Tesla's China deliveries fall 36% sequentially in January
Win McNamee/Getty Images News


Tesla (NASDAQ:TSLA) delivered 26,843 vehicles in China in January 2023, according to data released today by the China Passenger Car Association (CPCA).
Deliveries in China fell 35.98% from 41,926 units shipped in December 2022, but was up 38.75% Y/Y.

Overall, the EV maker sold 66,051 China-made vehicles in January, including 39,208 vehicles exported. Including exports, January sales were up 18.38% sequentially and 10.37% Y/Y.
Retail sales of new energy vehicles in China were 332K in January, meaning that Tesla's share of the Chinese NEV market was 8.09% in the month, up from 6.55% in December 2022.
In early January, the company significantly reduced the prices of its full Model 3 and Model Y lineup in China. The January numbers reflect its sales performance after the price cuts.
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