Tesla China sales down sharply in October, says the body of the auto industry



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Zang Yi charges his Tesla car at a charging point in Beijing, China on April 13, 2018.

Thomas Peter | Reuters

Zang Yi charges his Tesla car at a charging point in Beijing, China on April 13, 2018.

Tesla's vehicle sales in China fell by 70% last month compared to last year, the country's tourism car association told Reuters on Tuesday, noting that the trade war between Canada and the United States touched the American manufacturer.

An official of the China Passenger Car Association said that industry data indicated that Tesla had sold only 211 cars on the world's largest car market in October.

Tesla has not responded to repeated calls and written requests for comments on Tuesday.

The maker of electric cars, which imports all cars sold in China, said in October that tariff increases on auto imports had a negative impact on its sales in that country. In July, Beijing increased tariffs on US auto imports to 40%, while the stalemate on trade with the United States worsened.

While new energy vehicle sales have continued to increase in China, auto sales have slowed sharply since the middle of the year, bringing the market to the brink of the first contraction of its markets. annual sales in almost three decades.

Tesla, led by billionaire CEO Elon Musk, said last week that it was reducing the price of its X and S model cars in China in a shift in strategy to make cars "more affordable" and absorb more. the impact of higher fares.

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