<div id="readability-page-1"><div><div><p><strong>Tesla Inc.</strong> <span>TSLA</span> sales in the Chinese domestic market fell almost 10% in August amid lackluster global sales.</p><h2>Tesla Sales Decline For The Sixth Time In 2025</h2><p>Tesla recorded 57,152 units sold in China during August, a 9.93% decline from last year's 63,456 units in the same period, CnEVPost reported on Monday, citing data by the <strong>Chinese Passenger Car Association</strong> (CPCA).</p><p>The data suggests that this was the company's sixth YoY decline in the Chinese market, having experienced YoY growth in March and June. However, the sales are up almost 40% from July's 40,617 units, which could provide the EV giant some relief.</p><h2>Tesla Model Y L Receives 120,000 Orders, Model 3 Long Range Gets Price Cut</h2><p>The news comes as reports in the local Chinese media suggested that the company received over 120,000 orders of the new Model Y L SUV, which is a six-seater version of the Model Y. The company was averaging over 10,000 orders daily in China for the Model Y L.</p><p>Meanwhile, Tesla also announced a price cut for the Model 3 Long Range sedan, which now retails for $36,391, down 3.7% from its original price in the Chinese market.</p><h2>Elon Musk's Pay Package, BYD Slashes Annual Sales Target</h2><p>Tesla's board of directors also unveiled a new pay package for Musk, which could make the CEO the world's first trillionaire, laying out ambitious growth targets for Tesla in the future.</p><p>Meanwhile, Tesla's rival <strong>BYD Co. Ltd.</strong> <span>BYDDY</span> <span>BYDDF</span> also reportedly slashed its annual sales target by 16% to 4.6 million units. This comes after the company reported a 30% decline in profit at the second-quarter earnings call recently.</p><p>Tesla scores well on Momentum and Growth metrics, while offering satisfactory Quality, but poor Value. For more such insights, sign up for Benzinga Edge Stock Rankings today!</p><p><em>Check out more of Benzinga's Future Of Mobility coverage by</em><em> following this link.</em></p><ul> <li>Gene Munster Thinks Elon Musk Should Combine Tesla With xAI To Achieve ‘Fairy Tale’ Ending With $8.5 Trillion Market Cap</li> </ul><p><em>Photo courtesy: Around the World Photos On Shutterstock.com</em></p></div></div></div>

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<p>Tesla's sales in China fell nearly 10% in August, marking the sixth year-on-year decline in 2025, with 57,152 units sold compared to 63,456 units last year. However, sales increased by almost 40% from July. The company received over 120,000 orders for the new Model Y L SUV and announced a price cut for the Model 3 Long Range. Additionally, Tesla's board revealed a new pay package for Elon Musk, while rival BYD cut its annual sales target by 16%.</p>

- Tesla Inc. experienced a nearly 10% decline in sales in the Chinese market in August, selling 57,152 units compared to 63,456 units last year.  
- This marks the company's sixth year-over-year decline in China, although sales increased by almost 40% from July.  
- Despite the sales drop, Tesla received over 120,000 orders for the new Model Y L SUV and announced a price cut for the Model 3 Long Range sedan.

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Tesla China Sales Fall 10% To 57,152 Units In August, Marking 6th Decline In 2025