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Tesla’s largest EV plant in the world suffers eighth straight month of declining demand as May sales sink 15%
fortune.com/2025/06/05/tesla-china-shanghai-car-sales-exports-monthly-decline
Outbound volumes from Tesla’s GigaShangai factory, which includes exports, sank 15% in May. The drop follows similarly bleak figures out of most of Europe. Although Tesla is increasingly viewed as an AI company, roughly three-fourths of its revenue and gross profit come from selling…
This story appeared on fortune.com, 2025-06-05 13:40:43.