Tesla delivered over 770,000 vehicles in China, strong demand grew against the trend

According to news on November 6, Tesla China’s delivery volume in the first 10 months of this year reached an impressive 771,000 vehicles, which has exceeded the delivery volume for the whole of last year. At the same time, Tesla's demand has declined in many markets around the world, including its home base in the United States. However, demand in the Chinese market has continued to grow strongly.

Tesla China’s wholesale sales in October were 72,115 vehicles, according to data released by the Passenger Car Association. Although it fell by 2% month-on-month, this was mainly due to the impact of the refreshed version of Model 3. Deliveries of this model only started on October 26, so many car owners are holding on to their money to buy the refreshed version. According to the latest weekly sales list, from October 23 to 29, the weekly sales of the refreshed version of Model 3 reached 2,276 units, so it is expected that Tesla’s sales are expected to continue to rebound in November

Tesla’s global delivery volume only reached 1.31 million vehicles in 2022, of which the Shanghai Super Factory delivered 710,000 vehicles. However, what is striking is that it only took nine months for the Shanghai factory to successfully equal last year's delivery data. Tesla's global delivery target for this year is 1.8 million vehicles, and as of September it has completed the delivery of 1.324 million vehicles. Therefore, we wait and see whether Tesla can complete the remaining 476,000 vehicle delivery goals in the next two months. Tesla’s strong performance in the Chinese market has injected new vitality into its global performance

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