Chinese EV Makers Pull Away From Tesla With Sales Gains - Barron's
1. Chinese EV makers reported strong May sales growth, whereas Tesla's sales lag. 2. Tesla's April sales in China were down 6% YoY, retail sales down 23%. 3. Investors remain optimistic about Tesla's future due to AI self-driving prospects. 4. Tesla plans to launch a robotaxi service imminently, enhancing growth potential. 5. Despite Tesla's sales drop, its stock rose nearly 100% over the past year.