Tesla Inc.’s (TSLA) sales of its Shanghai-made Model 3 vehicles rose 35% in China in June, month-on-month, Reuters reported citing data from the China Passenger Car Association (CPCA).The U.S. electric carmaker last month sold 14,954 Model 3 vehicles up from 11,095 vehicles in May, and an increase from around 3,635 units in April, CPCA data showed. CPCA uses a different counting method than Tesla’s deliveries.Overall, China’s passenger car sales in June fell 6.5% year-on-year to 1.68 million units. Pure battery electric vehicle sector sold 67,000 units in June with Tesla accounting for 23% of the market, the CPCA said.Tesla shares …read more
Source:: Yahoo Finance
