Tesla's China Sales Plunge to 6-Month Low In October, Exports Rise

Tesla, Inc.’s (NASDAQ:TSLA) October sales in China took a hit as exports from its Shanghai plant surged.

Per a report by CnEV Post, the company sold 68,280 vehicles in total, with 27,795 units shipped overseas, according to data from the China Passenger Car Association (CPCA). This left Tesla with just 40,485 vehicles sold within China, marking its weakest month since April.

However, TSLA stock is on the rise, fueled by a post-election rally following Donald Trump’s victory in the 2024 presidential race.

The boost in Tesla’s stock may be tied to Elon Musk’s backing of Trump, which seemingly paid off with a

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