News Snapshot:
Тесла (НАСДАК: TSLA) China-made vehicles seem to be grabbing attention yet again, after the numbers on vehicles sold just came out on August 9. In short, the electric vehicle (EV) manufacturer sold 28,217 China-made vehicles in July, representing a 64% decline compared to the numbers the company put out in June. Apparently, weaker production figures were caused by upgrades made to the production line. Further, out of the 28,217 vehicles, 19,756 were exported while the remaining 8,461 were delivered to local customers; notably, models 3 and Y are the ones being produced in China. On the whole, Tesla China’s cumulative...