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MarketBeat
Business
Sam Quirke

Tesla’s Big China Sales Spike Didn’t Excite Investors—Here’s Why

Tesla Inc. (NASDAQ: TSLA) just delivered the kind of headline that historically would have generated some serious upside in the stock. The company’s Chinese sales for February jumped more than 90% year over year, making it one of the strongest delivery figures the company has reported in months.

Under normal circumstances, a surge of that magnitude would be interpreted as clear evidence that demand is rebounding in one of Tesla’s most important markets. Especially given that investors have had to endure months of sliding delivery figures across the board. 

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