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Tesla‘s sales of China-made electric vehicles fell 8.4% in July from a year earlier, reversing a small increase in June, amid rising competition from rivals offering lower-priced new models.
Deliveries of Tesla’s China-made Model 3 and Model Y vehicles, including exports to Europe and other markets, reached 67,886 cars last month, down 5.2% from June, data from the China Passenger Car Association showed on Monday.
Top Chinese rival BYD, with its Ocean and Dynasty lineups of EVs and plug-in hybrids, delivered almost flat global passenger car sales at…
