Tesla China Sales Drop 19% in February but Remain Solid Despite Holiday Timing
- Tesla's China wholesale EV sales fell 19% year-over-year in February 2024 to 60,365 units
- Drop mainly due to Chinese New Year holiday timing compared to 2023
- But monthly volume still exceeded 60,000 despite holiday impact
- Year-to-date wholesale sales down just 6% versus 2023, at 131,812 units
- Watching to see if Tesla can maintain China growth in 2024 with Model Y refresh