China's customs authorities have accepted electric carmaker Tesla Inc'...
FILE PHOTO: A Tesla logo is seen at a groundbreaking ceremony of Tesla Shanghai Gigafactory in Shanghai, China January 7, 2019. REUTERS/Aly Song
- China’s customs authorities have accepted electric carmaker Tesla Inc’s plan to remedy problems with the clearance of imported cars, a source familiar with the matter told Reuters. Tesla shares fell more than 5 percent after financial publication Caixin reported earlier that China had suspended customs clearance for the company’s Model 3 sedans, citing various irregularities including improper labeling of the vehicles.Reporting by Sonam Rai and Vibhuti Sharma in Bengaluru; Editing by Patrick Graham and Arun Koyyur
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