Tesla's China sales dive 98% as lockdowns take a toll
CNN
Car sales saw a record decline last month in China, the world's largest automobile market, as strict Covid-19 lockdowns take a severe economic toll. And no auto maker suffered more than Tesla.
The EV maker sold 1,512 vehicles in mainland China last month, down 98% from March, according to data from the China Passenger Car Association. Tesla's production in the country also slid 81% to 10,757 vehicles in April, compared with 55,462 in March.
Tesla didn't export any Shanghai-made vehicles in April, compared with 60 exported in March.
More Related News
5 things to know for June 10: European elections, Apple, Hostage rescue, Immigration, Trash balloons
CNN’s 5 Things brings you the news you need to know every morning.