Tesla (TSLA) Trims Output of Cars in China Amid Slower EV Sales Growth - Bloomberg
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Tesla stock drops on report it slashed China factory output
March 22, 2024 6:25 AM EDTTesla (NASDAQ: TSLA) has reportedly scaled back its electric vehicle (EV) production in China as it faces slower growth in the sales of new-energy vehicles and increased competition in the world's largest car market.
The EV maker slipped more than 3% in premarket trading Friday.
According to Bloomberg News, the company has adjusted the work... More
