A Chinese news agency reported Tuesday that officials in Shanghai had blocked the import of 1,600 Model 3 cars.
, officials in Shanghai reported"various irregularities" in 1,600 Model 3's set for delivery in the country, including improper labelling. Tesla told Reuters those issues were due to a printer error, but did not respond to a request for further comment from Business Insider.
"Some of the vehicles had no Chinese labels on brake fluid tanks, while some demonstrated a real motor capacity that differed from the one on the label," Caixin reported. Trading volumes for Tesla also spiked to levels not seen in months, according to Markets Insider data. Tuesday's slump has once again sent the stock price to its lowest level since October, when shares jumped on
. However, a renewed fight with federal regulators and more executive departures have once again brought the stock below $300.
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