Leading American electric automaker Tesla, through its Chinese arm, sold 77,695 units in May, Reuters reports citing China Passenger Car Association’s (CPCA) latest data.
That result, including exports to foreign markets, indicates a noticeable growth of 2.4% from the previous month. Year-on-year, sales grew about 142% from the 32,165-unit record in the same month last year.
This year to date, Tesla China had sales of 382,859 electric cars, up 77.37% from the 215,851 units in the same period in 2022, CnEVPost reports. However, it must be noted that the COVID-related lockdowns and restrictions impeded the automaker’s performance last year.
Why does it matter?
Tesla China’s performance last month is indeed encouraging for the growth of the EV giant in the world’s largest automotive market.
If anything, it indicates that Tesla’s all-electric car demand is consistent despite the recent decline in Model 3 sales in China, which was probably caused by buyers’ eagerness for Project Highland.
The overview of Tesla China’s sales in May would be fascinating to observe, given the buzz surrounding the Model 3 Project Highland update, which is set to start production in September.
Additionally, knowing how many cars were shipped from the Shanghai Gigafactory to other countries would also be intriguing. After all, the location has developed into Tesla’s main car export base.
See Also:
- CEO Elon Musk meets Chinese FM as it eyes Tesla China expansion
- Tesla China rival XPeng drops lidar in G9 SUV for competitive pricing
- Tesla China will increase Giga Shanghai production in response to increasing demand
- CEO Elon Musk compliments Giga Shanghai-made EVs as “best-quality”
- Tesla CEO Elon Musk returns to the US after China trip
As EV-a2z previously reported, Tesla CEO Elon Musk warmly acknowledged the Gigafactory Shanghai workers for their dedication during a recent trip to China.
“It’s incredibly impressive how you’ve been able to overcome so many challenges & it warms my heart; The cars we produce here are not just the most efficient, but the highest quality.”
CEO Elon Musk
The CPCA is expected to publish more detailed car sales data for May later this month.
