Tesla more than doubles sales in China despite coronavirus crisis ...News

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Tesla more than doubles sales in China despite coronavirus crisis
Tesla made nearly a fifth of its annual revenue in China in 2020 thanks to booming sales. However, the company is facing regulatory scrutiny in the world’s largest auto market. The electric carmaker’s sales in China rose to $6.66 billion last year compared to $2.97 billion in 2019, according its detailed financial report published on Monday. Sales in China accounted for around 21 percent of the company’s total revenues of $31.54 billion. China is Tesla’s largest market after the US. Sales in the US increased to $15.21 billion in 2020 from 12.65 billion a year earlier. Also on rt.com

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