China agrees on solution to Tesla customs issue: source

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China agrees on solution to Tesla customs issue: source
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China's customs authorities have accepted electric carmaker Tesla Inc's plan to remedy problems with the clearance of imported cars, a source ...

REUTERS: China's customs authorities have accepted electric carmaker Tesla Inc's plan to remedy problems with the clearance of imported cars, a source familiar with the matter told Reuters.

Tesla shares fell more than 5 percent after financial publication Caixin reported earlier that China had suspended customs clearance for the company's Model 3 sedans, citing various irregularities including improper labeling of the vehicles.The source did not give any further details of the terms of how the issue had been resolved.

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