Tesla had received strong backing from the Chinese government when it built China’s first wholly foreign-owned car plant in 2019. But in recent months it has grappled with regulatory scrutiny over how it handles data as well as consumer complaints over product safety and other issues.
"It seems the negative news did not really hurt loyal demand. Consumers have very high confidence in Tesla's product," Yale Zhang, managing director at Shanghai-based consultancy Automotive Foresight, said. Investors will also keep an eye on the planned expansion of Tesla's so-called full self-driving beta software. Tesla started widening access to the software earlier this month, having tested the new advanced driver-assistant program with about 2,000 people for a year.
Unlike most of his peers at the top of big tech companies, Musk said during a call in July that he was unlikely to attend earnings calls with investors and analysts.
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