Tesla's sales of its China-made electric vehicles dropped 49.2% in February from a year earlier to 30,688 cars, the lowest since August 2022, as the U.S. automaker faces pressure from Chinese rivals in a relentless smart EV price war.

Tesla's sales of its China-made EVs fell to its lowest point since August 2022, as the automaker faces pressure from Chinese rivals.

The automaker’s EV sales (manufactured in China) dropped to 30,688 units in the month, plunging 49.2 per cent from the same period last year.