Tesla Model Y, Model 3 Chinese Sales Continue Global Downward Trend: Report

Benzinga
2025.08.11 11:10
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Tesla Inc. has reported a decline in sales for its Model Y and Model 3 in the Chinese market, with Model Y sales falling over 15% year-on-year and more than 30% compared to June. Model 3 sales also dropped 40% from the previous month. Despite a significant increase in exports, Tesla's global sales have seen double-digit declines in several markets, including a 60% drop in the UK and 21% in California. Overall, the company continues to face sales challenges worldwide.