22 March 12:45
Tesla has cut production of electric cars at its plant in China due to poor sales and intense competition.
Petru Nicolaescu

International
ZUMAPRESS.com / Zuma Press / Profimedia
The production cut has been applied to both the Model Y and Model 3, and staff have not been given clear information on when production will resume. Tesla is facing strong competition in China, and demand for electric cars is slowing not only in that country but also in other major regions. Electric car production in China is slowing down after the removal of government subsidies.