Tesla’s China car registrations plunge 64% month-on-month in April By Reuters

© Reuters.

BEIJING (Reuters) – U.S. electric vehicle maker Tesla Inc’s (O:) China car registrations slumped 64% in April, month on month, data from auto consultancy LMC Automotive showed.

Tesla’s China registrations, including imported cars, fell to 4,633 units from 12,709 units in March. Tesla’s sales in the first month of each quarter are usually lower than the remaining two months.

Data from China Passenger Car Association shows sales of Tesla’s Shanghai-made Model 3 sedan hit 3,635 units last month.

Tesla did not immediately respond to a request for comment.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Be the first to comment

Leave a Reply

Your email address will not be published.


*