Tesla's China Sales Triple to More Than $1 Billion
- After splashy arrival in 2014, Musk criticized sales staff
- U.S. remains biggest market as domestic revenue doubles
Model 3 on Track as Tesla Posts Narrower Quarterly Loss
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Tesla Inc.’s revenue from China last year tripled to more than $1 billion, indicating better traction in the market Chief Executive Officer Elon Musk has predicted could eventually become the company’s biggest.
China accounted for more than 15 percent of Tesla’s more than $7 billion of total revenue last year, according to a U.S. regulatory filing. Sales from the U.S. more than doubled to $4.2 billion.