$TSLA China numbers just dropped for August: 86.2k vehicles delivered.
Down from 96.3k last month—that's a 10% sequential slide. Year-over-year still up slightly from 83.2k, but the momentum clearly cooled off from July's pace.
China remains Tesla's second-largest market and a bellwether for EV demand. This sequential dip raises questions: seasonal lull, competition heating up from BYD and local players, or demand softness?
Keep an eye on September—historically a stronger month in China. If the trend doesn't reverse, it could weigh on Q3 delivery expectations.
Down from 96.3k last month—that's a 10% sequential slide. Year-over-year still up slightly from 83.2k, but the momentum clearly cooled off from July's pace.
China remains Tesla's second-largest market and a bellwether for EV demand. This sequential dip raises questions: seasonal lull, competition heating up from BYD and local players, or demand softness?
Keep an eye on September—historically a stronger month in China. If the trend doesn't reverse, it could weigh on Q3 delivery expectations.