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Tesla Expands Product Push as China Deliveries Slump 26%

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The Story

News Summary

  • Tesla showcased its Cybercab in Japan without a launch timeline and released a refreshed Model Y Performance in China, where August deliveries dropped 25.8% year-over-year.
  • Amid slowing sales and new inventory discounts in China, Tesla also rolled out Cybertruck PowerShare home backup in the U.S.
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