Tesla rises after filing new model in China
ReutersJul 16, 2025 3:14 PM
Tesla's shares TSLA.O are up 3.13% to $320.53 on Wed following report it plans new six-seater model in China
TSLA registered plans for a new six-seater Model Y L in China with a wheelbase of 3,040 mm, according to a filing on a Chinese govt ministry website on Wed
TSLA made similar post with images of the car on its Weibo account
China is TSLA's second largest market after the U.S.
Among 53 analysts that cover TSLA, avg rating is "HOLD" and median PT is $300
TSLA is down 20.9% YTD vs NASDAQ Composite Index's .IXIC 7.1% increase
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