Tesla Gets Big Sales Boost From China

The video discusses Tesla's strong financial performance in the first quarter, surpassing analyst expectations despite a global chip shortage. The Biden administration's infrastructure plan is expected to boost the EV market, but it also increases competition for startups. The US EV market is projected to grow significantly by 2030, though it will still lag behind China.

What was the consensus analyst target price for Tesla that the company managed to surpass?

• $700

• $500

• $637

• $1000

Which automakers are mentioned as increasing competition for Tesla in the EV market?

• BMW and Mercedes

• Nissan and Hyundai

• GM and Ford

• Toyota and Honda

How much money has President Biden set aside for the EV industry in the US?

• $174 billion

• $200 billion

• $100 billion

• $250 billion

By what year is the US expected to increase its EV sales to 25% of total car sales?

• 2040

• 2035

• 2025

• 2030

Compared to the US, how much more is China expected to produce in terms of EV sales?

• Half as much

• The same amount

• Three times as much

• Twice as much