In October 2024, Tesla China experienced a sharp decline in domestic sales, with 40,485 units sold, marking the lowest figures since April 2024.
Deutsche Bank had projected Tesla China's domestic sales at around 47,000 units for October, highlighting the significant gap between expectations and actual performance.
Despite an increase in year-over-year sales, Tesla China’s domestic sales in October were down 44% from September 2024, indicating market volatility.
The Model Y remains Tesla's top seller, comprising 62% of wholesale sales in October, with an overall total of 68,280 vehicles sold.
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