Tesla trims EV output as market slows

By:

Bloomberg

March 22, 2024 02:20 PM

Tesla Inc. has reduced production at its plant in China, according to people familiar with the matter, amid sluggish growth in electric-vehicle sales and intense competition in the world’s biggest auto market.

Featured Stories

Vehicles, certain auto parts are exempt from reciprocal tariffs, White House says

VW plans import fee on window sticker as tariffs loom, halts vehicle shipments via rail from Mexico to U.S., memo says

Elon Musk will stay until he completes DOGE mission, White House says, dismissing earlier report

Amazon’s used-vehicle interest could threaten listings companies

Latest News

Korean luxury brand finds European inspiration

Hyundai 2nd-gen Nexo hydrogen fuel cell crossover gets big boost in power, range, styling

Hyundai Ioniq 6 EV gets even sleeker with refresh; sporty N Line added

Live updates on tariffs: Autos not part of reciprocal duties

Staying current is easy with newsletters delivered straight to your inbox.

See More in China

Stellantis-backed Leapmotor becomes top-seller among Chinese EV startups in March

Tesla China deliveries slide 11% in March as global rout deepens

EV startup Li Auto to open-source its vehicle operating system

Chinese automakers Dongfeng Motor and Changan Auto hold merger talks

Staying current is easy with newsletters delivered straight to your inbox.