China-made deliveries of Tesla's Model 3 and Model Y vehicles continue to expand on an annual basis in October, extending the automaker's run of growth from its Shanghai plant. The increase includes vehicles exported to Europe, Asia Pacific and Canada, even as monthly sales decline sharply from September.
Highlights
- Tesla's China-made Model 3 and Model Y deliveries rose 10.3% year on year to 67,829 units in October, according to the China Passenger Car Association.
- October's delivery growth accelerated from a 5% annual increase in September, marking the twelfth consecutive month of year-on-year growth.
- Tesla's October deliveries fell 28.9% from September, indicating weaker monthly momentum despite continued strong export and domestic shipment volumes from Shanghai.
October delivery data from Shanghai
As reported by Reuters, citing the China Passenger Car Association, deliveries of Tesla's China-made Model 3 and Model Y vehicles rise 10.3% year on year to 67,829 units in October.The October result accelerates from a 5% annual increase in September and marks a 12th straight month of year-on-year growth. The tally covers vehicles produced at Tesla's Shanghai factory, including exports to Europe, Asia Pacific and Canada.
Monthly slowdown tempers annual growth
Despite the annual gain, October sales fall 28.9% from September on a monthly basis.The figures point to continued overseas and domestic shipment volume from Tesla's main China production hub, while also showing weaker momentum compared with the previous month.
In our earlier article on China’s third-quarter growth outlook and late-September policy support, we noted that economists expected only a modest pickup, still near the low end of Beijing’s full-year target. We also highlighted how stronger exports and factory output were helping offset weak domestic consumption, subdued private investment, and ongoing property-market stress.
-
Afghanistan
-
Albania
-
Algeria
-
Angola
-
Argentina
-
Armenia
-
Australia
-
Austria
-
Azerbaijan
-
Bahamas
-
Bahrain
-
Bangladesh
-
Belarus
-
Belgium
-
Bolivia
-
Botswana
-
Brazil
-
Brunei
-
Bulgaria
-
Cambodia
-
Cameroon
-
Canada
-
Chile
-
China
-
Colombia
-
Congo
-
Costa Rica
-
Cote d'Ivoire
-
Croatia
-
Cuba
-
Cyprus
-
Czechia
-
DR Congo
-
Denmark
-
Dominican Republic
-
Ecuador
-
Egypt
-
El Salvador
-
Estonia
-
Eswatini
-
Ethiopia
-
Finland
-
France
-
Georgia
-
Germany
-
Ghana
-
Greece
-
Haiti
-
Hong Kong
-
Hungary
-
India
-
Indonesia
-
Iran, Islamic republic
-
Iraq
-
Ireland
-
Israel
-
Italy
-
Jamaica
-
Japan
-
Jordan
-
Kazakhstan
-
Kenya
-
Korea
-
Kuwait
-
Kyrgyzstan
-
Laos
-
Latvia
-
Lebanon
-
Lesotho
-
Libya
-
Lithuania
-
Luxembourg
-
Madagascar
-
Malaysia
-
Malta
-
Mauritius
-
Mexico
-
Moldova
-
Mongolia
-
Montenegro
-
Morocco
-
Mozambique
-
Myanmar
-
Namibia
-
Nepal
-
Netherlands
-
New Zealand
-
Nigeria
-
North Macedonia
-
Norway
-
Oman
-
Pakistan
-
Palestine
-
Panama
-
Papua New Guinea
-
Paraguay
-
Peru
-
Philippines
-
Poland
-
Portugal
-
Puerto Rico
-
Qatar
-
Reunion
-
Romania
-
Rwanda
-
Saudi Arabia
-
Serbia
-
Singapore
-
Slovakia
-
Slovenia
-
Somalia
-
South Africa
-
Spain
-
Sri Lanka
-
Sweden
-
Switzerland
-
Syria
-
Taiwan
-
Tajikistan
-
Tanzania
-
Thailand
-
Trinidad and Tobago
-
Tunisia
-
Turkey
-
UAE
-
Uganda
-
Ukraine
-
United Kingdom
-
United States
-
Uruguay
-
Uzbekistan
-
Venezuela
-
Vietnam
-
Yemen
-
Zambia
-
Zimbabwe
- Forex
- Crypto
