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Tesla's China sales fall 49% in Feb. on competition from BYD
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Tesla (TSLA) shares stumble as the electric vehicle (EV) maker records its fifth consecutive month of declining shipments in China amid competition from domestic EV companies like BYD Company (1211.HK).
Tesla has seen declining sales in other regions, including Germany and other European countries, as CEO Elon Musk breaks into right-wing politics.
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This post was written by Naomi Buchanan.
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