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    Tesla China Sees Strong October with 40K Domestic Sales, Model Y Leads Market Demand

    Author AvatarBy Patrick Butler No Comments 4 Mins Read

    Tesla China recorded impressive domestic sales of 40,485 units in October 2024, marking a 41% year-over-year growth despite lower month-to-month totals. The Model Y maintained its popularity, accounting for 62% of Tesla’s wholesale sales, as the company navigated a shifting electric vehicle market in China.

    Tesla China’s October Sales Show 41% Yearly Growth but Fall Short of Forecast

    In October 2024, Tesla China sold 68,280 cars at wholesale prices. Out of this total, 27,795 cars were shipped to overseas markets. The China Passenger Car Association (CPCA) recently produced data that supported this.

    Recent figures from the CPCA reveal that Tesla China’s

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    He is a distinguished financial analyst with a wealth of experience in the Forex and cryptocurrency markets. With a career spanning over 15 years, Patrick has honed a keen understanding of market dynamics, using both technical analysis and macroeconomic insights to forecast trends and identify opportunities. His work is characterized by a meticulous attention to detail and an ability to simplify complex concepts, making him a respected authority for both institutional investors and individual traders. Patrick’s analytical depth and pragmatic approach have earned him recognition as a trusted expert in the ever-evolving world of finance.

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