financetom
Business
financetom
/
Business
/
Market Chatter: Tesla's Sales in China Reach Record High in 2024
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Market Chatter: Tesla's Sales in China Reach Record High in 2024
Jan 3, 2025 5:02 AM

07:35 AM EST, 01/03/2025 (MT Newswires) -- Tesla (TSLA) said its sales in China increased 8.8% to a record high of more than 657,000 cars in 2024, while its annual global deliveries fell for the first time, Reuters reported Friday.

In December, Tesla's China sales increased 12.8% from a month earlier to a record high of 83,000 units, according to Tesla China.

In 2024, Tesla delivered 36.7% of its cars to customers in China, while global deliveries fell 1.1% and exports from China declined by 24%.

Tesla's China-made EV sales in December decreased 0.4% from a year earlier to 93,766 units, according to data from the China Passenger Car Association.

Full-year sales of China-made Model 3 and Model Y vehicles, including domestic China sales and exports, dropped 3.3%. Exports from China fell to about 260,000 last year, according to Reuters calculations.

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

(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.)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Copyright 2023-2026 - www.financetom.com All Rights Reserved