JL Warren Capital

JL Warren Capital LLC is a leading independent equity research firm focused on Chinese companies and listed multinationals in China. We employ a bottom-up research approach that takes great care to avoid the acquisition of material non-public information. Through investigative due diligence including channel surveys and interviews, our research helps clients to pinpoint the dislocations in the market.

Investment Advisors

Tesla Triangle Break Points and Structural Bear Levels

Investment Advisors, JL Warren Capital

Junheng Li

Equity Bottom-Up

<p>In June, China Customs cleared 6,039 imported Tesla, of which 1,361 cars arrived last month and 4,678 cars arrived in April, but clearance was delayed due to a need for additional paperwork.   </p><p>According to data released by China Customs, 1,807 battery electric passenger vehicles were imported in June.  Tesla counts for 75% of total volume, while <a href="https://www.smartkarma.com/entities/bayerische-motoren-werke-ag" target="_blank" data-smartkarma-citation="entities:21591:1" rel="noopener">Bayerische Motoren Werke Ag (BMW GR)</a> , <a href="https://www.smartkarma.com/entities/volkswagen-ag" target="_blank" data-smartkarma-citation="entities:21738:1" rel="noopener">Volkswagen (VOW GR)</a> , <a href="https://www.smartkarma.com/entities/tata-motors-ltd-spon-adr" target="_blank" data-smartkarma-citation="entities:12763:1" rel="noopener">Tata Motors Ltd Spon Adr (TTM US)</a> JLR and other foreign OEMs shipped less than 446 units to China. </p>

In June, China Customs cleared 6,039 imported Tesla, of which 1,361 cars arrived last month and 4,678 cars arrived in April, but clearance was delayed due to a need for additional paperwork.   According to data released by China Customs, 1,807 battery electric passenger vehicles were imported in June.  Tesla counts for 75% of total volume, while Bayerische Motoren Werke Ag (BMW GR) , Volkswagen (VOW GR) , Tata Motors Ltd Spon Adr (TTM US) JLR and other foreign OEMs shipped less than 446 units to China. 

TSLA China Update: June Import and Registration Data