Tesla's sales in China dropped nearly 12% in the second quarter of 2025, totaling 129,000 vehicles sold. The Model Y, the best-selling SUV in China, has shown flat sales since 2022, facing increased competition from Xiaomi's YU7 electric SUV, which received over 240,000 preorders in 24 hours. Tesla competes with aggressive pricing from Xiaomi and another newcomer, Xpeng with its G7 Model Y rival. An independent analyst asserts the YU7 poses a genuine threat to the Model Y's market dominance, a challenge Tesla has not encountered before.
Tesla's sales in China decreased by nearly 12% in Q2 2025, selling 129,000 vehicles, highlighting struggles despite a sales increase in June.
The Model Y sales have been stagnant since 2022 while competition grows, with Xiaomi's YU7 setting new preorder records, indicating a significant market shift.
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