<div id="readability-page-1"><div><div>Tesla Inc. TSLA experienced a decline in sales in the third week of July in the Chinese domestic market amid sluggish sales in North America and Europe.Check out the current price of TSLA stock here.What Happened: Elon Musk's automaker recorded 9.9k new insured registrations in China during the week of July 14 to July 20, data shared on Tuesday by influencer Roland Pircher on X showed.Sales declined 19.3% compared to last week, when Tesla registered over 12.3k new insured registrations. However, this quarter for the EV giant is up over 72.2% but sales are down 4.3% YoY.Why It Matters: The figures follow an interesting time for Tesla. While sales in the U.S. dropped over 12% in Q2, the Chinese figures have continued to be resilient for Musk and Tesla.Dwindling sales have also led to high-profile exits from the EV maker, with Troy Jones, who led the Tesla sales team for more than a decade, recently parting ways with the company to be replaced by Raj Jegannathan, a senior IT executive at Tesla.Meanwhile, the company is doubling down on China with Tesla recently registering the Model 3+ trim with over 500 miles of range on a single charge, as the all-electric sedan recently reached the 3 million worldwide sales mark.Tesla offers Satisfactory Momentum and Quality, while scoring well on the Growth metric, but offering 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>Tesla Rival Geely's Zeekr, Neta Inflated Sales Data In China Through Insurance Scheme Amid ‘Zero-Mileage' Used Cars Row: Report</li> </ul>Photo Courtesy: Ian Dewar Photography On Shutterstock.com</div></div></div>

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Tesla Inc. reported a nearly 20% decline in weekly sales in China, with 9.9k new insured registrations from July 14 to July 20, down from over 12.3k the previous week. Despite a 72.2% increase this quarter, year-over-year sales are down 4.3%. The drop follows a 12% sales decline in the U.S. in Q2 and has led to significant personnel changes within the company. Tesla continues to focus on the Chinese market, recently registering a new Model 3+ trim.

- Tesla Inc. TSLA reported a decline in sales in China, with 9.9k new insured registrations during the week of July 14 to July 20, down 19.3% from the previous week.  
- Despite a 72.2% increase this quarter, year-over-year sales are down 4.3%, coinciding with a 12% drop in U.S. sales in Q2.  
- High-profile exits from the company, including the sales team leader, reflect challenges, while Tesla continues to focus on the Chinese market with new product registrations.  

Tesla Weekly Sales In China Fall Nearly 20%, Slipping Below 10K Units