Tesla gains after being listed in Chinese government's rural campaign

ReutersJun 3, 2025 7:42 PM

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Tesla's TSLA.O shares are up ~2% to $348.77 on Tues after its electric vehicles were listed in a Chinese government-backed campaign to promote sales in rural areas

TSLA is on track to snap two straight sessions of losses

TSLA's Model 3 and Model Y vehicles entered a list of 124 electric vehicle and hybrid models, according to the Chinese industry statement on Tues

TSLA's cars made their debut this year after being absent in the annual campaign held at least since 2020

China is TSLA's biggest market after the U.S.

TSLA is down 13.6% YTD vs NASDAQ Composite Index's .IXIC 0.5% increase

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