Tesla’s China-Made Vehicles See Sales Crash 24% In July

Tesla’s China-Made Vehicles See Sales Crash 24% In July

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Tesla’s registrations of China-made vehicles in the world’s largest auto market slumped by 24 percent month over month to 11,456 in July, Bloomberg reported, citing data from state-backed China Automotive Information Net. The lower registrations in China for China-made Teslas come as Tesla’s major competitors saw their registrations rise. NIO, for example, saw its deliveries in July jump four times to 3,533 vehicles, according to the data. The Chinese market is one of Tesla’s most important foreign markets and hosts the…

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