Tesla’s China Deliveries Rebound in August on Price Cuts

(Bloomberg) — Tesla Inc.’s China deliveries surged last month as the electric-vehicle maker cut prices and rolled out the long-anticipated revamped Model 3.

The carmaker, headed by Elon Musk, delivered 84,159 vehicles from its Shanghai plant in August, according to preliminary data from the China Passenger Car Association. The numbers represent a 31% jump from July and a 9.3% increase from a year earlier.