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China's CPCA says China sold 1.47mln passenger cars in July (vs 1.651mln in June, -21.1% Y/Y); Tesla (TSLA) exported 66,330 vehicles in July (vs 36,000 in June)

StockNow breaking-news AI analysis

Despite a 21.1% drop in China's July auto sales, Tesla's exports doubled. Investors now weigh heavy valuation against rapid software and FSD growth amid weak traditional vehicle margins.

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