Tesla Model 3 sales rise in May, but demand still hasn't fully recovered
by Russ Mitchell, Los Angeles Times
Jun 04, 2019
3 minutes
Tesla's sales of its Model 3 perked up in the U.S. in May, according to estimates from website InsideEVs, after a round of price cuts.
That goosed Tesla's depressed stock price, boosting it 6.6% to $190.75 around 1:45 p.m. EDT in New York.
But Tesla car sales will need to blast off in coming months if Chief Executive Elon Musk hopes to approach the 360,000 to 400,000 cars he told Wall Street he'd sell this year. Last year, Tesla sold about
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