Tesla car sales in China decreased by 11.5% as the competition is intensified

Something TeslaCars made to China in January, the competition of local competitors continued to warm.

Tesla sold 63,238 electric cars in January, sold in the same month last year 11.5% lower than in the car.

Tesla shares decreased by about 1.5% in premarket trade.

Chinese opponent Byd Meanwhile, 296,446 pure electricity and plugin hybrid vehicles were sold last month, 47% in the year.

Tesla’s other tank rivals, including Changan Automobile and XPeng, also placed the growth on sale.

Tesla tried to use pricing discounts as an incentive to protect the interests of buyers in the car. Late Tesla last year reduced the price Its model Y and the end of January, by the end of January, the zero interest loan plan has also extended a five-year credit plan.

Last month, the US giant also announced an updated version of the model, which is one of the most sold home autos. This also came with a 0% percent plan.

Tesla did not provide a new model because in late 2023, cybertruck began to surrender in late 2023. Investors received a gift for a new mass market model to strengthen sales.

Tesla, in the first half of 2025, said that a new suitable model could be commissioned.

Meanwhile, the car manufacturer, this year’s “fully self-driving”, this year, as “fully self-driving” this year, because the opponents also spread similar features.