Tesla’s Sales in China Reach Their Highest Weekly Level in Q4:
Tesla sold 21,900 electric vehicles in China during the first week of December,
the highest weekly sales rate in the fourth quarter of this year.
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Tesla’s Sales in China Reach Their Highest Weekly Level in Q4
Tesla sold 21,900 electric vehicles in China during the first week of December,
the highest weekly sales rate in the fourth quarter of this year.
This performance comes after the company’s sales in the Chinese market exceeded 73,000 units in November,
representing Tesla’s best monthly performance in China this year.
Tesla, led by Elon Musk, produces the Model 3 and Model Y at its Shanghai factory,
which has an annual production capacity of up to one million units.
The Model Y continued to lead the list of best-selling electric cars in China,
with sales reaching 556,000 units last year.
The Impact of Potential U.S. Tariffs on Australian Economy
Andrew Hauser, Deputy Governor of the Reserve Bank of Australia,
stated that the direct impact of potential U.S. tariffs on Australia would be limited.
However, he noted that the global repercussions of the trade war could significantly affect economic activity,
including Australia’s economy.
Hauser explained that the significant impact would depend on China’s response,
as it is Australia’s largest trading partner. This highlights the importance of economic relations between the two countries.
He emphasized that Australia has practical tools to address such shocks,
including exchange rate flexibility and independence in monetary policy.
Regarding inflation, Hauser pointed out that the impact of tariffs on inflation rates in Australia remains uncertain.
Depending on economic conditions, tariffs could lead to either an increase or a decrease.
He stressed that the Reserve Bank of Australia is prepared
to take strong measures to achieve its economic objectives and maintain monetary stability.
Hauser added that the central bank does not adhere
to a specific inflation number as a condition for easing monetary policy.
Instead, decisions depend on aligning economic data with the bank’s expectations
and emerging sustainable trends indicating improved inflation in line with financial goals.
Tesla’s Sales in China Reach Their Highest Weekly Level in Q4