Tesla China demand slumps, adding to headaches after protest


Tesla's growth in China has hit a slump following a spate of accidents involving the electric car brand and increasing public scrutiny in the country. — Reuters

Tesla Inc’s growth in China slowed precipitously last month, adding to the company’s headaches after an embarrassing protest at the Shanghai Auto Show and a run of accidents involving its electric cars.

In April, 11,949 China-built Teslas were registered in the country, according to data from state-backed China Automotive Information Net. That’s down sharply from a record 34,714 registrations in March.

The Star Christmas Special Promo: Save 35% OFF Yearly. T&C applies.

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Tech News

Nvidia buys AI software provider SchedMD to expand open-source AI push
US launches campaign to hire AI engineers for federal roles
Netflix says its position on deal with Warner Bros Discovery unchanged
Citi sets 2026 S&P 500 target at 7,700, expects AI to remain key theme
Exclusive-Tesla board made $3 billion via stock awards that dwarfed tech peers
Electricity is now holding back growth across the global economy
North Korean leader's sister sports Chinese foldable phone
STMicro has shipped 5 billion chips for Starlink in past decade; that could double by 2027
Tech support scammers stole US$85,000 from him. His bank declined to refund him.
Analysis-Old meets new economy: AI boom to supercharge European banks' rally

Others Also Read