In February, Tesla experienced a significant drop in sales of its China-made electric vehicles, with wholesale figures plummeting by 51.47% from January to 30,688 units. This decline comes as Tesla prepares for the launch of the updated Model Y, initiated on January 10, 2025, with deliveries starting at the end of February. The new Model Y offers several enhancements over its predecessor, including better ride quality due to improved suspension and sound isolation. Notably, January-February 2025 sales are down 28.74% compared to the prior year's early months, attributed partly to production optimization pauses.
Tesla's sales of China-made electric vehicles dropped sharply in February, with the U.S. automaker selling 30,688 units wholesale, a 51.47% decline from the prior month.
Combined January-February 2025 sales for Tesla China currently stand at 93,926 units wholesale, representing a 28.74% decline from the same period in 2024.
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