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Global News Impacting Chinese Tech

Despite state media criticism, Tesla is nearly as popular in China as it is in the United States.

News Snapshot:

According to a recent filing with the Securities and Exchange Commission, Tesla vehicle sales in China have surpassed half of those in the United States. Tesla reported $3.11 billion in third-quarter sales in China. This represents 48.5 percent of the $6.41 billion in sales in the United States. China accounted for 41.4 percent of sales in 2020. In China, sales increased 22.6 percent during the same period last year, compared to 20 percent. In China, September was a record month for plug-in vehicle and electric vehicle sales! In September, three plugin vehicles made the top ten in the overall automotive…

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