Movement Alert|Tesla Motors Rises 3.17% in Regular Trading, China September Deliveries Hit Record High

Market Focus
10/09

On October 9, Tesla Motors rose 3.17% in regular trading, trading at $387.005 per share, with turnover of $26.56 billion.

The move comes as Tesla's Shanghai Gigafactory delivered over 95,000 vehicles in September, up 10.7% month-over-month and a record for the year, according to the China Passenger Car Association. Domestic sales in China reached approximately 65,000 units, up 29.5% sequentially, also a yearly high, following multiple rounds of promotional activities.

Meanwhile, Tesla is rebranding its Full Self-Driving system as Tesla Assisted Driving in several European markets to facilitate regulatory approval, while Slovakia is expected to become the ninth EU country to authorize the driver-assistance technology.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

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