Tesla (TSLA) sales in China crash 45% to lowest level in over three years
electrek.co
Tesla’s domestic sales in China collapsed 45% year-over-year in January, falling to just 18,485 units — the automaker’s lowest monthly...

Tesla’s domestic sales in China collapsed 45% year-over-year in January, falling to just 18,485 units — the automaker’s lowest monthly retail figure in the country since November 2022. The data, released today by the China Passenger Car Association (CPCA), paints a grim picture of Tesla’s demand in the world’s largest EV market.

The figure represents an 80% plunge from December’s record-high 93,843 domestic deliveries. While seasonal declines between December and January are normal in China, a 45% year-over-year drop is not.

  • Hotznplotzn@lemmy.sdf.orgEnglish
    17·
    6 小时前

    It’s not only Tesla. According to official data, China’s auto sales fall at fastest pace in nearly two years in January

    • Domestic car sales in China drop 19.5% from the year before to 1.4 million vehicles, the biggest decline since February 2024
    • Electric cars and plug-in hybrids, which had previously been outpacing the overall market, fell 22.9 per cent in January
    • China’s champion BYD’s sales were hit particularly hard in January, falling 30 per cent, higher than the industry average
    • Subsidised auto trade-ins exceeded 11.5 million vehicles in 2025, accounting for nearly half the total vehicle sales
    • jacksilver@lemmy.worldEnglish
      3·
      2 小时前

      Any idea if this is within expected ranges or is there something breaking down. I know that there has been speculation that the way the industry was operating wasn’t sustainable, but is this a natural/maintainable shift or something else?

      • Novi Sad@feddit.orgEnglish
        1·
        1 小时前

        I recall the general observation that a lot of Chinese EV companies were being built up, quickly building production capacities that, taken together, greatly exceed demand, each company hoping to be among the few that eventually survive. So that what we’re now seeing would be this show down