#Tesla Sales Surge 150 Percent in #China Amid #German EV Motor Rivalry, #Glencore Rare Earth Partnership

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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.

Read more at: https://sputniknews.com/business/202006161079630448-tesla-sales-surge-150-percent-in-china-amid-german-ev-motor-rivalry-glencore-rare-earth-partnership/

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