MariaEvelina
2021-11-30

Fact: Tesla cut prices in China in July 2021

Fact: Tesla sold 8,621 cars in China in July 2021

Fact: Tesla sold 12,885 cars in China in August 2021

Fact: Ark investment sold over $100 million Tesla shares in Sept. 2021

September will tell a fuller story when exported cars reach their markets BUT it is clear Tesla's price cuts in China did not do much to help local sales.(( As a result, Tesla sold only 8,621 cars the country last month, which is a 69% drop month on month and a 26% fall YoY, according to China Passenger Car Association data that was released on Tuesday. )))$Tesla Motors(TSLA)$

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