Tesla cuts China plant production due to slower electric car sales growth and competition.

Tesla cut electric car production at its China plant amid slower EV sales growth and strong competition in the world's biggest automobile market, according to sources familiar with the matter. The plant has reduced output by working five days a week instead of the usual 6.5 days, without a clear update on when production will return to normal. Tesla did not respond to requests for comment.

March 22, 2024
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