Tesla has reduced production of its Model Y in China


(AOF) – Tesla has reduced production of its Model Y electric car by 20% at its Shanghai factory since March, says Reuters. This decision would aim to respond to the drop in Chinese demand for this aging model, while China is its second largest market and the one in which the majority of cars produced at the Shanghai factory are sold. According to the China Association of Automobile Manufacturers (CAAM), China’s Model Y production stood at 49,498 units in March and 36,610 in April, down 17.7% and 33% respectively, on a year-on-year basis. year.

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