Tesla Stock Drops After Imports Are Suspended In China

Credit: Wochit
Published on March 5, 2019 - Duration: 00:41s

Tesla Stock Drops After Imports Are Suspended In China

According to Business Insider, Tesla's stock dropped to a five month low after Chinese officials blocked the import of the company's Model 3 sedan.

A report from officials in Shanghai said that they found irregularities with the Tesla cars set for delivery, including improper labeling.

Those irregularities included vehicles that lacked Chinese labels on brake fluid tanks, while others demonstrated a different motor capacity compared to their labels.

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