Changes in US stocks | Tesla (TSLA.US) erases a decline of more than 6% at the beginning of the session and is now up more than 2%

The Zhitong Finance App learned that on Wednesday, Tesla (TSLA.US) stock prices turned up intraday and fell more than 6% earlier. As of press release, the stock had risen more than 2% to $274.53. On the evening of April 2, according to data from the Passenger Federation, in the first quarter of 2025, Tesla's Shanghai Gigafactory delivered more than 172,000 Model 3 and refurbished Model Y vehicles, and its sales volume in China reached 137,200 units, setting the highest record for the first quarter since 2022. On the same day, Tesla released its global production and delivery report for the first quarter of 2025. The installed capacity of energy storage products reached 10.4 gigawatt-hours, an increase of 157% over the previous year. With the commissioning of the Shanghai Energy Storage Gigafactory, the energy storage business will continue to grow rapidly. According to a report by the Passenger Federation, Tesla's Shanghai Gigafactory delivered more than 78,800 vehicles in March. The latest data shows that from March 24 to March 31, Tesla's weekly sales volume in China reached 21,000 units, setting the record for the highest weekly sales in 2025 for five consecutive weeks. As of March, Tesla's cumulative sales volume in China in 2025 has surpassed the same period in 2024. Since delivery began, the new Model Y has maintained its position as the domestic passenger car sales champion.