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Tesla China-made EV sales fall 11.5% in March as competition rises [MSNBC.com]

Tesla, Inc. (TSLA)  More Company Research Source: MSNBC.com
Last tesla, inc. earnings: 4/29 04:11 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.tesla.com
In this articleTesla CEO Elon Musk wears a 'Trump Was Right About Everything!' hat while attending a cabinet meeting at the , in Washington, D.C., U.S., March 24, 2025.Carlos Barria | Reuters However, sales rose 157% compared with the 30,688 cars bought in February.The U.S. carmaker is facing a number of headwinds in China, in particular mounting challenges from local rivals — which, unlike Tesla, logged growth.BYD, for example, sold 371,419 so-called new energy vehicles in March, which includes battery hybrid cars, the CPCA said. That was a 23% year-on-year rise.Sales from Geely, which owns brands such as Volvo Cars, rose 167% year-on-year to 119,696 vehicles last month.In a bid to push back against competition, Tesla launched arevamped Model Y in January.worst quarterConcerns have meanwhile mounted that President Donald Trump's automotive tariffs could impact Tesla's suppliers in Mexico and China, with the involvement of the company's CEO Elon Musk also receiving backlash. Musk is [Read more]
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Stockreport

Tesla China-made EV sales fall 11.5% in March as competition rises [MSNBC.com]

Tesla, Inc.  (TSLA) 
More Company Research Source: MSNBC.com
Last tesla, inc. earnings: 4/29 04:11 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.tesla.com
In this articleTesla CEO Elon Musk wears a 'Trump Was Right About Everything!' hat while attending a cabinet meeting at the , in Washington, D.C., U.S., March 24, 2025.Carlos Barria | Reuters However, sales rose 157% compared with the 30,688 cars bought in February.The U.S. carmaker is facing a number of headwinds in China, in particular mounting challenges from local rivals — which, unlike Tesla, logged growth.BYD, for example, sold 371,419 so-called new energy vehicles in March, which includes battery hybrid cars, the CPCA said. That was a 23% year-on-year rise.Sales from Geely, which owns brands such as Volvo Cars, rose 167% year-on-year to 119,696 vehicles last month.In a bid to push back against competition, Tesla launched arevamped Model Y in January.worst quarterConcerns have meanwhile mounted that President Donald Trump's automotive tariffs could impact Tesla's suppliers in Mexico and China, with the involvement of the company's CEO Elon Musk also receiving backlash. Musk is [Read more]
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