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Tesla’s December Sales Of China-Made Cars Fall To The Lowest In Five Months

Tesla Inc delivered 55,796 China-made electric vehicles in December, the lowest level in five months, according to data from the China Passenger Car Association on Thursday.

That was a 44% drop from November and 21% fewer than a year earlier as the U.S. automaker reduced output and cut prices to deal with rising inventories amid weakening demand.

It also marks the fewest monthly deliveries since July when most production at Tesla’s Shanghai plant was suspended due to an upgrade to its production lines.

Source: (CNBC)

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