Tesla Drops 1.5% Premarket After Sales Of China-Made EVs In January Drop 11.5% YoY

Quick Summary:

Last year, Tesla sold 71,447 China-manufactured vehicles in January and 93,766 in December, according to a report from CnEVPost, citing data from the China Passenger Car Association (CPCA).

American EV giant Tesla Inc.(NASDAQ:TSLA) reportedly sold 63,238 China-made vehicles in January, marking a dip of 11.5% from the corresponding month of 2024.

Possible Reasons For Drop: The drop in sales was likely because of the Chinese New Year holidays to the end of January.

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Article Details

Author / Journalist: Anan Ashraf

Category: Technology

Markets: United StatesChina

Topics: US88160R1014 Tech Tesla China Mobility Electric vehicles TSLA News EVs Benzinga KeyProj BYDDY

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-07 @ 12:06:48 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 377 words

Reading Time: 3 minutes read

Sentences: 18 lines

Sentence Length: 21 words per sentence (average)

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Copyright Owner: © Benzinga

News ID: 25960678

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