<div id="readability-page-1"><div>BEIJING - Tesla's China-made electric vehicle sales rose for a second consecutive quarter, holding up despite intensifying competition as the US automaker broadened its focus beyond EVs.Sales of Model 3 and Model Y cars made in Tesla's Shanghai factory, including exports to Europe and other markets, rose 8.7 per cent from a year earlier to 85,670 vehicles in March, data from the China Passenger Car Association showed on Thursday (April 2).That marked a fifth straight month of rising sales, driven by recovering European demand. Analysts also said Tesla and other EV makers could benefit from higher oil prices triggered by the Iran crisis.For the January to March period, sales increased 23.5 per cent year on year, accelerating from a 1.9 per cent rise in the fourth quarter.Tesla's global first-quarter deliveries are expected to rebound nearly 10 per cent from a year-earlier slump, when a backlash by some consumers against CEO Elon Musk's political views weighed on demand.Facing intense competition especially from Chinese rivals, Tesla lost nearly half its European market share last year, while its share of China's EV market fell to eight per cent from 10 per cent in 2024.Its biggest Chinese rival, BYD, has continued to pressure the US EV maker in Europe, though strong overseas growth has been insufficient to offset BYD's struggles in its home market.Tesla, which is positioning solar energy, humanoid robots, and autonomous robotaxis as future pillars of growth, is in talks with Chinese firms to buy US$2.9 billion (S$3.7 billion) worth of solar equipment, Reuters reported last month.ALSO READ: US considering permanent ban on air bags components produced by Chinese manufacturer DTN</div></div>

002594

01211

BYDDF

Tesla's China-made electric vehicle sales increased for the second consecutive quarter, with March sales of Model 3 and Model Y rising 8.7% year-on-year to 85,670 vehicles. This marks a fifth month of growth, driven by recovering European demand. For Q1, sales rose 23.5% year-on-year, rebounding from a previous slump. Despite facing intense competition, particularly from BYD, Tesla is exploring new growth avenues, including solar energy and autonomous technologies, and is in talks to purchase $2.9 billion in solar equipment from Chinese firms.

- Tesla's sales of China-made electric vehicles rose 8.7% in March, totaling 85,670 units, despite increased competition and a challenging market.  
- For the first quarter, sales increased 23.5% year on year, as recovering European demand helped offset a decline in Tesla's market share in Europe and China.  
- The company is diversifying its focus towards solar energy and autonomous technologies, with plans to invest in significant solar equipment in China.

Tesla's China-made EV sales rise for second straight quarter