Tesla China Faces Sales Dip in January 2025 Amidst Holiday Slowdown and Strategic Factory Upgrade
Tesla's January 2025 China sales, including exports, reached 63,238 vehicles, marking a decline due to the Lunar New Year holiday disrupting production. The Shanghai factory paused select lines for equipment optimization, anticipating the refreshed Model Y, which saw a whopping 70,000 orders in just five days. Tesla's response includes aggressive pricing strategies, such as offering insurance subsidies for Model 3 purchases.
Feb 7