<div id="readability-page-1"><div><div><p><strong>Deutsche Bank</strong> analysts have released delivery estimates for <strong>Tesla Inc.</strong> <span>TSLA</span>, <strong>Nio Inc.</strong> <span>NIO</span>, <strong>BYD Co. Ltd.</strong> <span>BYDDY</span> <span>BYDDF</span>, for August.</p><h2>Tesla Deliveries To Grow Over July</h2><p>The analysts predict Tesla would deliver over 53,000 units in China for August, CnEVPost reported on Wednesday, citing a note released by Deutsche Bank. The deliveries, while recording a 29% surge over last month, still illustrate a 17% YoY decline for <strong>Elon Musk</strong>'s EV giant.</p><p>The analysts predict the Model Y L, a six-seater variant of the Model Y crossover SUV, is the primary driver behind the growth, citing feedback from local Tesla dealers in China.</p><h2>Nio Continues Growth, BYD Deliveries Remain Flat</h2><p>Elsewhere, Nio is expected to deliver over 32,000 units for August, recording a 59% jump over the previous year. Nio's delivery prediction, if accurate, would represent a new monthly record for the company, up from December 2024's 31,138 units.</p><p>BYD, meanwhile, will continue to register a flat sales performance, but a 7% YoY decline for the Chinese EV giant. BYD's 345,000 sales figure includes cumulative sales for the company's EVs as well as PHEVs or Plug-In Hybrid Vehicles.</p><h2>Tesla Sales Fall In China Amid Model 3+ Sedan Release</h2><p>The news comes as Tesla recorded a 27.5% YoY drop in Chinese sales during the week from August 18 to August 24, registering 10.3k new units in China. Despite the decline, Tesla's performance still showcased a 47.9% improvement over the previous quarter.</p><p>Tesla also released the Model 3+ sedan in China, which is a long-range trim of the Model 3 with over 500 miles of range on a single charge with an LFP battery in tow.</p><h2>Model Y's Low U.S. Inventory, Falling Sales Globally</h2><p>The company is also reportedly running low on inventory for the Model Y crossover in the U.S., with there being no available units of the SUV within 200 miles of Austin, Texas.</p><p>On the other hand, Tesla's sales woes continue to plague the automaker, with the company recording a 60% drop in UK sales, while also offering $0 down leases on its used Model 3 and Model Y units in Texas and California.</p><p><em>Check out more of Benzinga's Future Of Mobility coverage by</em><em> following this link.</em></p><ul> <li>Uber CEO Says Building Camera-Only Self-Driving System ‘Very Difficult'—Elon Musk Responds, ‘Turned Off The Radars In Teslas To Increase Safety'</li> </ul><p><em>Image Via Imagn</em></p></div></div></div>

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<p>Deutsche Bank analysts forecast Tesla will deliver over 53,000 cars in China this August, a 29% increase from July but a 17% year-over-year decline. Nio is expected to deliver over 32,000 units, marking a 59% year-over-year increase, while BYD's sales remain flat with a 7% decline. Tesla's recent sales in China dropped 27.5% year-over-year, despite a 47.9% improvement from the previous quarter. The company is also facing inventory issues for the Model Y in the U.S. and a significant drop in UK sales.</p>

- Deutsche Bank analysts predict Tesla will deliver over 53,000 units in China for August, a 29% increase from July but a 17% year-over-year decline.  
- Nio is expected to deliver over 32,000 units, marking a 59% increase and a potential monthly record, while BYD's sales remain flat with a 7% year-over-year decline.  
- Tesla faces challenges with a 27.5% year-over-year drop in Chinese sales and low inventory for the Model Y in the U.S., alongside a significant decline in UK sales.  

Benzinga

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Tesla To Deliver 53,000 Cars In China This August, Deutsche Bank Forecasts, Sees Growth For Rival Nio But Decline In Sales For BYD