Tesla November sales for China-made vehicles up 89.7% Y/Y
Xiaolu Chu

Tesla (TSLA) sold a record 100,291 China-made vehicles in November - up 89.73% Y/Y and 39.87% from October, Chinese trade publication CnEVPost reported Monday.
CnEVPost also said that between January-November, TSLA sold 655,069 China-made vehicles, up 62.86% Y/Y.
The U.S. automaker's Shanghai plant produces the Model 3 sedan and Model Y crossover. Cars for export are produced in the first half of each quarter, and those for local delivery in the second half.
Of 71,704 vehicles sold by Tesla Shanghai in October, 54,504 were exported and 17,200 vehicles were delivered locally, CnEVPost said.
Purchase subsidies offered on models below RMB 300,000 ($42,936) will expire at the end of the month. The expected delivery dates for the full Model 3 and Model Y lineup in China changed to December 2022. Prior to this change, all of these models showed expected delivery dates of 1-5 weeks. 
The change of delivery date to December 2022 is a relief for Chinese customers, as they can continue to receive a subsidy if they place their orders now, CnEVPost reported.
SA contributors give Tesla (TSLA) a Hold rating, while Wall Street analysts give it a Buy rating with target price of $279.94. The stock also has a Seeking Alpha Quant rating of Hold, with the lowest factor grades given to valuation and momentum.
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