{"id":247314,"date":"2023-12-04T18:19:45","date_gmt":"2023-12-04T18:19:45","guid":{"rendered":"https:\/\/automotobuzz.com\/?p=247314"},"modified":"2023-12-04T18:19:45","modified_gmt":"2023-12-04T18:19:45","slug":"tesla-china-made-ev-wholesale-sales-fall-18-in-november-2023","status":"publish","type":"post","link":"https:\/\/automotobuzz.com\/electric-cars\/tesla-china-made-ev-wholesale-sales-fall-18-in-november-2023\/","title":{"rendered":"Tesla China-Made EV Wholesale Sales Fall 18% In November 2023"},"content":{"rendered":"

In November, the overall wholesale vehicle shipments (local retail sales and exports) of Tesla Made-in-China (MIC) cars decreased compared to a year ago.<\/p>\n

According to the China Passenger Car Association’s (CPCA) initial data, the overall volume of Tesla MIC Model 3\/Model Y cars last month amounted to 82,432 units, which is almost 18% less than a year ago.<\/p>\n

Such a decrease is not a good sign, although we also have to account for the fact that a year ago, the result was a record high at 100,291 (Tesla started to lower prices to boost sales). Another thing is that, compared to October, the sales volume improved by over 10,000 units.<\/p>\n

* CPCA reports wholesale shipments, not registrations\/customer deliveries.<\/em><\/p>\n

It’s too early to say that Tesla is in trouble in China, especially since the company is trying to ramp up production and sales of the significantly upgraded Model 3 (code name Highland) and the slightly updated Tesla Model Y in China.<\/p>\n

However, the dynamic of growth this year will be much lower than in the previous years\u2014 potentially lower than the market’s average, which means that Tesla is losing its market share.<\/p>\n

Tesla MIC Model 3\/Model Y wholesale shipments last month (YOY change):<\/p>\n