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Tesla Sales Crippled In World's Biggest EV Country
Tesla’s China retail sales fell 12.4% as the broader EV market dropped 24%, underscoring pressure from weaker demand and rising competition.
Summary by 24/7 Wall St.
5 Articles
5 Articles
BEV sales grow in China in August, everything else drops - including Tesla
China has posted another month of increased sales for pure battery electric vehicles, while every powertrain that has an engine is down compared to last year. But despite the increase in BEV sales, Tesla sales are down for a third-straight month. more…
·Fremont, United States
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Tesla Needs Record September to Hold China Quarter After August Drop
Tesla sold 50,047 vehicles in China in August, down 12.4% from a year earlier and the third consecutive monthly decline, according to China Passenger Car Association data released on Tuesday, a day after the company put cash discounts on its inventory for the first time in about 20 months.
Coverage Details
Total News Sources5
Leaning Left1Leaning Right0Center1Last UpdatedBias Distribution50% Left, 50% Center
Bias Distribution
- 50% of the sources lean Left, 50% of the sources are Center
50% Center
L 50%
C 50%
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