Sales of Tesla vehicles made in China rose in February after the company lowered prices that led to higher demand.

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Tesla Sales In China Up After Price Slashes Last Month

Sales of Tesla vehicles made in China. Actually up last month after the E V company lowered prices leading to higher demand from consumers. But still the latest figures showing Tesla is facing increased competition in the world's second biggest economy, China. In fact, though the biggest car market in the world for Tesla, now the E V giant actually losing some market share there yet, the stock is still higher. But new data out today showing Tesla sold more than 74,000 vehicles made in China last month, up significantly from the same time a year ago and the month before. Well, for comparison's sake here, Tesla competitor China based B Y D selling more than 100 and 90,000 vehicles in the same timeframe. Seeing its market share rise now, Tesla planning to boost exports from its Shanghai factory and move into new markets. In the process. Tesla already shipping cars to Thailand along the way.