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Tesla’s China EV sales fall 11%

Tesla’s China EV sales fall 11%

The new Tesla Model 3+ is on sale at a Tesla store in Hangzhou, Zhejiang province, in China, on Sept. 26, 2023.

Costfoto | Nurphoto | Getty Images

Tesla stock was down about 2% Monday morning but recovered later in the day as the rest of the market rallied. Shares took a small hit after a report published Sunday by the China Passenger Car Association said sales of the company’s China-made electric vehicles

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