World Business Report
Tesla’s shipments are powering down in China
- Author: Vários
- Narrator: Vários
- Publisher: Podcast
- Duration: 0:02:29
- More information
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Synopsis
Tesla's China-made electric vehicle sales of Model 3 and Model Y fell nearly 10% in October from a year earlier, reversing a 2.8% increase in September. Leanna Byrne hears from Mark Rainford, founder of Inside China Auto based in Shanghai. Nintendo said it aims to sell 19 million Switch 2 consoles within this financial year, up from its previous target of 15 million for the smash-hit gadget. Starbucks, the world’s biggest coffee chain, is selling the majority stake in its business in China as part of a $4bn deal to the private equity firm Boyu Capital. Presenter: Leanna Byrne Producer: Ahmed Adan Editor: Justin Bones