Tesla sells 21,900 EVs in China during first week of December

Tesla offers year-end incentives in China, including a 10,000 yuan ($1,375.89) discount on Model Y loans

Tesla sold 21,900 electric vehicles in China during the first week of December, marking its highest weekly sales in the fourth quarter of 2024, Tesla China reported on Wednesday.

This update follows Tesla’s best month in the Chinese market this year, with more than 73,000 vehicles sold in November. Over the past year, the Model Y has been the top-selling passenger vehicle in China, with 556,000 units sold.

To boost sales at the end of the year, Tesla has introduced new incentives in China. These include a limited-time discount of 10,000 yuan ($1,375.89) on outstanding loans for the Model Y, as the company faces competition from BYD’s cost-cutting strategies.

Monitoring Desk
Monitoring Desk
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