News Snapshot:
Tesla (TSLA) stock sank Tuesday morning as weekly vehicle registration data out of China suggest the global EV giant's year-end incentives were not enough to prop up Tesla deliveries. X Insurance data suggested China's total new energy vehicle (NEV) sales from Dec. 19- Dec. 25 were about 182,000 units. That's up 48% compared to last year and a 12.6% increase from the previous week, CnEVPost reported Tuesday. However, despite end-of-year discounts, Tesla registrations fell to an estimated 8,915 on the week. Tesla registrations for the first three weeks of December were 11,670, 12,977 and 10,254, respectively. As China has eased...
