Tesla's Model 3 and Model Y Sales in China Decline 12% in September
Tesla's sales of electric vehicles manufactured in China fell 10.9% year-over-year in September according to the China Passenger Car Association. They sold 74,073 China-made EVs. Sales of Tesla's Model 3 and Model Y vehicles in China decreased 12% from August to September. The sales dip comes a week after Tesla reported lower vehicle deliveries in Q3 compared to the previous quarter. Tesla's target of around 1.8 million vehicles for 2023 remains unchanged.
Transcript
00:00 It's Benzinga and here's what's on the block.
00:02 Tesla's sales of electric vehicles manufactured in China fell 10.9% year-over-year in September
00:07 according to the China Passenger Car Association.
00:10 They sold 74,073 China-made EVs.
00:14 Sales of Tesla's Model 3 and Model Y vehicles made in China decreased 12% from August to
00:19 September.
00:20 The sales dip comes a week after Tesla reported lower vehicle deliveries in Q3 compared to
00:24 the previous quarter.
00:25 Tesla's target of around 1.8 million vehicles for 2023 remains unchanged.
00:30 For all things money, visit Benzinga.com.
00:32 (door slams)