Tesla sells 28,217 China-made vehicles in July, down ~64% sequentially
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Tesla (NASDAQ:TSLA) sold 28,217 China-made vehicles in July, down 14.41% Y/Y and 64.24% M/M from 78,906 units in June.
The company sold nearly two-thirds less than a month earlier as a scheduled upgrade to its factory lines in Shanghai disrupted production.

The automaker exported 19,756 vehicles in July vs. 968 in June and 22,340 units during May.
Local deliveries slid to 8,461 vehicles vs. 77,938 in June.
The company's China cumulative wholesale sales were 322,974 units, up 65.87% from 194,711 in the same period last year.
In July, wholesale sales of new energy passenger vehicles in China were 564,000 units, up 123.7% Y/Y and down 1.1% M/M, according to the CPCA.
Retail sales of new energy passenger vehicles in July were 486,000 units, up 117.3% Y/Y and down 8.5% M/M.
China's overall passenger car sales in July jumped 20.1% from a year earlier to 1.84M, the CPCA said.
The association now expects electric car sales for the whole year could reach 6M units, higher than an earlier estimate of 5.5M.
A quick look at Tesla's monthly sales in China: 

BYD (OTCPK:BYDDF) delivered 163,042 cars in July, with plug-in hybrids accounting for more than half of its sales.
Peer Li Auto (LI) delivered 10,422 Li ONEs in July 2022, +21% Y/Y, XPEV (XPEV) delivered 11,524 Smart EVs in July 2022, +43% Y/Y and NIO (NIO) delivered 10,052 vehicles in July 2022, +26.7% Y/Y.
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TSLA gets a Buy rating from Wall Street Analysts, in contrast to Hold rating from SA Quant Rating system.