Tesla Down 7% AH

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Elon Musk Just Said Tesla Sales Are Tanking In China, Sending Stock Down 7%



REUTERS/Lucy Nicholson Elon Musk.

Elon Musk took the stage Tuesday at the Detroit Auto Show, speaking at the  Automotive News World Congress at the Renaissance Center in downtown Detroit.

He dropped a bomb right away when he said that Tesla sales were down in China for the fourth quarter of 2014.

That sent Tesla stock into a tailspin after-hours, down 7% to $190 per share.

The problem, according to Musk, is perception: Potential Chinese customers don't think China's charging network is sufficiently built-out to ensure that the cars can cover significant distances. He said that perception has been dealt with.

In fact, the Chinese charging network is slated to expand, but it's currently not nearly as extensive as what Tesla has in the US and Europe.

源济

谢谢！

mitwkwk

我等他去160捞，186可能有个小反弹

wsjboy

Gray EE




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