6/8, 11:34 AM (Source: TeleTrader)
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Tesla China sales grow 29% in May

The sales of Tesla Inc.'s vehicles made in China rose by 29% on a monthly basis in May to reach 33,463 units, according to a report released by the China Passenger Car Association (CPCA) on Tuesday.

The figure represents a 202% jump compared to the same month the previous year. Retail sales came in at 21,936 units, while the company exported an additional 11,527 cars out of China in May.

Earlier this month, it was reported that Tesla's monthly net orders in China fell by nearly 50% in May.

Breaking the News / MS