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Tesla's China Sales Slump Again: Is Investor Patience Wearing Thin?
TSLATesla(TSLA) ZACKS·2025-05-08 14:45

Tesla’s (TSLA) grip on the world’s largest EV market is slipping. In April, the company sold just 58,459 vehicles in China, down nearly 6% from a year ago. The figure also reflected a steep 26% drop from March, according to data from the China Passenger Car Association. In the first four months of 2025, Tesla’s China sales have declined over 18% year over year to 231,213 units.The numbers are raising red flags. While local rivals are posting strong growth, Tesla is struggling with an aging product lineup an ...