Tesla's TSLA sales of China-made EVs continued to decline for the eighth consecutive month in May due to intensifying price wars in the world's largest auto market. Per the China Passenger Car Association data,

Tesla 's Model 3 and Model Y vehicles entered the list of 124 electric vehicle and hybrid models in a Chinese government-backed campaign to promote sales in rural areas, the industry ministry statement on Tuesday.

Tesla's sales of China-made electric vehicles have continued to decline, marking an eight-month downturn with a 15% year-on-year drop in May.