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Tesla (TSLA) Rebounds in China Amid Slowing Market and Subsidy Cuts

Reuters Read original source (opens in a new tab)
The Story

News Summary

  • China's car sales dropped 8.5% in November, with government subsidy fades impacting demand.
  • Tesla's China sales rebounded to 73k units, facing strong competition from rivals.
  • EV exports are expected to grow strongly in 2026 amid rising competition and policy shifts.
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TSLA price history

358.97 -14.41% over the displayed period

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