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Tesla's China Sales Continue Declines While Local Rivals Post Robust Deliveries
While Tesla continued to lose market share, overall Chinese auto demand remained strong in April, supported by the government's trade-in program. As of April 24, 2.7 million cars had been traded in nationwide under the scheme, the CPCA said. Chinese automakers posted robust sales in April, with some hitting record highs, the agency added.
A sales increase in March proves short-lived, as April deliveries by the company’s Shanghai factory plunge nearly 26 per cent ...
Marvell Technology (MRVL) postpones its investor day until 2026. Cantor Fitzgerald analysts downgrade the stock to neutral.
For the biggest Tesla boosters, the most prominent counter-argument to sagging sales worldwide has been "Just wait." ...
Tesla announced on May 6 that more than 95% of the parts used in every Model 3 and revamped Model Y produced at its Shanghai ...
President Donald Trump’s punitive tariffs provoked Beijing into demonstrating one of its key points of leverage.
U.S. Treasury Secretary Scott Bessent and chief trade negotiator Jamieson Greer will meet China's top economic official He ...
Demand for the U.S. automaker’s vehicles slid amid stronger competition from Europe and China and rising anger at Elon Musk’s ...
BYD's net profit rose 100% to $1.3 billion for the first quarter, while Tesla's slumped more than 70% in the same period.
Tesla (NASDAQ:TSLA) has officially integrated more than 60 Chinese suppliers into its global procurement network, according ...
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