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