Tesla

Factors including the devaluation of the RMB, lower raw material prices in China and higher auto prices in the US have made Chinese exports to the US potentially cost-competitive.

The accident killed two people and injured three others. Tesla said the accelerator pedal was depressed throughout the accident.

Tesla plans to add Supercharger stations in November in 26 more cities, including Beijing, Xi'an and Nanjing.

While Tesla's inventory numbers remain low relative to established automakers, building inventory has been a down-cycle indicator for the industry.

Tesla produces new vehicles in the first half of each quarter primarily for export, and October's numbers continue that pattern.

Tesla is ramping up marketing for the Model S and Model X in China, even though they haven't seen new vehicle deliveries here in the past two years.

The CPCA secretary general said automakers would be in an awkward position to raise prices next year after cutting them at the end of this year, which would be bad for sales activity.

Tesla delivered 17,200 vehicles to local Chinese consumers in October. The company produces new vehicles in the first half of each quarter primarily for export.

This appears to be the latest move by Tesla to boost sales in the fourth quarter after it cut prices in China late last month.

That's up 31.83 percent from 54,391 units a year ago, but down 13.75 percent from 83,135 units in September.