Tesla's electric vehicle sales in China fell by 8.4% in July, and the downturn in the European market continues
Tesla's electric vehicle sales in China in July fell by 8.4% year-on-year, mainly affected by competitive pressure from low-priced models of local rivals. According to data from the China Passenger Car Association (CPCA), the delivery volume of Model 3 and Model Y from Tesla's Shanghai factory was 67,886 units, a decrease of 5.2% month-on-month. Compared to competitors like BYD, Tesla's sales are still significantly lagging. Tesla is also facing pressure in the European market, with registration numbers dropping sharply in several countries. Nevertheless, Tesla's stock price rose by 2.10% in pre-market trading on Monday
According to Zhitong Finance APP, affected by intensified competitive pressure from local competitors launching low-priced models, Tesla (TSLA.US) saw a year-on-year decline of 8.4% in electric vehicle sales in China in July. Data from the China Passenger Car Association (CPCA) shows that the delivery volume of Model 3 and Model Y vehicles (including exports to Europe and other markets) produced at Tesla's Shanghai factory last month reached 67,886 units, a month-on-month decrease of 5.2%.
This performance still shows a significant gap compared to other mainstream competitors in China. Rival BYD's passenger car sales in July 2025 were 341,030 units, a slight increase from 340,799 units in July 2024.
Other Chinese electric vehicle companies, including Nio (NIO.US) and XPeng (XPEV.US), also reported year-on-year growth in sales. Nio's delivery volume in July increased by 2.5% year-on-year; XPeng set a monthly record with a delivery volume of 36,717 smart electric vehicles, surging 229% year-on-year.
Tesla is also facing increasing pressure in the European market. Official industry data shows that in July, Tesla's registration volume in Sweden decreased by 86% year-on-year, in Denmark by 52%, in France by 27%, in the Netherlands by 62%, and in Belgium by 58%.
As of the time of publication, Tesla's stock price rose by 2.10% in pre-market trading on Monday
