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    TSLA   US88160R1014

TESLA, INC.

(TSLA)
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Tesla assures Chinese car owners after auto show protest

04/26/2021 | 01:15pm EDT
FILE PHOTO: Visitors wearing face masks check a China-made Tesla Model Y sport utility vehicle (SUV) at the electric vehicle maker's showroom in Beijing

(Refiles to fix typos in final paragraph)

BEIJING (Reuters) - U.S. electric vehicle maker Tesla Inc told customers in China on Monday that problems with how the company addresses customer issues will be solved after a social media storm caused by a protest at the Shanghai auto show last week.

An unhappy customer clambered atop a Tesla at the show to protest the company's handling of her complaints about malfunctioning brakes involved with a car accident.

The incident got wide attention and Tesla apologised to Chinese consumers for not addressing a customer's complaints in a timely way, and said it would launch a review of its service operations in the world's biggest auto market.

On China's Twitter-like Weibo, Tesla, which is making Model 3 sedans and Model Y sport-utility vehicles in Shanghai, posted pictures of milk tea and coffee sent by owners to its staff and said thanks to customers. It also apologised for pressure it brought to customers.

In earlier posts, it said it has contacted the customer and is working with the local market regulator to investigate the car accident.

This story refiles to fix typos in final paragraph.

(Reporting by Yilei Sun and Tony Munroe; Editing by Dan Grebler)


© Reuters 2021
Stocks mentioned in the article
ChangeLast1st jan.
CLASS III MILK FUTURES (DC) - CMG (ELECTRONIC)/C1 0.23% 17.33 End-of-day quote.9.43%
CLASS IV MILK?FUTURES (GDK) - CMG (ELECTRONIC)/C1 -0.48% 16.48 End-of-day quote.19.51%
DRY WHEY?FUTURES (DY) - CMG (ELECTRONIC)/C1 0.00% 64.625 End-of-day quote.46.21%
NONFAT DRY MILK FUTURES (GNF) - CMG (ELECTRONIC)/C1 -0.16% 126.8 End-of-day quote.12.49%
S&P GSCI CLASS III MILK (USD) -1.20% 130.8276 Delayed Quote.-1.49%
TESLA, INC. 1.09% 623.31 Delayed Quote.-11.67%
WEIBO CORPORATION -1.21% 47.55 Delayed Quote.16.03%
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Financials (USD)
Sales 2021 49 399 M - -
Net income 2021 3 430 M - -
Net cash 2021 8 942 M - -
P/E ratio 2021 199x
Yield 2021 -
Capitalization 600 B 600 B -
EV / Sales 2021 12,0x
EV / Sales 2022 8,78x
Nbr of Employees 70 757
Free-Float 80,4%
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Technical analysis trends TESLA, INC.
Short TermMid-TermLong Term
TrendsNeutralNeutralBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 35
Average target price 654,03 $
Last Close Price 623,31 $
Spread / Highest target 92,5%
Spread / Average Target 4,93%
Spread / Lowest Target -75,9%
EPS Revisions
Managers and Directors
NameTitle
Elon Reeve Musk Technoking of Tesla
Zachary J. Kirkhorn Master of Coin
Robyn M. Denholm Chairman
Ira M. Ehrenpreis Independent Director
Antonio J. Gracias Independent Director
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