Tesla's China-made EV sales drop nearly 10% in October as global weakness deepens
Core Insights - Tesla's sales of China-made electric vehicles decreased by 9.9% to 61,497 units in October compared to the same month last year, marking a reversal from a 2.8% increase in September [1] Sales Performance - The decline in sales indicates a significant shift in demand for Tesla's vehicles in the Chinese market, which is critical for the company's overall performance [1] - The October sales figures reflect a broader trend in the electric vehicle market in China, where competition is intensifying [1]