Tesla China Shipments Fall Again as Competition Heats Up

Shipments from Tesla Inc.’s Shanghai factory slipped back into decline on intense competition in China and global trade uncertainties.

The EV maker shipped 67,886 units from the plant in July, according to preliminary data released by China’s Passenger Car Association on Monday, which didn’t break the figures down into exports and domestic sales. That’s a 8.4% decrease from a year earlier.