Tesla’s quarter-end cash, cash equivalents and investments stand at a healthy $37 billion.
Imports, which include vehicles from Tesla and BYD, now claim about 75% of overall EV sales in the country.
The report was initially shared by CNBC’s David Faber during a segment on the Faber Report.
Tesla stock reached as high as $488.54 per share in 2024, though it is trading at around $240 per share as of writing.
