Tesla's China sales fall to 3-year low

Tesla’s sales in China dropped to 26,006 vehicles in October, their lowest in three years, as the US electric vehicle maker struggles with tepid demand in the hyper-competitive market.

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Sales fell 35.8 per cent from a year earlier, down from September's figure of 71,525 when Tesla began deliveries of the Model Y L, a longer-wheelbase and six-seat version of its bestselling Model Y SUV until now only available in China. Its exports of China-made vehicles rose to a two-year high of 35,491 units last month, however, data from the China Passenger Car Association