In March 2025, Tesla China reported a remarkable recovery with sales reaching 78,828 vehicles, a 156.87% increase from February, although this was an 11.49% decrease year-over-year. For the first quarter, total sales fell to 172,754, marking a 21.79% decline compared to Q1 2024. The changes in production for the updated Model Y at Giga Shanghai impacted overall quarterly performance. However, the new Model Y gained popularity, becoming the best-selling vehicle in March with 43,370 units sold, indicating positive market reception despite the quarterly slump.
Tesla China experienced a significant rebound in sales during March 2025, achieving impressive numbers despite a year-over-year decline, reflecting a robust month-over-month recovery.
Despite Tesla's optimistic outlook with the ramp of the new Model Y, the transition in production lines resulted in a notable year-over-year decrease in Q1 sales.
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