Telsa China sales drop sharply in October: auto industry body

FILE PHOTO: A man finishes charging his Tesla car at a charging point outside Tesla China headquarters in Beijing, China July 11, 2018. REUTERS/Jason Lee/File Photo

BEIJING/SHANGHAI (Reuters) – Tesla Inc (TSLA.O) sold just 211 cars in China last month, a sharp drop versus a year ago, the country’s passenger car association told Reuters on Tuesday, underscoring how the Sino-U.S. trade war is hurting the electric carmaker.

A China Passenger Car Association official, one of the top industry bodies, said its data showed Tesla car sales in the world’s largest auto market fell 70 percent in October versus the year earlier period. The wider auto market has also slowed.

Telsa did not respond to repeated calls and written requests for comment on Tuesday.

Reporting by Yilei Sun and Adam Jourdan; Editing by Himani Sarkar

vCard QR Code

vCard.red is a free platform for creating a mobile-friendly digital business cards. You can easily create a vCard and generate a QR code for it, allowing others to scan and save your contact details instantly.

The platform allows you to display contact information, social media links, services, and products all in one shareable link. Optional features include appointment scheduling, WhatsApp-based storefronts, media galleries, and custom design options.

Our Standards:The Thomson Reuters Trust Principles.
source: reuters.com


🕐 Top News in the Last Hour By Importance Score

# Title 📊 i-Score
1 British couple killed in Italian cable car horror 'were 20 seconds from safety': How snapped wire sent victims swinging into pylon then plummeting 100ft when they were just moments from reaching their destination 🔴 75 / 100
2 UK wildfires expose ‘postcode lottery’ of firefighting resources, says union 🔴 75 / 100
3 Why are chocolate Easter eggs so expensive this year? 🔴 72 / 100
4 US lays out plans to hit Chinese ships with port fees 🔴 72 / 100
5 US government announces it has achieved ability to 'manipulate space and time' with new technology 🔴 72 / 100
6 As the trade war escalates, Hence launches an AI ‘advisor’ to help companies manage risk 🔴 72 / 100
7 Do you need a $599 gut test? What your poop can tell you about your health 🔴 65 / 100
8 Nancy Grace reveals the 'chilling' way Sean 'Diddy' Combs could walk free from sex trafficking charges 🔴 62 / 100
9 Warning over medication taken by MILLIONS that can trigger painful cough that lasts for months on end 🔵 52 / 100
10 Nothing John Mara has said indicates Joe Schoen, Brian Daboll face win-now edict 🔵 45 / 100

View More Top News ➡️