Tesla’s electric vehicle sales in China rose | 1 March 2023 | Daily Morning Note

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Tesla’s electric vehicle sales in China rose last week but were still running short of the pace seen in the fourth quarter, indicating the bump from discounted prices in its biggest overseas market is waning. The US automaker nearly doubled weekly retail sales in the week of Feb 20 to 10,703 vehicles versus a week prior, showed data from China Merchants Bank International on Tuesday, which tracks weekly retail sales based on car insurance registrations.

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