Tesla shares hit as sales in China drop dramatically because of a lack of demand over the Lunar New Year.
Tesla shares dropped 7.16% on Monday to $188.14 (€173.38) following Chinese sales falling to over one-year lows. This was the lowest since 14 February.
Tesla’s Shanghai gigafactory saw about 60,365 vehicle shipments in February, according to China’s Passenger Car Association, reported by Bloomberg. That was 16% less than January, as well as 19% down…
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