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7 March, 2019 00:00 00 AM / LAST MODIFIED: 6 March, 2019 09:57:25 PM
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Tesla says working on China import hiccup

AFP, Beijing

Tesla said yesterday it was working to resume imports of its new Model 3 sedan in China after the company said a labelling hiccup caused problems with customs.

Elon Musk’s electric car firm denied the issue would impact sales of the vehicle in China, a key market for the automaker as it faces a battle to control costs and maintain profitability.

“This error resulted from misprinted labels on certain Model 3 vehicles,” a Tesla spokesperson said in a

statement.

“We have already reached a resolution with Chinese customs, and we are working closely with them to resume clearance procedures on these vehicles,” the spokesperson said.

Local business weekly Caixin reported Tuesday that China’s customs administration had suspended imports of its Model 3 cars and was holding more than 1,600 of the vehicles—briefly sending Tesla’s stock tumbling in the US.

Musk is betting on China’s growing market for electric cars as regulators push the industry towards an all-electric future.

 

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Editor : M. Shamsur Rahman

Published by the Editor on behalf of Independent Publications Limited at Media Printers, 446/H, Tejgaon I/A, Dhaka-1215.
Editorial, News & Commercial Offices : Beximco Media Complex, 149-150 Tejgaon I/A, Dhaka-1208, Bangladesh. GPO Box No. 934, Dhaka-1000.

Editor : M. Shamsur Rahman
Published by the Editor on behalf of Independent Publications Limited at Media Printers, 446/H, Tejgaon I/A, Dhaka-1215.
Editorial, News & Commercial Offices : Beximco Media Complex, 149-150 Tejgaon I/A, Dhaka-1208, Bangladesh. GPO Box No. 934, Dhaka-1000.

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