Business
Tesla’s China sales have grown to nearly half the size of the company’s U.S. sales
Tesla China-made Model 3 vehicles are seen during a delivery event at its factory in Shanghai, China January 7, 2020.
Aly Song | Reuters
BEIJING — Tesla’s sales in China are now nearly half the size of what the automaker sells in the United States.
Elon Musk’s electric car company reported sales of $3.11 billion in China in the third quarter, or 48.5% of the $6.41 billion U.S. sales during that time, according to a filing Monday.
That ratio is up from 41.4% a year ago, and less than 10% in 2018, filings show.