09:20 AM EST, 11/04/2025 (MT Newswires) -- Tesla (TSLA) shares were down almost 3% premarket Tuesday after Reuters said sales of the company's electric vehicles produced in China declined 9.9% year over year in October to 61,497 units, following a 2.8% increase in September.

Citing data from the China Passenger Car Association, the report said that sales of the company's Model 3 and Model Y made at the Shanghai factory fell 32.3% in October compared with September. Sales included exports of vehicles to Europe, India, and other markets, according to the report.

Tesla did not immediately reply to a request for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)