<div id="readability-page-1"><div><div>Tesla Inc. TSLA experienced a surge in sales in China during the month of June amid declining sales in other markets.What Happened: Elon Musk's EV giant sold 61,000 units in the Chinese domestic market, a 3.7% YoY increase from the same time last year, according to data obtained by Reuters on Thursday.Tesla sales also jumped 59% in China when compared to sales in May, the report suggests.Why It Matters: The news comes as Tesla reported better-than-expected Q2 delivery results with over 384k deliveries, largely driven by the Tesla Model 3 and the Tesla Model Y.The sales surge in China could provide a major boost to Musk and Tesla amid a 60% decline in Swedish and Danish sales, as well as poor sales figures in Canada.The news also coincides with Musk assuming oversight of Tesla's sales operations in the West in Europe and the U.S. after Omead Afshar's exit from the company.Tesla offers satisfactory Momentum and Quality, while scoring well on the Growth metric, but the stock offers poor Value. For more such insights, sign up for Benzinga Edge Stock Rankings today!Check out more of Benzinga’s Future Of Mobility coverage by following this link.<ul> <li>After Trump Warns Elon Musk To ‘Close Up Shop,’ China Rallies Behind World’s Richest Man: ‘There’s No Need To Keep Putting Up With It’</li> </ul>Photo courtesy: VTT Studio / Shutterstock.com</div></div></div>

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Tesla Inc. saw a 3.7% year-over-year increase in sales in China, selling 61,000 units in June, despite declining sales in other markets. This surge, a 59% increase from May, comes alongside better-than-expected Q2 delivery results of over 384,000 units, primarily driven by the Model 3 and Model Y. The sales boost in China is significant as Tesla faces a 60% decline in sales in Sweden and Denmark, and poor figures in Canada. Elon Musk has also taken over Tesla's sales operations in Europe and the U.S.

- Tesla Inc. experienced a 3.7% year-over-year increase in sales in China, selling 61,000 units in June.  
- This surge contributed to better-than-expected Q2 delivery results, with over 384,000 deliveries, primarily from the Model 3 and Model Y.  
- The increase in China sales is significant amid a 60% decline in sales in Sweden and Denmark, and it coincides with Elon Musk taking charge of Tesla's sales operations in Europe and the U.S.  

Elon Musk's Tesla Sales Surge 3.7% In China As Other Markets Cool