Within a month, the world’s largest automobile market, China, saw a record drop in car sales. The US carmaker Tesla has suffered the most among the manufacturers. As a result, Elon Musk, the world’s richest man, is in a very uncomfortable situation after buying Twitter, reducing the production by a maximum of 81%.
The main reason for this pressure is the ongoing strict restrictions of the Chinese authorities, cited by the US news agency CNN.
According to a report released by the Chinese Passenger Car Association on Wednesday (May 11th), electric car maker Tesla sold only 1,512 vehicles in mainland China in April. Which is 98% less than in March. Moreover, the production of the company in the country has also decreased by 81%. Because 10,756 cars were produced in April. On the other hand, this number was 55,462 in March.
Moreover, Tesla could not export a single car made in Shanghai in April. However, 60 vehicles were exported from there in March.
However, Elon Musk’s company started doing very well in China this year. Tesla sold the most electric cars in China in March. 65,184 vehicles were delivered from the Shanghai factory. This rate was 15% higher than in February.
