Connect with us

Business

Tesla’s China sales tumble 27% in April from March – CNBC

Tesla’s sales decline came amid an overall drop for new energy passenger cars in China, and increased scrutiny from regulators on the electric car company.

Published

on

Article feature image
ADVERTISEMENT

BEIJING One gauge of Tesla’s success in China pointed to a sharp drop in sales in April.
The U.S.-based electric car company sold 25,845 made-in-China vehicles last month, down 27% from 35,478 in March, according to figures released Tuesday by the China Passenger Car Association.
The report noted that in April, Tesla exported 14,174 cars from its Shanghai factory. The association did not disclose Tesla’s export figures for March.
Tesla’s sales decline came amid an overall 12% month-on-month drop…

Click here to view the original article.

Continue Reading
Advertisement

You might also like ...

Article feature image
NASA ‘keeping eye’ on Jeff Bezos and other space astronaut billionaires – Fox Business
Article feature image
For third-party sellers, Amazon Prime Day can be a double-edged sword – Yahoo Finance
Article feature image
A Stock Market Crash Is Coming: 5 High-Conviction Stocks to Buy Hand Over Fist When It Happens – Motley Fool