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Tesla's China sales fall to 3-year low amid tepid demand
Tesla’s China sales fell 35.8% in October 2025 to 26,006 units, with market share dropping to 3.2% amid strong competition and reduced government subsidies, China Passenger Car Association said.
- On Monday, Tesla reported October retail sales of 26,006 vehicles in China, its lowest monthly figure since November 2022, down 35.8% year-on-year and cutting market share to 3.2%.
- Amid subsidy and tax-perk rollbacks, analysts note that Chinese domestic EV manufacturers undercut Tesla on price and technology, weakening demand in China.
- Exports climbed to a two-year high, with China-built Tesla exports reaching 35,491 units last month as Model Y L momentum from September faded into October.
- Following executive exits, Tesla's sales face risk, as analysts say two record months in November and December are needed to prevent a full-year decline in China.
- As demand softens in Europe and elsewhere, the rise of domestic Chinese brands means China's EV exports doubled to about 250,000 and AlixPartners projects they could reach 30% of the global vehicle market by 2030.
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Tesla China Sales Hit 3-Year Low
Tesla Inc. (NASDAQ: TSLA) sales in China dropped to 26,006 in October, the lowest total in three years. That is down almost 38% from the same period of last year. Quick Read Tesla Inc. (NASDAQ: TSLA) sales in China have fallen to their lowest in three years. Yet, poor sales there and in other global markets have not hurt Tesla stock. Are you ahead, or behind on retirement? SmartAsset’s free tool can match you with a financial advisor in minu…
·New York, United States
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Associated Press News+5 Reposted by 5 other sources
China's car sales slow in October as some trade-in subsidies, tax breaks are phased out
China has reported its passenger car sales slowed in October, even for electric vehicle makers BYD and Tesla, as automakers cut prices to compete in an overcrowded market.
·United States
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Coverage Details
Total News Sources26
Leaning Left8Leaning Right0Center5Last UpdatedBias Distribution62% Left
Bias Distribution
- 62% of the sources lean Left
62% Left
L 62%
C 38%
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