{"id":298232,"date":"2025-03-20T18:30:00","date_gmt":"2025-03-21T01:30:00","guid":{"rendered":"https:\/\/sftarticles.wpenginepowered.com\/en\/?p=298232"},"modified":"2025-07-01T15:06:54","modified_gmt":"2025-07-01T22:06:54","slug":"teslas-stock-plummets-4-amid-declining-sales-in-china","status":"publish","type":"post","link":"https:\/\/cms-articles.softonic.io\/en\/teslas-stock-plummets-4-amid-declining-sales-in-china\/","title":{"rendered":"Tesla&#8217;s Stock Plummets 4% Amid Declining Sales in China"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">Tesla\u2019s stock (TSLA) took a hit in pre-market trading, plunging by as much as 4%, following new vehicle registration statistics from China.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>The world&#8217;s largest electric vehicle (EV) market revealed that Tesla sold approximately 15,300 vehicles in the previous year<\/strong>, a stark contrast to the 98,800 units delivered in the first quarter of 2024, indicating a concerning decline in sales momentum.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Despite the dip in sales figures,<a href=\"https:\/\/en.softonic.com\/articles\/tesla-model-y-orders-claims-of-200000-backlog-lack-credibility\" target=\"_blank\" rel=\"noopener\" title=\" Tesla has made strides in ramping up production of the Model Y\"> Tesla has made strides in ramping up production of the Model Y<\/a>, increasing output from roughly 7,000 units just four weeks ago to 15,000 today.<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">The Tesla board of directors is having an emergency meeting<br><br>CEO is distracted <br>Sales on a sharp decline<br>Stock is down 50% in 3 mo.<br>Brand loyalty has disappeared<br>protest against Tesla world wide<br><br>Any other Board would fire the CEO<br><br>Is it time for the Tesla board to fire Elon? <a href=\"https:\/\/t.co\/JPzoRgfyIO\">pic.twitter.com\/JPzoRgfyIO<\/a><\/p>&mdash; BlueDream (@58bugeye) <a href=\"https:\/\/twitter.com\/58bugeye\/status\/1901643979835498866?ref_src=twsrc%5Etfw\">March 17, 2025<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">Tesla has made strides in ramping up production of the Model Y<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">However, the glimmer of improved production is overshadowed by waning demand for the Model Y Rear-Wheel Drive (RWD), which is now facing weak consumer interest. <strong>The current delivery timeline for this model is a mere 2-4 weeks, reflecting a troubling drop in enthusiasm from potential buyers.<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In a bid to stimulate demand, Tesla recently reintroduced 0% financing options just weeks after unveiling a new version of the Model Y, suggesting underlying issues with the vehicle&#8217;s market appeal.<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio\"><div class=\"wp-block-embed__wrapper\">\n<iframe loading=\"lazy\" title=\"Is There Any Friction Between Elon Musk &amp; President Trump?\" width=\"840\" height=\"473\" src=\"https:\/\/www.youtube.com\/embed\/KGe8EyjPKQs?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe>\n<\/div><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">Although increasing prices on select models might seem like a sign of growing demand, it appears to be a misunderstanding of Tesla\u2019s position in the competitive Chinese market, where the RWD model constitutes about 90% of sales.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">As if struggling sales weren&#8217;t enough, <a href=\"https:\/\/en.softonic.com\/articles\/byd-partners-with-huawei-to-boost-the-technology-of-its-electric-cars-and-beat-tesla\" target=\"_blank\" rel=\"noopener\" title=\"Tesla now faces intensifying competition from domestic rivals such as BYD and NIO\">Tesla now faces intensifying competition from domestic rivals such as BYD and NIO<\/a>. The rapidly evolving EV landscape includes the recent launch of BYD\u2019s &#8216;Super-E&#8217; platform, which promises record-fast charging.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Today, CATL, Tesla&#8217;s primary battery supplier in China, also announced a partnership with NIO, further complicating Tesla\u2019s dominance in this critical market.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Tesla\u2019s stock (TSLA) took a hit in pre-market trading, plunging by as much as 4%, following new vehicle registration statistics from China. The world&#8217;s largest electric vehicle (EV) market revealed that Tesla sold approximately 15,300 vehicles in the previous year, a stark contrast to the 98,800 units delivered in the first quarter of 2024, indicating &hellip; <a href=\"https:\/\/cms-articles.softonic.io\/en\/teslas-stock-plummets-4-amid-declining-sales-in-china\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Tesla&#8217;s Stock Plummets 4% Amid Declining Sales in China&#8221;<\/span><\/a><\/p>\n","protected":false},"author":9317,"featured_media":296401,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","wpcf-pageviews":0},"categories":[1015],"tags":[8319,1471],"usertag":[],"vertical":[],"content-category":[6849],"class_list":["post-298232","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-ev","tag-tesla","content-category-lifestyle"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/cms-articles.softonic.io\/en\/wp-json\/wp\/v2\/posts\/298232","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cms-articles.softonic.io\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cms-articles.softonic.io\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cms-articles.softonic.io\/en\/wp-json\/wp\/v2\/users\/9317"}],"replies":[{"embeddable":true,"href":"https:\/\/cms-articles.softonic.io\/en\/wp-json\/wp\/v2\/comments?post=298232"}],"version-history":[{"count":1,"href":"https:\/\/cms-articles.softonic.io\/en\/wp-json\/wp\/v2\/posts\/298232\/revisions"}],"predecessor-version":[{"id":308671,"href":"https:\/\/cms-articles.softonic.io\/en\/wp-json\/wp\/v2\/posts\/298232\/revisions\/308671"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cms-articles.softonic.io\/en\/wp-json\/wp\/v2\/media\/296401"}],"wp:attachment":[{"href":"https:\/\/cms-articles.softonic.io\/en\/wp-json\/wp\/v2\/media?parent=298232"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cms-articles.softonic.io\/en\/wp-json\/wp\/v2\/categories?post=298232"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cms-articles.softonic.io\/en\/wp-json\/wp\/v2\/tags?post=298232"},{"taxonomy":"usertag","embeddable":true,"href":"https:\/\/cms-articles.softonic.io\/en\/wp-json\/wp\/v2\/usertag?post=298232"},{"taxonomy":"vertical","embeddable":true,"href":"https:\/\/cms-articles.softonic.io\/en\/wp-json\/wp\/v2\/vertical?post=298232"},{"taxonomy":"content-category","embeddable":true,"href":"https:\/\/cms-articles.softonic.io\/en\/wp-json\/wp\/v2\/content-category?post=298232"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}