Transportation
Tesla China Deliveries Slide 11% in March as Global Rout Deepens
Wholesale shipments from the plant in March dropped more than 11% to 78,828 vehicles compared with the same time last year.
Source: Bloomberg
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Tesla Inc.’s deliveries from its Shanghai factory fell for the sixth straight month, extending a global sales decline as the brand continues to lose share in China’s ultra-competitive electric-vehicle market.
Wholesale shipments from the plant in March dropped more than 11% to 78,828 vehicles compared with the same time last year, according to preliminary data from China’s Passenger Car Association released on Wednesday. The data captures both exports and sales in China.