Tesla's Chinese electric vehicle sales fell 49% amid intensified competition in February
According to the China Bus Association, Tesla's (TSLA, Finance)'s Chinese electric vehicle sales fell 49.2% year-on-year to 30,688 units in February, marking the lowest monthly sales since August 2022. In the first two months of 2024, 93,926 units sold worldwide, and Tesla sold 28.7% compared to the same period last year. The changes that took…