Tesla sales in China plunge 70 percent in October, according to auto industry body

  • 📰 CNBC
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 72%

United Kingdom News News

United Kingdom United Kingdom Latest News,United Kingdom United Kingdom Headlines

Tesla 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.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

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

Ooh what have they realised ?

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in UK

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

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 »