SHANGHAI (Reuters) – Tesla Inc delivered 55,796 China-made electric vehicles in December, according to the data from China Passenger Car Association on Thursday.
The number marks a 44% drop from November and is 21% fewer than a year earlier as the U.S. automaker reduced output and cut prices to deal with pressures of rising inventory amid weakening demand.
(Reporting by Zhang Yan, Brenda Goh; editing by Frank Jack Daniel)
Copyright 2023 Thomson Reuters.
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