Report Says Tesla China Sales Are In a Freefall After Woman Lied About Issues With Her Model 3

Tesla’s stock (TSLA) crashed in mid-afternoon after a report came out claiming that an inside source confirmed new orders are free-falling in China, an important market for Tesla

The reported in question came out of The Information, and it is behind a paywall.

Based on an unnamed source, the publication claimed that Tesla’s net new orders fell to 9,800 last month, which is significantly down from the previous month and from a high of over 21,000 in March: