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Tesla's China-made EV sales rise 3.6% y/y in August

Tesla's China-made EV sales rise 3.6% y/y in August

- Tesla's TSLA.O China-made electric vehicle sales slowed to a gain of 3.6% year-on-year in August, down sharply from the prior month, as divergent trends persisted across the U.S. automaker's major markets.

Sales of Model 3 and Model Y vehicles from its Shanghai factory, including exports to Europe, Asia Pacific and Canada, rose to 86,166 units from the year earlier.

That's a sharp slowdown from a 38% year-on-year rise in July, data from the China Passenger Car Association showed on Wednesday.

On a month-on-month basis, sales fell 7.9%.



(Reporting by Qiaoyi Li, Zhang Yan and Ju-min Park; Editing by Sharon Singleton)

((qiaoyi.li@thomsonreuters.com;))

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