Tesla sales info in China
2017 Tesla sales in China: about 20,000 units
The new Tesla Model S P100D
Unlike most foreign automakers in China, Tesla has yet to establish local production and still solely relies on exporting its vehicles from California to the largest auto market in the world.
Nonetheless, Tesla managed to double its sales in China last year as it is significantly expanding its presence in the country.
Tesla was off to a tough start in China in 2014 and 2015, but things started to improve for them in the country in 2016 when they managed to triple their sales to over $1 billion during the year.
The automaker wasn’t able to maintain the insane growth rate in 2017, but the company confirmed today that it still managed to double sales in China to over $2 billion in 2017.
They don’t confirm the number of cars sold per market, but it has to represent over 20,000 vehicles based on their average sale price.
Sales were helped in 2017 by China’s surprising demand for Tesla’s Model X. The vehicle has been extremely popular in the country. For example, look at the number of Model X SUVs at this Tesla owners meet-up in Shenzhen, China last month (images by Dennis Chang):
Tesla to Slash Model X and Model S Prices in China Tesla Inc (NASDAQ: TSLA) stock continued to slide Friday after an announcement that it will lower prices on its cars for the Chinese market. The prices of Model S sedan and Model X SUV are to be reduced by between 12% and 26%, a significant reduction which is meant to make Tesla seem more affordable and competitive in Chine. According to CNN the basic version of the Model S now costs 782,900 yuan ($113,000) — down from 849,900 yuan ($122,525) — while the most expensive version of the Model… Read more »
Nikola Tesla
Nikola Tesla may be the most influential and prolific inventor you’ve never heard of. Born in 1856 in what is now Croatia, Tesla immigrated to the United States in 1884. His background in mechanical and electrical engineering earned him a job working alongside Thomas Edison in his Manhattan headquarters.
In order to support its growing fleet in China, Tesla has been significantly expanding its presence in the country. Tesla China confirmed yesterday that it has over 1,000 Superchargers and 2,000 Destination Chargers across the country. As we previously reported, Tesla’s three largest Supercharger stations in the world are located in China. The Chinese government also significantly expanded public charging stations in the country last year and Tesla added a new dual connector charge port design for Model S and Model X in order to support the government’s charging standard. The automaker has also expanded its retail and service presence… Read more »
Tesla lowers prices cars in China Tesla Lowers Car Prices in China After Trade War Hits Demand Bloomberg News November 22, 2018 Tesla Inc. lowered the prices of the Model S and Model X in China, seeking to boost sales after the trade war with the U.S. hit demand in the world’s biggest car market. Prices for the models were lowered by 12 percent to 26 percent, the company said in a statement Thursday. The Model S sedan now starts at 782,900 yuan ($113,000) while the Model X sport utility vehicle is priced from 861,800 yuan, according to its website.… Read more »