Tesla's China Sales Plunge to 6-Month Low In October, Exports Rise

Quick Summary:

Per a report by CnEV Post, the company sold 68,280 vehicles in total, with 27,795 units shipped overseas, according to data from the China Passenger Car Association (CPCA).

Tesla, Inc.’s (NASDAQ:TSLA) October sales in China took a hit as exports from its Shanghai plant surged.

This left Tesla with just 40,485 vehicles sold within China, marking its weakest month since April.

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Author / Journalist: Nabaparna Bhattacharya

Category: Technology

Markets: United StatesChina

Topics: Stories That Matter EVs Markets US88160R1014 Top Stories Electric vehicles Tech Briefs General TSLA Mobility AI Generated Benzinga News Elon Musk Equities

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Article Type: News Report

Published On: 2024-11-08 @ 18:09:03 (11 hours ago)

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News Source URL: benzinga.com

Language: English

Article Length: 373 words

Reading Time: 3 minutes read

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