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International Business Times
International Business Times
Business
Mark Moore

Sales of Elon Musk's Tesla Vehicles Plunge 11.5% In China

Elon Musk Tesla Inc. China United States
Tesla's factory in Shanghai, China. (Credit: Xiaolu Chu/Getty Images)

Tesla car sales to China plunged 11.5% in January from a year earlier amid heightened competition, according to reports.

Elon Musk's Tesla sold 63,238 of its electric cars in January, down from the 71,447 cars it sold in January 2024, Reuters reported, citing data from the China Passenger Car Association.

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