Foreign media: Tesla's sales of China-made electric vehicles in August grew only 3.6% year-on-year, a significant slowdown compared to the 38% increase in July, and declined by 7.9% month-on-month. Sales of Model 3 and Model Y produced at the Shanghai factory (including exports to Europe, Asia-Pacific, and Canada) reached 86,166 units, marking the 10th consecutive month of year-on-year growth, but the momentum is weakening. Tesla's performance varies across major global markets—sales rose significantly in France and Denmark, while markets such as Norway, Spain, Sweden, Portugal, and Italy are showing weakness.
Meanwhile, Tesla faces intense competition from domestic new energy vehicle manufacturers in China, particularly BYD, which is expanding its market share through lower prices and richer configurations.
Data shows that Tesla’s market share in China has dropped from over 15% in 2020 to 6.6% in the second quarter of 2026. To counter weak domestic demand, Tesla is increasingly relying on exports, with the Shanghai factory’s export volume surpassing half of its production for the first time in the second quarter. At the same time, rising influence of Chinese automotive safety regulations is adding new compliance pressures on Tesla.
Original article: toutiao.com/article/1875231387176000/
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