Tesla is having challanges in China! 18.03. Long Set-Up

Tesla has reduced how many cars it makes in China because fewer people are buying electric cars there. There are also many other companies making electric cars in China now. Even though Tesla has tried to make its cars cheaper and offered special deals, it's still hard to sell as many cars as before. The government in China used to give money to people who bought electric cars, but they stopped doing that. Now, fewer people are buying electric cars, so Tesla's sales have gone down. This year, the number of electric cars being sold in China is still growing, but not as fast as before.

1. Tesla Makes Fewer Cars: Tesla told its workers in China to make fewer cars each week. This is because not many people want to buy electric cars right now. Tesla's factory in China is not making as many cars as before.

2. Problems Selling Cars: It's hard for Tesla to sell cars in China because there are many other companies selling electric cars too. Even though Tesla made its cars cheaper and gave discounts, not many people are buying them.

3. Sales Going Down: Tesla sold fewer cars in the first part of this year compared to last year. Even though Tesla tried to sell more cars in China, most of their sales are not in China anymore.

4. Future of Electric Cars: More electric cars will be sold in China this year, but not as many as before. This is because the government stopped giving money to people who buy electric cars.