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China to remove 11 steel companies from qualified enterprise listChina's industry ministry on Tuesday said it would remove 11 steel firms fr...
Source: Reuters - 🏆 2. / 97 Read more »
Tesla sales in China plunge 70 percent in October, according to auto industry bodyTesla sold just 211 cars in China last month, a sharp drop versus a year ago, the country's passenger car association told Reuters on Tuesday, underscoring how the Sino-U.S. trade war is hurting the electric carmaker. Ooh what have they realised ? Report cannot be true. A drop of year ago sales by 70% to 211 this Oct 2018 implies Tesla sold about 703 cars (Model S&X) in Oct 2017. But Tesla 2017 total sales in China was $2.0 billion At avg price of $125K (25% tariff) comes to 16K cars/yr or 1334/mth
Source: CNBC - 🏆 12. / 72 Read more »
Tesla China sales plunge 70 percent in October: auto industry bodyTesla Inc's vehicle sales in China sank 70 percent last month from a year a... Sell Tesla to India. There may be something wrong with your electriccars Elon. Send me one and I'll test that sucker out. ;) Actually, is that one floating in space fair game? Fascist economy is unsustainable. Because it is not directed by the market, it’s directed by political agenda.
Source: Reuters - 🏆 2. / 97 Read more »