09-May-2025
Corporate News
 
Tesla's China-Made EV Sales Fall 6% Y/y in April as Woes Deepen
08-May-2025

Tesla's China-made electric vehicle sales fell 6% in April from a year earlier, extending declines for a seventh month, as the U.S. automaker grapples with intense competition from its Chinese rivals and a tarnished image in Europe. Deliveries of China-made Model 3 and Model Y vehicles, which account for exports to markets including Europe as well as China sales, totalled 58,459 units last month, down 25.8% from March, data from the China Passenger Car Association (CPCA) showed on Wednesday.

News Source:- https://money.usnews.com/investing/news/articles/2025-05-07/teslas-china-made-ev-sales-fall-6-y-y-in-april