Investors were shaken by a single-sourced report that Tesla net orders in China had nearly halved between April and May.
The Information, citing a single source familiar with the data, wrote that Tesla's "monthly net orders in China dropped to about 9,800 in May from more than 18,000 in April." CNBC has not corroborated that report.
Tesla's Shanghai factory is supposed to have the capacity to make half a million electric cars a year for deliveries in China and exports to other parts of Asia and Europe.
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