Competition between Tesla and Chinese domestic rivals is intensifying as the U.S. firm continues to launch incentives to keep its cars attractive.

U.S. automaker Tesla's sales of China-made electric vehicles fell 11.5% to 63,238 units in January from a year earlier, data from the China Passenger Car Association showed on Friday. Deliveries of China-made Model 3 and Model Y vehicles were down 32.

Tesla Inc.’s sales plummeted 59% last month in Germany, adding to indications that Chief Executive Officer’s Elon Musk political activities are hurting the carmaker’s business in major electric vehicle markets.

EV automaker announced some pretty dismal numbers, including a net year-over-year sales decline and weak earnings numbers that included a 71% dip in net income to $2.3 billion. Despite signs pointing downwards,