BEIJING - U.S. automaker Tesla sold 62,167 China-made electric vehicles in April, down 18% from a year earlier, lagging the broader market's surge, China Passenger Car Association data showed on Tuesday.
China's new-energy vehicle sales including battery-powered EVs and plug-in hybrids were estimated to hit 800,000 units in April, up 33% on the year and a 2% drop from the month before, according to CPCA data. Tesla's sales of China-made vehicles declined 4% during the January to March period, from a year earlier.The company began the second quarter announcing layoffs of more than 10% of its global workforce and slashing vehicle prices in major markets including the United States, China and Europe.