Ives and team also believe the China EV delivery numbers that come out over the coming weeks will show that April and May demand was strong not just for Tesla, but domestic EV players such as Nio (NIO), Xpeng (XPEV), Li Auto (LI) as well amid robust demand in the key region. Tesla received some exposure on over the weekend when CEO Elon Musk hosted Saturday Night Live. In addition, advertisements aired by Lucid Motors ([[LUCIDM]], [[CCIV]]), Ford (F), and Volkswagen (VKWAGY) showcased their respective flagship electric vehicles in spots aired during the broadcast. Related: Dogecoin tumbles after Elon Musk SNL appearance

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Tesla tipped for strong Q2 with China demand looking strong
Stock Information
Company Name: Tesla Inc.
Stock Symbol: TSLA
Market: NASDAQ
Website: tesla.com
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