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Tesla’s sales drop 51% in China

Tesla’s sales in mainland China fell significantly in February, according to data from the China Passenger Car Association (CPCA).

The company delivered 30,688 Shanghai-made Model 3 and Model Y vehicles, representing a 51.5% drop from January and a 49.2% decline year-over-year.

This figure marks Tesla’s lowest sales in China since July 2022, when it delivered 28,217 vehicles.

The overall EV market in China experienced a 3% decline in deliveries from January, with 720,000 units sold in February.

Recent Tesla developments

Timeline
06-Mar-2025 🚗 Tesla signs lease deal for first showroom in India
  • Tesla leases first showroom in Mumbai, India.
  • Highest commercial rent in India at ₹3.87 crore.
05-Mar-2025 📉 Tesla’s China shipments drop as BYD surges in February
  • Tesla’s China sales drop 49% year-on-year.
  • BYD sees 161% sales growth in the same period.
05-Mar-2025 📉 Tesla stock drops as anti-Musk backlash grows, sales fall
  • Tesla stock drops 3%, market cap at $915 billion.
  • Struggles with revenue, competition, and Europe’s decline.
26-Feb-2025 📉 Tesla’s market cap drops below $1t as Europe sales drop
  • Tesla’s market cap drops below $1 trillion.
  • Vehicle sales down 45% amid rising competition.
25-Feb-2025 🚘 Tesla to introduce city navigation in China, sources say
  • Tesla plans city navigation feature for China.
  • Less advanced than US due to data constraints.

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