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Tesla China wholesale numbers are unimportant, according to researcher Troy Teslike who tracks Tesla Inc.’s (NASDAQ:TSLA) production and delivery numbers.
What Happened: The China Passenger Car Association (CPCA) releases Tesla China’s wholesale data every month. This includes both the number of vehicles sold within China and those exported to countries including some in Europe.
According to Tesla, this wholesale figure is unimportant as it includes exports.
“If Giga Shanghai exports are low, it doesn’t mean sales will be low. Giga Berlin could be supplying more cars,” Teslike said.
Low exports do not necessarily mean sales will be low as the company might have plenty of inventory. Likewise, high export numbers do not mean sales …
