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Added on the 05/03/2019 23:01:23 - Copyright : Garmin
On Monday, Tesla's stock hit a record high. The increase comes amid a report from Reuters that Tesla gained approval from China to sell its Model Y SUV in the country. Tesla has built up its manufacturing capabilities in Shanghai to produce the Model Y SUV. The company already sells its Model 3 in the country. Business Insider reports the company sold 13,000 vehicles in the country last month.