After Wanxium agreed to sell its auto division to Tesla in a $2.6 billion deal on Tuesday, Tesla offered a second-guess in an attempt to secure a lower price.
Wanxia’s second-half sales fell by as much as 12 percent in the year to the end of March from the year before, while its fourth-quarter profit fell by 15 percent.
Tesla is also expected to make a decision on whether to enter the Hong Kong market in the second half of 2019, according to Bloomberg.
WanXia, the Chinese conglomerate that owns Chinese car maker Wanxion, had earlier said it would sell the carmaker to Teslas parent.
A Tesla spokesperson declined to comment.