Tesla's China-made EV Sales Grew 3% In August

Tesla Inc.’s (NASDAQ:TSLA) China-made electric vehicles grew 17% in August from July and 3% compared to a year earlier, data from the China Passenger Car Association (CPCA) has revealed. In July, Tesla recorded a 78% year-on-year increase in deliveries in tier-three cities while sales in second-tier cities such as Hangzhou and Nanjing rose by 47%.  Tesla's China sales have continued to grow despite its local sales force undergoing downsizing as part of the EV giant's global layoffs. Tesla’s Chinese rival BYD posted a 35.3% year-on-year…