Tesla’s China Factory Sees 30% Annual Sales Jump in November
Tesla has reported a remarkable sales performance in China for the month of November. The company successfully sold 82,432 vehicles that were manufactured from its Giga Shanghai factory. This figure is part of a significant upward trend in Tesla’s sales within the country, notes @Tslachan.
Specific breakdowns of actual production, retail and export numbers are coming soon.
$TSLA 🇨🇳
Tesla sold 82,432 China-made vehicles in Nov.In the January-November period, Tesla sold 853,603 China-made vehicles, up 30.31 percent from the same period last year. pic.twitter.com/a6LNxtBUek
— Tsla Chan (@Tslachan) December 4, 2023
Looking at the broader picture, from January to November, Tesla’s cumulative sales of China-made vehicles reached an impressive total of 853,603 units. This marks a substantial increase of 30.31 percent compared to the same period last year. The surge in sales underlines Tesla’s growing dominance and popularity in the Chinese electric vehicle market, one of the largest and most competitive markets globally.
Looking at Tesla’s sale’s in China last week, there were 3,300 new Model 3 vehicles registered, to go with 14,100 Model Y vehicles. Tesla’s final month of the year is usually when new incentives are released to boost sales numbers.
$TSLA 🇨🇳 @LayeredInvest
NEWS: Tesla China registered 3,300 Model 3 Highlands last week.– There are 14,100 Model Ys registered.
– We look forward to a higher number of registrations in the Highlands in December. pic.twitter.com/NUig9RXlhn
— Tsla Chan (@Tslachan) December 5, 2023
For now, it looks like Tesla may hit its annual production goal of 1.8 million vehicles, assisted by the Giga Shanghai team, which is busy producing the new Model 3 that’s being sold domestically and for export to Europe and Asia-Pacific.