Tesla reported sales that fell by just 4.9% year over year in Q2 and were 11.8% better than analysts’ expectations. A 23.0% drop in vehicles sold due to COVID-19 restrictions on production and demand was partly offset by the sale of emissions credits. The firm is pursuing an in-market, for-market supply chain strategy that has already led to a new factory in Shanghai. That likely explains a 72.1% year over year drop in exports of total electric vehicles from the U.S. in May. A new factory in Germany is also under construction. The challenges posed by cross-border supply chains c...