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.

China-made electric vehicles fell 49.2% year-on-year in February, as intense market competition continues to disrupt the automaker’s share of China's EV market. The Texas-based carmaker sold 30,688 China-made Model 3 and Model Y vehicles in the month,