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Tesla says the expansion of China’s sales channel is proceeding at a normal pace

Tesla says the expansion of China’s sales channel is proceeding at a normal pace

SHANGHAI (Reuters) – Tesla (NASDAQ:) said on Monday it was still expanding its sales channels in China at a normal pace, responding to a Reuters report that it was considering closing some downtown showrooms in its second largest market. Reuters reported on Thursday that the US automaker is considering closing some mall showrooms in cities like Beijing as traffic has plummeted during COVID restrictions and is instead focusing more on stores in cheaper suburban locations that can also save upkeep.

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