Tesla, the United States goes beyond the trade war and invades China with 1.5 billion cars



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Cars

Ahmed Jamal Ahmed

Wednesday, 2019/7/31 15h13 Abu Dhabi time

Tesla - Archives

Tesla – Archives

Tesla, the US automaker, has increased sales in the Chinese market in the first half of 2019, according to a document from the American Securities and Exchange Commission.

According to the China Daily, according to the US document, Tesla sales in the first half of the year in the Chinese market amounted to $ 1.47 billion.

This equates to a 41.8% increase in sales of the company compared to its sales in the Chinese market at the same time last year.

Tesla 's first – quarter profit was $ 0.78 billion, up 53.3% from the first quarter of last year.

In the second quarter, Tesla posted a profit of $ 0.69 billion, up 30.9% from the second quarter of last year.

The Chinese market is Tesla's second largest market in terms of sales after the US market, with profits reaching $ 5.81 billion in the first half.

China and the United States concluded Wednesday in Shanghai a new round of trade negotiations, after an interruption of nearly three months, with little sign of progress as to the end of their year – long conflict.

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