In June, Tesla Giga Shanghai's wholesale vehicle shipments, including local sales and exports, dropped for the third straight month. The 24% year-over-year decrease in Tesla's MIC Model 3/Model Y cars is concerning for the China factory.
Q2 of 2024 saw a 17% drop in wholesale shipments for Tesla Giga Shanghai compared to the previous year. This resulted in a total of 205,747 units, down from 220,876 in Q1, leading to a 10% drop in total wholesale sales year-to-date.
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