Tesla's August car sales in China were higher than in any other month so far this year, but the company is still losing ground to domestic brands in the world’s largest and fastest-growing car market.
Its share of the so-called New Energy Vehicles market—which includes plug-in hybrids and hydrogen fuel cell cars alongside pure electric vehicles—has dropped to 6.5% in the first seven months of this year. This is down from almost 9% a year earlier, according to a report by Shanghai consultancy Automobility cited in the Financial Times.
