PALO ALTO, California -- U.S. electric vehicle giant Tesla achieved record deliveries in China in the fourth quarter, despite rising competition from domestic carmakers such as BYD and a global economic slowdown that weighed on EV demand.
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Tesla's Model Y cars are produced at a plant in Germany. The automaker said the Model Y was the best-selling vehicle in China for 2024. (Nikkei montage/Source photos by Reuters)
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