Tesla's China-made EV sales drop 4.3% y/y in Nov
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Tesla's sales of China-made electric vehicles decreased by 4.3% year-on-year in November, with 78,856 units sold, according to the China Passenger Car Association.
December 03, 2024 | 9:00 am
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Tesla's sales of China-made electric vehicles fell by 4.3% year-on-year in November, indicating a potential challenge in maintaining growth in the Chinese market.
The decline in sales of China-made EVs suggests potential challenges for Tesla in one of its key markets. This could lead to negative sentiment among investors, potentially impacting TSLA's stock price negatively in the short term.
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