Tesla's EV sales in China rose 8.8% year over year in 2024, reaching over 657,000 vehicles sold—showing strong growth despite a slight decline globally.
In December alone, Tesla delivered a record 83,000 vehicles in China, contributing to 36.7% of its total global deliveries for the year.
To boost sales, Tesla implemented late-term promotions in China, including a substantial discount on Model Y purchases and zero-interest financing options.
Tesla's Giga Shanghai isn't just servicing the local market; it also manufactures vehicles for a variety of neighboring markets in the Asia-Pacific region.
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