Elon Musk’s Tesla Launches Affordable Financing Plan After Dropping Out Of China’s Top EV 10 Makers

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Tesla Inc. (NASDAQ:TSLA) has dropped out of the top ten EV companies in the Chinese domestic market as the Elon Musk-led EV giant’s retail sales fell in April.

Tesla Drops Out Of Top 10

In a report by CnEVPost on Tuesday, citing the China Passenger Car Association (CPCA) data, BYD Co. Ltd. (OTC:BYDDY) (OTC:BYDDF), Geely Automobile Holdings Ltd. (OTC:GELHY) (OTC:GELYF), Changan, Stellantis NV-backed (NYSE:STLA) Leapmotor and Xiaomi Corp. (OTC:XIACF) (OTC:XIACY) made up the top five new energy vehicle (NEV) automakers in the country.

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