Tesla Model 3 sales in China plunge 64% in April


Elon Musk, chief executive officer of Tesla Inc., speaks during an event at the site of the company’s manufacturing facility in Shanghai, China, on Monday, Jan. 7, 2019.

Qilai Shen | Bloomberg | Getty Images

Sales of Tesla’s Model 3 sedan in China fell over 64% in April compared with the previous month, despite a recovery in the electric car market, according to data from an industry body released on Monday.

Tesla sold 3,635 Model 3 cars in April — down from 10,160 in March, the China Passenger Car Association (CPCA) said. 

That fall comes despite a 9.8% month-on-month rise in electric car sales in China in April. The CPCA reported that it is also seeing a bounce back in demand…


As JC Penney goes bankrupt, some question if it should emerge

Previous article

Dud stock picks, bad industry bets, vast underperformance — it’s the end of the Warren Buffett era

Next article

You may also like

Leave a Reply

Notify of

More in Autos