Tesla Cybertruck received the "Automobile Energy Consumption Label" One step closer to pickup sales in China.
1) Yan Chang (via Sawyer Merritt):
Tesla’s Cybertruck has passed the specification declaration of China’s Ministry of Industry and Information Technology and is expected to enter the Chinese market in the near future.
2) Teslarati
CNEV Post is reporting that Tesla has received an Automobile Energy Consumption Label for the Cybertruck after completing a filing with the Ministry of Industry and Information Technology (MIIT). Specs of the Cybertruck, including range, weight, and peak power, are available on the MIIT database, where the Chinese government has it listed as an M1 passenger vehicle.
This is just one of several moves Tesla needs to make for regulatory approval for the Cybertruck in China. The energy consumption is among several other things that need to happen in order for the Cybertruck to be eligible for sale.
This is just one of several moves Tesla needs to make for regulatory approval for the Cybertruck in China. The energy consumption is among several other things that need to happen in order for the Cybertruck to be eligible for sale.
My Take
Tesla stock has just hit a new ATH $429.27 +84.2% (3 months) and +70.4% YTD. There is no sign of "Tesla bears firing back". Read here:
TA Chart Tesla stock: Are the bears going to fire back?
TA Chart Tesla stock: Are the bears going to fire back?
This is not the first time TA chart and indicators showed a fakeout in Tesla stock. This article showa that the share price surge is driven by strong company's fundamentals.
Source:
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ZnWC
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I reflect trading experience by writing journals. My posts and comments are for education purpose not financial advice.
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Jeremyyyy : Yesterday's news is released today.
ZnWC OP Jeremyyyy : All your posts have less than 10 words. I suggest you do more homework about the stock before making comments.