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Tesla's $196.32 Billion Trading Volume Ranks Second as China Sales Decline
Generated by AI AgentAinvest Market Brief
Wednesday, May 7, 2025 7:52 pm ET1min read
On May 7, 2025,
(TSLA) saw a trading volume of $196.32 billion, ranking second in the day's stock market activity. The stock price increased by 0.32%.Tesla's vehicle deliveries in China have been declining. In April 2025, the company sold 58,459 vehicles, marking a 6% year-over-year decrease and a 25.8% drop from March. This decline is attributed to various factors, including Chinese buyers preferring domestic brands amid trade tensions. Tesla is attempting to mitigate this by emphasizing that its electric vehicles are 'made in China'.
Tesla has launched a cheaper Model Y RWD in the US, priced at $45,000. This new entry-level Model Y follows a design refresh earlier this year. Additionally, Tesla has confirmed that Cybertruck owners will not receive the Autosteer feature they paid for, instead receiving a year of 'Supervised Full Self-Driving'.
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