Global EV demand is weak; Tesla Shanghai’s export also seems to be under pressure.
Tesla Shanghai Jan+Feb export number is down 22.5% yoy.
Overall (export+domestic) Tesla Shanghai Jan+Feb is down 6% yoy.
Looks to be a flattish or small growth year for Tesla SH in 2024.
Btw, looks like Elon Musk is really focusing on Grok, SpaceX, and Twitter.