Tesla’s August Sales Soar in China Following Price Reductions: Did the EV Giant Outperform Its Chinese Competitors?

Tesla, Inc. (NASDAQ:TSLA) witnessed a notable increase in its sales performance in China for the month of August. Preliminary data from the China Passenger Car Association indicates that the company sold 84,159 electric vehicles (EVs) produced in China during the month. This figure reflects a significant 9.4% rise compared to the 76,965 units sold during…

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