Tesla’s domestic sales in China collapsed 45% year-over-year in January, falling to just 18,485 units — the automaker’s lowest monthly retail figure in the country since November 2022. The data, released today by the China Passenger Car Association (CPCA), paints a grim picture of Tesla’s demand in the world’s largest EV market.
The figure represents an 80% plunge from December’s record-high 93,843 domestic deliveries. While seasonal declines between December and January are normal in China, a 45% year-over-year drop is not.
The higher the industry-volatility, the less-sense it makes to BUILD, & the more-sense it makes to SUBCONTRACT.
“Buy, don’t Build” startup-maxim, GENERALIZED 1 degree.
( :
_ /\ _