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Tesla's sales in China collapsed

Last month, Tesla sold 70% less electric cars in China.

The result is October 2017, the China Aircraft Association said, citing Reuters. The agency emphasized that the collapse was due to the US-Pole trade warfare.

All Tesla products are imported from the US for the Chinese market and the 40 percent tariffs introduced by Beijing increase the ever-growing California electromobile. This is due to the unprecedented increase in sales of green cars in China since mid-year.

Last week, trying to persuade investors, Ilon Musk announced that Tesla could reduce the price of model S and model X to the Chinese market, making it "more accessible" and less impact. The company has already purchased land for its future factory in Shanghai – the first place outside of the United States.


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