Tesla's Wild Ride: China & Turkey Sales Boost Stock

Tesla's stock got a jolt after strong August sales in China and Turkey, with China sales up over 20% from July and Turkey's Model Y sales skyrocketing 86%, making Tesla the second-most popular brand. Salesforce CEO Marc Benioff's visit to Tesla's factory and praise of their robotics, including the Optimus bot, added to the positive buzz. Despite some struggles in India and Europe, and lingering concerns about inflation and Full Self-Driving interest, Tesla's stock closed up about 2%. While still below its 52-week high and prone to volatility, long-term investors who held on for five years have seen their investment more than double, highlighting Tesla's continued growth potential. Hosted on Acast. See acast.com/privacy for more information.