OREANDA-NEWS Tesla has not been able to stop the decline in its popularity in the Chinese market of premium electric vehicles. This was reported by the South China Morning Post (SCMP). It turned out that according to the Chinese Association of Passenger Cars (CPCA), last month, the American automaker handed over 57,152 Model 3 and Model Y cars made in Shanghai to customers on the mainland. This is 9.9 percent less than a year earlier.

Thus, the series of failures of Tesla has been going on for six months in a row. The company's attempts to lure consumers away from competitors like Xpeng by lowering prices, offering interest-free loans, and launching new models have failed. As you know, the position of Tesla in the American market also raises concerns among experts.

 There, in August, the company's share fell to an almost eight-year low. Consumers increasingly chose competitors' electric vehicles, neglecting the outdated Tesla model range.