© Reuters. FILE PHOTO: Visitors wearing face masks check a China-made Tesla Model Y sport utility vehicle (SUV) at the electric vehicle maker’s showroom in Beijing, China January 5, 2021. REUTERS/Tingshu Wang/File Photo
SHANGHAI (Reuters) – Tesla (NASDAQ:) Inc delivered 55,796 China-made electric vehicles in December, according to the data from China Passenger Car Association on Thursday.
The number marks a 44% drop from November and is 21% fewer than a year earlier as the U.S. automaker reduced output and cut prices to deal with pressures of rising inventory amid weakening demand.