- May 19, 2017
Sales of Tesla vehicles in China plunged 69 percent in July, according to the China Passenger Car Association (CPCA).
According to the report Tesla sold 32,968 vehicles in China last month, compared to 28,138 in June. Tesla currently builds its Model 3 sedan and Model Y SUV at its factory in Shanghai.
Overall, retail sales of passenger vehicles, including sedans, sport-utility vehicles, and multipurpose vehicles, dropped 6.2 percent year on year to 1.5 million units in July, the Association said.
Tesla has stumbled a bit in China. The company has had to recall nearly all of the cars built in Shanghai. The company also experienced some bad PR with protestors claiming that Tesla was producing vehicles with quality and safety issues.
The struggles are concerning, given that China is a major market for electric vehicles. Tesla faces much more competition in China, where there are a number of electric carmakers with products marketed at a much cheaper price.