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Tesla Inc.‘s (NASDAQ:TSLA) retail sales in the Chinese market fell over 16% year-on-year in the first quarter of 2026 despite an increase in its Wholsale figures.
Tesla Retail Sales Fall
On Thursday, Electrek reported that the EV giant also recorded a 24.3% drop in its retail sales in March, with 56,107 units sold compared to 74,127 vehicles it sold last year. During the first quarter, Tesla sold 112,798 units in China, down 16.2% compared to the 134,607 units it sold during the same period last year.
Tesla’s wholesale figures from China’s Gigafactory Shanghai came in at 213,398 units, with over 100,000 vehicles exported to various markets worldwide. In March, Tesla exported 29,563 …
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