Tesla shares are trading higher after reports suggesting that the company's May retail sales in China rose almost 23% year-over-year and exports from its Shanghai factory rose almost 68% year-over-year.

Tesla Motors, Inc.

Tesla Motors, Inc.

TSLA

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Tesla shares are trading higher after reports suggesting that the company's May retail sales in China rose almost 23% year-over-year and exports from its Shanghai factory rose almost 68% year-over-year.