As China continues its crushing lockdown of Shanghai, an increasing number of businesses are reporting huge dips in profits as authorities scramble to uphold the country’s unbending “zero-COVID” policies . Most recently, electric vehicle (EV) maker Tesla revealed that its China sales had decreased by a staggering 98 percent, according to data from the China Passenger Car Association (CPCA). The CPCA reported that Tesla China produced 10,757 vehicles in April, compared to 55,462 from the previous month. The EV giant also did not export any Shanghai-made cars for April and reported an 81 percent decrease in production resulting from the...