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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Tesla Inc | NASDAQ:TSLA | NASDAQ | Common Stock |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 11.06 | 6.82% | 173.19 | 173.16 | 173.22 | 170.8617 | 158.36 | 159.00 | 120,884,732 | 00:59:58 |
From Apr 2022 to Apr 2024
By Selina Cheng
HONG KONG -- China's passenger car retail sales in November dropped 9.2% from a year ago amid slumping demand, as the nation grappled with a slowing economy under harsh Covid curbs that Beijing has recently started easing.
China's car makers and dealers sold 1.65 million passenger cars in November, down 10.5% from October, according to data released by the China Passenger Cars Association on Thursday.
Despite an almost 15% growth in automobile production for the 11 months to November compared with a year earlier, production for the month was down 9% from October.
Car retail sales were "much lower than what we expected," CPCA Secretary-General Cui Dongshu said, adding that "it's a very serious situation." Manufacturers slowed down production as a result, with some making relatively significant adjustments, he said.
Tesla Inc.'s Shanghai factory broke its record and delivered 100,291 electric vehicles last month.
Write to Selina Cheng at selina.cheng@wsj.com
(END) Dow Jones Newswires
December 08, 2022 04:27 ET (09:27 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.
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