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Tesla trims output of cars in China amid slower EV sales growth, Bloomberg reports
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Tesla trims output of cars in China amid slower EV sales growth, Bloomberg reports
Mar 22, 2024 3:11 AM

March 22 (Reuters) - Tesla has reduced its car

production at its plant in China, Bloomberg News reported on

Friday, as the U.S. electric vehicle-maker grapples with slow

demand and strong competition in the market.

The company earlier in March told employees at its Shanghai

factory to lower output of both the Model Y sport utility

vehicle and Model 3 sedan - the two types it makes in China - by

working five days a week instead of the usual 6-1/2 days, the

report said, citing people familiar with the matter.

Tesla did not immediately respond to a Reuters request for

comment.

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