Tesla’s Sales Slow In China Amid Falling Demand ...Middle East

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Tesla’s Sales Slow In China Amid Falling Demand
source : OILPRICE ( Middle East ) () 25
    Tesla's sales of China-made vehicles fell to a five month low in December, despite China's passenger vehicle market rebounding, according to new data from the China Passenger Car Association (CPCA) on Thursday.  Tesla delivered 55,796 vehicles for the month, down 44% from November and 21% from the year prior, Reuters reported, citing "reduced output" and price cuts amidst rising inventories, coupled with slowing demand, as reason for the fall in numbers. The report notes that the figure is the fewest monthly deliveries in China…

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