#Tesla Sales Surge 150 Percent in #China Amid #German EV Motor Rivalry, #Glencore Rare Earth Partnership
US electric automaker Tesla has earned record high sales of its models manufactured in China in May just five months after the company began producing units at the Gigafactory 3 in Shanghai, according to reports.
Registrations for Tesla motors in China reached 11,364 in May, just a month after sluggish sales were reported due to the ongoing COVID-19 pandemic, data from the China Automotive Information Network as quoted by Bloomberg revealed.
According to the China Passenger Car Association (CPCA), Model 3 sales from units produced in Shanghai tripled to 11,095 vehicles in May and even surpassed local competitors in China, topping total sales.
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