Tesla's China sales have best month of the year in August

BEIJING, China: Tesla's sales in China hit a high point for the year in August, selling over 63,000 cars, a 37 percent increase from July. Despite this improvement, sales are likely still down from August of the previous year when Tesla sold 64,694 vehicles.

While Tesla's recent sales boost is encouraging, the company still trails behind major local competitors. BYD, the largest electric vehicle (EV) maker globa