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Market Chatter: Tesla's Chinese EV Sales Declined 11.5% in January
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Market Chatter: Tesla's Chinese EV Sales Declined 11.5% in January
Feb 7, 2025 3:11 AM

05:57 AM EST, 02/07/2025 (MT Newswires) -- Tesla's (TSLA) sales of China-made electric vehicles fell 11.5% year over year to 63,238 units in January, Reuters reported Friday citing data from the China Passenger Car Association.

The US automaker's deliveries of China-made Model 3 and Model Y vehicles declined 32.6% from December, the report said.

Meanwhile, sales of Tesla's Chinese rival BYD's passenger vehicles increased 47.5% yearly to 296,446 last month but fell 41.8% from the previous month, according to Reuters.

Tesla did not immediately respond to MT Newswires' request for comment on the matter.

(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.)

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