Tesla sold a record number of cars produced at its factory in Shanghai, China last month but there may be trouble ahead.
Tesla sold a record number of cars produced at its factory in Shanghai, China, last month, but there may be trouble ahead.This is truly a good news, bad news story. Tesla sold more electric cars made at its factory in Shanghai, China, in November than in any previous month — 100,2921 to be exact.says that is up 90 percent from the 52,859 vehicles sold in November of last year and up 40 percent from the 71,704 vehicles sold in October.
Those numbers need some explanation, however. Not every car produced in Shanghai is sold to a customer in China. In fact,says Tesla’s pattern is to produce cars for export in the first half of each quarter, and cars for local delivery in the second half. For reference, of the 71,704 vehicles sold by Tesla Shanghai in October, 54,504 were exported and 17,200 vehicles were delivered to local consumers.
Certain Chinese EV incentives are set to expire at the end of this year. The Tesla China website says cars ordered now are expected to be delivered before the end of the year, which means customers can still expect to order a new Tesla and benefit from the existing incentives as well.Despite all the good news about record sales,Tesla plans to cut Model Y production at it Shanghai factory by 20% in December.
Tesla has recently been cutting prices in China in an effort to boost sales. In November, it announced that customers who purchase a Model 3 and Model Y produced by December 31 and also choose to insure their cars with a Tesla insurance partners will receive a discount of up to RMB 8,000 on the final payment price of their cars.
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