Tesla’s love affair with China will weather recent sales slump, backlash over safety concerns, say analysts

//Tesla’s love affair with China will weather recent sales slump, backlash over safety concerns, say analysts

Tesla’s love affair with China will weather recent sales slump, backlash over safety concerns, say analysts

The love affair between American electric vehicle (EV) giant Tesla and Chinese motorists has hit some bumps along the way, not least a recent slump in sales amid a public backlash over quality. But the romance has still got some mileage, according to market observers.A report by technology news website The Information, citing a single source familiar with the data, said billionaire Elon Musk’s company saw its vehicle orders in China plummeted to about 9,800 in May. That compares with deliveries…

Article by [author-name] (c) Business - South China Morning Post - Read full story here.

By | 2021-06-04T11:30:16+00:00 June 4th, 2021|Business|Comments Off on Tesla’s love affair with China will weather recent sales slump, backlash over safety concerns, say analysts