Tesla China Exports Slump to Just 60 Cars on Strong Local Demand
- Local Tesla deliveries were highest since December: PCA data
- Overall passenger car sales in China slid 11% year-on-year
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Tesla Inc. exported just 60 cars produced at its Shanghai factory in March, a record low as strong domestic demand sucked up most of the output, according to China Passenger Car Association data released Monday.
The U.S.-based maker of EVs shipped a total of 65,814 cars from its factory in China’s financial hub last month, with the bulk of those -- 65,754 -- going to the domestic market.