Tesla's Shanghai Gigafactory Boosts November Deliveries

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Dec 03, 2024
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Tesla's Shanghai Gigafactory reported impressive electric vehicle delivery figures for November, reaching 79,000 units. This represents a 15% increase compared to the previous month.

The domestic market in China accounted for over 73,000 of these deliveries. This figure showcases a significant year-on-year growth of 12%, and a substantial monthly increase of 82%.

These numbers highlight Tesla's expanding influence and growing demand within the Chinese electric vehicle market, a key driver of the company's global strategy.

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I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.