Tesla China wholesale figures drop in February amid new Model Y transition
Tesla’s sales of China-made electric vehicles dropped sharply in February, with the U.S. automaker selling 30,688 units wholesale, a 51.47% decline from January’s 63,238 and a 49.16% slide from the 60,365 vehicles that were sold wholesale in February 2024.
Tesla China’s February 2025 results were reflected in data from the China Passenger Car Association (CPCA).
Tesla China’s 2025 sales:
Tesla China’s February 2025 wholesale figures align come amidst the company’s transition to the new Model Y, an update to its strongest seller in China. In the lead-up to the first deliveries of the new Model Y in late February, Tesla China likely cleared out its inventory of Model Y classic units, throttling sales of the all-electric crossover during the month.
Combined January-February 2025 sales for Tesla China currently stand at 93,926 units wholesale, as per a CNEV Post report. These represent a 28.74% decline from the 131,812 units sold wholesale in 2024’s first two months.
The new Model Y:
Tesla China introduced the new Model Y on January 10. At the time, Tesla China listed the revamped all-electric crossover’s first deliveries as sometime in March 2025. Deliveries of the new Model Y ultimately started on February 26, 2025.
The new Tesla Model Y offers a number of improvements compared to its predecessor, from an updated exterior that gives the vehicle a more aggressive look to an interior that addresses most of the complaints about the Model Y classic’s cabin. These include updated suspension and sound isolation, which improve the new Model Y’s ride quality.
Previous reports:
A previous report from Bloomberg News back in January claimed that Tesla China will be pausing some of Giga Shanghai’s Model Y lines from January 22 to February 14 to optimize production equipment for the updated all-electric crossover. The publication also claimed that the facility’s Model 3 lines will be paused from January 26 to February 3 as well.
Considering that the Model Y is Tesla’s strongest seller in China, it would be interesting to see just how successful the vehicle will be in the country’s domestic market this year.
The post Tesla China wholesale figures drop in February amid new Model Y transition appeared first on TESLARATI.
Source: https://www.teslarati.com/tesla-china-wholesale-drops-february-amid-new-model-y-transition/
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