Additional sales data from China reveals Tesla’s exports and retail sales in the world’s largest electric car market for the month of October.<\/p>\n

According to the China Passenger Car Association’s (CPCA) data, the overall volume of Tesla MIC Model 3\/Model Y wholesale vehicle shipments last month amounted to 72,115 units, which is barely 0.6 percent more than a year ago.<\/p>\n

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

Out of that number, 28,626 units were sold in China (up 66 percent year-over-year) and 43,489 units were exported (down 20 percent year-over-year).<\/p>\n

We guess that November will bring higher volume, especially when it comes to retail sales in China. That’s because of the ramp-up of production and deliveries of\u00a0the significantly upgraded Model 3 (code name Highland) and slightly updated Tesla Model Y.<\/p>\n

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

\n
• Retail sales in China: 28,626 (up 66%)<\/li>\n
• Export: 43,489 (down 20%)<\/li>\n
• Total wholesale shipments: 72,115 (up 1%)<\/li>\n<\/ul>\n

  <\/p>\n

  Tesla MIC Model 3\/Model Y wholesale shipments year-to-date (YOY change):<\/p>\n

  \n
  • Retail sales in China: 462,355 (up 38%)<\/li>\n
  • Export: 308,816 (up 41%)<\/li>\n
  • Total wholesale shipments: 771,171 (up 39%)<\/li>\n<\/ul>\n

    <\/p>\n

    <\/p>\n

    One of the most interesting things is that Tesla is expected to increase Model 3 and Model Y prices in China. According to unofficial reports (via CnEVPost<\/em>), the price increase might happen on November 9.<\/p>\n

    The question is whether it will be a significant change and if it’s somehow related to a potentially higher demand for the updated Tesla cars.?<\/p>\n

    The detailed sales data for individual model sales in China is available only through September. The Model 3 was down in September because of the switchover to a new version.<\/p>\n

    <\/p>\n

    The decrease in retail sales of the Tesla Model Y in China was small and we guess that the following months will bring some growth.<\/p>\n

    
    \nSource: Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

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