Tesla's China-made EV sales fall 6% y/y in April as woes deepen
- Tesla sold 58,459 China-made electric vehicles in April 2025, marking a 6% year-over-year decline and a 26% drop from March sales.
- The decline followed a brief rebound in March and reflects intensified competition from Chinese EV makers gaining market share through new models and pricing.
- Tesla's January-April China sales fell 18% year-on-year to 231,213 units, while rivals like Nio, Xpeng, and Li Auto posted record or strong delivery numbers in April.
- Tesla intends to begin manufacturing a more affordable version of the Model Y at its Shanghai facility starting in 2026, with the goal of cutting production costs by 20% to help maintain its 10.4% share of China’s battery-only electric vehicle market.
- Tesla's sales slide illustrates growing challenges from rapid innovation, government subsidies to Chinese rivals, and geopolitical tensions harming demand in China.
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Tesla (TSLA) deliveries slide in China as it emphazies that its EVs are 'made in China'
Tesla’s deliveries are sliding in China amid a perfect storm of factors dragging demand down, including Chinese buyers preferring Chinese brands amid the trade war with the US. The American automaker is trying to counter the anti-American sentiment by emphasizing that its electric vehicles are ‘made in China’. more…
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Leaning Left4Leaning Right2Center5Last UpdatedBias Distribution45% Center
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