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Tesla China sold nearly 21,800 vehicles in May: Analyst

According to previous data from the Travel Association, Tesla China sold approximately 25,845 vehicles in April and 35,478 vehicles in March. Tesla has sold 95,000 vehicles in China in the first four months of this year and 14,174 vehicles were exported. The data declined in April, but it is understandable considering that the Shanghai plant had stopped production for two weeks.

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A Tesla China analyst said today that Tesla sold approximately 21,800 vehicles in China in May (excluding exports), an increase or decrease of 88% month-on-month. If the data is true (he last predicted that the data in January was accurate), Tesla’s delivery volume this month may still be unable to recover the peak data.

Data showed that Tesla China’s monthly net orders fell to about 9,800 in May. This figure directly caused Tesla’s stock price to fall by nearly 5% in afternoon trading.

The electric car manufacturer Tesla, China is the second-largest market after the United States, accounting for about 30% of its sales. In addition, Tesla also has a factory in Shanghai that specializes in the production of Model 3 electric cars and Model Y sport utility vehicles.


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