## Tesla News Highlights for May 13, 2025
### **1. Tesla’s Chinese Deliveries Drop Sharply**
Tesla’s deliveries in China have dropped to an alarmingly low level, as reported by insurance registration data. Last week, Tesla delivered only 3,070 vehicles in China—a 69% decrease compared to the same week last year. This decline comes despite full production ramp-up of the Model Y and significant discounts, including 0% financing. Notably, Tesla’s exports from China have also fallen, even as domestic competition from local EV makers like BYD and Geely intensifies. These weak delivery numbers continue a trend for 2025, with deliveries consistently trailing 2024 levels. Tesla is extending its aggressive 0% financing program through June 30 in an attempt to bolster demand[1].
### **2. U.S.-China Trade Deal Boosts Tesla Stock Outlook**
Tesla shares are set to open higher today, buoyed by weekend news that the United States and China reached a temporary trade truce on tariffs. Tariffs on American-made cars (including certain Tesla models) in China will drop from 125% to 30% for the next 90 days, while China will maintain a 10% tariff on U.S. goods. This de-escalation restores some clarity to market conditions, even if tariffs remain elevated. Analysts, including those at Morgan Stanley and TD Cowen, are optimistic: Morgan Stanley sees potential for a $5 trillion market in robotics led by Tesla’s development of the Optimus humanoid robot, and TD Cowen has upgraded Tesla stock with a new price target of $388[2].
### **3. Stock Price Analysis: Key Levels to Watch**
Technical analysis indicates Tesla’s stock closed above a critical support level of $295.34 last Friday, which signals a possible move higher. Over the next two to three weeks, analysts are watching for a potential advance toward the $350-$360 range, which includes key resistance and retracement levels from recent highs. This area is viewed as significant, and clearing it could signal further upside for Tesla shares[3].
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**Summary Table of Key Tesla Developments on May 13, 2025**
| Topic | Key Details |
|————————————–|——————————————————————————————|
| Chinese Deliveries | Down 69% YoY last week (3,070 vehicles delivered); exports also down; heavy discounts extended[1] |
| U.S.-China Tariff Truce | Tariffs on U.S. EVs in China cut to 30% for 90 days; TSLA stock futures up 1%[2] |
| Analyst Outlook & New Product Focus | Morgan Stanley: $5T robot market, TD Cowen upgrades TSLA to “Buy” ($388 target)[2] |
| Stock Technical Levels | Support at $295.34; watching resistance near $350-$360 for next 2-3 weeks[3] |
Tesla faces tough challenges in China, but the tariff easing and persistent innovation in robotics keep investor sentiment relatively positive today.