Tesla China Deliveries Set EV Maker for Strong '21, Wedbush Says


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Tesla is on pace to deliver 850,000 vehicles in 2021, a strong trajectory, according to Wedbush analyst Dan Ives. Author: Tony Owusu Publish date: Apr 9, 2021 9:55 AM EDT Tesla's ( TSLA ) - Get Report March deliveries in China create a strong trajectory for the electric-vehicle major into the rest of 2021, Wedbush analyst Dan Ives says. The China Passenger Car Association on Friday reported its March numbers, showing that Tesla delivered 35,500 vehicles, about double the February figure. "The narrative is [clear: Despite] the haters and bears focused on China EV sales softening in January, we have...