The U.S.-based electric car company sold 27% fewer made-in-China cars in April versus March, according to figures released Tuesday by the China Passenger Car Association.
Tesla's sales decline came amid an overall 12% month-on-month drop in April for new energy passenger cars in China, and increased scrutiny from regulators in the last several months on Elon Musk's automaker. The report showed Guangdong-based BYD, which is backed by U.S. billionaire Warren Buffett, came close behind Tesla in terms of new energy car sales in April, which rose from March.A gigafactory of electric carmaker Tesla is seen in Shanghai, China October 18, 2019.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.
Down 67%, as has been confirmed by multiple sources. They added the 14k exports into the 25k number.
HourForHoliness 교회가 배교를 피하기 위한 방법은 계속해서 구원을 가장 거룩한 믿음 위해 짓고 믿을 버리지 않으며 하나님 사랑에 남아있는 것입니다.
Because they are exporting to Europe with someone of the allocation.
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: Forbes - 🏆 394. / 53 Read more »