Tesla China sees Model Y orders surge after 51.5% sales drop

Tesla has received over 200,000 orders for its updated Model Y SUV in mainland China.

The new model starts at US$36,292 and follows a drop in sales last month.

Production is being increased at Tesla’s Shanghai Gigafactory to meet early delivery demands, confirmed two sales managers in the city.

In February, Tesla’s sales in China fell to 30,688 units, a 51.5% drop from January and a 49.2% decrease compared to February 2024.

This figure represents the company’s lowest monthly sales since July 2022.

Recent Tesla developments

Timeline
11-Mar-2025 📉 Tesla shares drop 14%, biggest decline in 5 years Tesla shares plunge 14%, largest drop since 2020. Stock down over 50% since peak in December 2023.
09-Mar-2025 📉 Tesla stock hits 7-week slump, loses over $800b value Tesla stock declines for seven consecutive weeks. Sales drop due to competition, production issues.
07-Mar-2025 📉 Tesla’s sales drop 51% in China Tesla China sales drop 51.5% in February. Lowest sales since July 2022 with 30,688 vehicles.
06-Mar-2025 🏬 Tesla signs lease deal for first showroom in India Tesla signs lease for first India showroom. Located in Mumbai, rent set at ₹3.87 crore.
05-Mar-2025 📉 Tesla’s China shipments drop as BYD surges in February

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