The U.S. carmaker is facing a headwinds in China, in particular mounting challenges from local rivals like BYD.

China-made electric vehicles fell 11.5% year-on-year in March, as intense market competition continues to disrupt the automaker’s share of China's EV market. The Texas-based carmaker sold 78,828 China-made Model 3 and Model Y vehicles in the month,

Tesla sales in Germany dropped in March compared with the same time last year and were marginally lower in the UK, despite a spike in overall EV sales in both markets, data showed on Thursday.