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Tesla (TSLA) Tumbles on China Sales Drop; Cuts Model 3 Price to Spur Demand | ReutersRefinitiv | Login to see the signal | |
Tesla's China-made EV sales drop on year in August, but jump on monthSummaryTesla's China-made EV sales fell 4% year-on-year in August despite a 22.6% month-on-month jump in Model 3/Y deliveries; Tesla cut Model 3 prices and launched a six-seat Model Y L amid rising competition from BYD and Xiaomi. |
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