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Tesla Just Got Absolutely Horrible News About Its Sales in China
Buy-n-Shoot NewsIf "failure is the mother of success," as the old Chinese proverb goes, then Tesla is long overdue for some wins. Once thought to be something of a golden goose for Tesla thanks to uber-friendly EV policies, the Chinese market is absolutely eviscerating Musk's sales prospects. In February, Tesla's sales in China dropped a whopping 49.2 percent compared to the previous year, The numbers are both yet another knock for Tesla's mounting sales woes, and an indication as to the rabidly competitive corporate market in China — a commercial environment some argue is more truly capitalist than our own. […]
