Tesla working on China import hiccup

  • News Digest

Mar 7, 2019-

Tesla said on Wednesday it was working to resume imports of its new Model 3 sedan in China after the company said a labelling hiccup caused problems with customs. Elon Musk’s electric car firm denied the issue would impact sales of the vehicle in China, a key market for the automaker as it faces a battle to control costs and maintain profitability. “This error resulted from misprinted labels on certain Model 3 vehicles,” a Tesla spokesperson said in a statement. “We have already reached a resolution with Chinese customs, and we are working closely with them to resume clearance procedures on these vehicles,” the spokesperson said. Local business weekly Caixin reported Tuesday that China’s customs administration had suspended imports of its Model 3 cars and was holding more than 1,600 of the vehicles—briefly sending Tesla’s stock tumbling in the US. (AFP)

Published: 07-03-2019 12:23

Next Story

User's Feedback

Click here for your comments

Comment via Facebook

Don't have facebook account? Use this form to comment