Tesla sales in China fall 11% in March, but musk automaker returns to the ‘top 3’

by Andrea
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Tesla’s electric vehicle sales in China were falling in March, but Elon Musk’s electric vehicle automaker has again been among the largest in the world’s largest competition in the largest automotive market in the world.

Last month, Tesla sold 78,828 cars manufactured in China, 11% less than in March last year, but more than double the volume sold in February, according to data from the China (CPCA) passenger cars association.

In February, Tesla began selling a new version of its Y model in China.

Tesla sales in China fall 11% in March, but musk automaker returns to the 'top 3'

The Chinese Byd remained at the top of the ranking, with 371,419 vehicles sold in March, and local competitor Geely was in second place with 119,696 units. Tesla returned to third place in the Chinese market in March, after being out of “Top 5” in February.

Last year, BYD’s revenue increased to the equivalent of $ 107 billion, exceeding the $ 100 billion mark for the first time and exceeding Tesla’s. Source: Dow Jones Newswires.

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