Tesla sells 74,402 Chinese-made cars in Feb, up 12.6% MoM

The China Passenger Car Association (CPCA) today announced its February 2023 electric vehicle sales report.

Among them, Tesla's February sales were 74,402 units, up 12.6% from January (66,051 units) and up 31.65% from February last year (56,515 units). In the first two months, Tesla sold 140,453 Chinese-made vehicles, up 20.71 percent from 116,360 units in the same period last year.

The data includes exports from Tesla's Shanghai plant, as well as the number of Tesla deliveries in China. Breakdown data is not yet available.

A total of 140,453 units were sold in the first two months of the year. And keeping in mind that Tesla tends to focus on large volume deliveries at the end of the quarter, Tesla sales are expected to grow even higher in March.

Earlier this year, Tesla made a significant price cut in China, making many Chinese owners cry out for rights and putting a host of Chinese electric car companies under pressure.

Sources said that Tesla China harvested 30,000 new car orders in three days after the price cut was announced on January 6, 2023.

In the domestic market, Tesla is still in short supply, and the current pickup period in China for Tesla Model Y is 4-5 weeks and for Model 3 is 2-3 weeks.

It is worth noting that on February 20, Tesla stopped part of its Model 3 production line in its Shanghai factory for a period of one week. This is because it will upgrade the plant to start preparing for the launch of an improved version of the Model 3 for the Chinese market, a project codenamed Highland by Tesla.

Earlier Tesla CEO Elon Musk had said that by 2030, Tesla was to reach 20 million units per year, almost reaching the current annual sales of Toyota and Volkswagen combined.

About Author
John Murphy

John Murphy is the founder of TOPCARS Tesla Aftermarket Accessories, as well as an investor in Tesla and owner of the Model Y. He posts about Tesla news while running the site on a daily basis.

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