Tesla is beginning to recover in China with a sharp rebound in sales
CNN
After a miserable couple of months in China, Tesla posted a sharp rebound in sales in June in its most important international market.
The surge came as the world's second largest economy began easing Covid-related restrictions after months of lockdowns in major cities, and as it makes efforts to boost car sales to support growth.
The US electric car maker sold about 78,000 Shanghai-made vehicles last month, up 142% from May, according to preliminary estimates released by the China Passenger Car Association (CPCA) on Wednesday. The June sales numbers are up 135% from a year ago, the CPCA added.
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