Tesla Sold 30,000 Cars in China for July, Says CPCA Data

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Photo: @JayinShanghai

As Tesla’s Shanghai Gigafactory ramps production back up after a short production pause, the automaker reportedly experienced a drop in July sales.

Tesla’s Giga Shanghai sold around 30,000 units in July, according to estimates from the China Passenger Car Association (CPCA) reported by CnEVPost.

It’s unclear as of yet how precise the estimate is, though the CPCA plans to release the official figure over the next couple of days.

Assuming close accuracy, China-made Tesla sales dropped 9 percent in July year over year.

Additionally, the figure would mark a drop of 62 percent from Tesla’s record-breaking 78,906 units sold in June.

The drop can likely be accounted for by Tesla suspending operations at Giga Shanghai to upgrade its production capacity through much of July.

Tesla expects to boost production by as much as 30 percent, and the entirety of its upgrades are estimated to be complete by August 7.

The upgrade is reportedly expected to increase annual production at Giga Shanghai to one million cars per year — a fitting size for what’s considered the world’s largest auto market.

Tesla’s Q2 earnings call showed that the automaker gained $3.8 billion in revenue from the Chinese market, down 18.56 percent from Q1.

The drop can be explained by a 22-day production halt that significantly limited Tesla’s Shanghai production for a few months of Q2.

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