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Tesla Slips as China August EV Retail Sales Drop 12% Year-Over-Year

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

News Summary

  • Tesla's August retail sales in China dropped 12.4% year-over-year to 50,047 units, marking its weakest August since 2022.
  • Tesla significantly lagged market leader BYD amid fierce domestic competition, though factory exports from Shanghai rose 38.7% over the same period.
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TSLA price history

365.44 -12.53% over the displayed period

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