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Tesla’s China Sales Slump to Lowest Since 2022 Amid Export Surge

Tesla’s China Sales Slump to Lowest Since 2022 Amid Export Surge

Author:

Global Cryptocurrency

Published:

2025-11-10 21:58:01

18

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BTCCSquare news:

Tesla's October retail sales in China plummeted to 26,006 units, marking the weakest performance since November 2022. The 35.76% year-over-year decline contrasts sharply with a 27.68% surge in exports from its Shanghai factory.

CPCA analysts point to softening demand for the Model Y L and strategic export prioritization as key factors. September's 71,525-unit sales figure—boosted by Model Y L delivery announcements—now appears an outlier in a broader downtrend.

Year-to-date figures reveal an 8.83% contraction in domestic sales alongside a 14.05% export decline. Yet October's 35,491-vehicle export tally suggests Tesla may be rebalancing its China operations toward global markets.

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