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TSLA
Benzinga
11 hrs

Tesla Finally Gets Good News In Europe: Is The EV Giant Returning To Form?

1. Tesla's European vehicle registrations surged 25.3% last week. 2. Sales are up 6.3% quarter-over-quarter, despite YTD decline. 3. Predictions of 72,000 units sold in China this September show strong potential. 4. Overall global deliveries totaled 384,000, down 14% YoY. 5. TSLA stock increased by 3.1% amid these developments.

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FAQ

Why Bullish?

The surge in registrations and positive forecasts indicate a potential turnaround, similar to 2022 post-demand slump.

How important is it?

The article highlights key demand recovery indicators that can strongly influence TSLA's market perception.

Why Short Term?

The immediate positive trends in sales and registrations may boost investor confidence quickly, affecting Q3 results.

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