Tesla’s China orders halved in May – The Information By Reuters
(Reuters) - Tesla Inc's vehicle orders in China nearly halved in May, when compared to April, against the backdrop of increased government scrutiny on the U.S. electric carmaker, the Information reported on Thursday, citing internal data. The company's monthly net orders in China dropped to about 9,800 in May from more than 18,000 in April, the report said, sending shares down nearly 5% in afternoon trading. China is the electric car maker's second-biggest market after the United States and accounts for about 30% of its sales. Tesla makes electric Model 3 sedans and Model Y...
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