Supplementing the article below, note the following comment from José Pontes in his latest China EV sales report (which he publishes monthly). In this comment, aside from references to EV sales standings for the year
. In this comment, aside from references to EV sales standings for the year to date, José discusses Tesla’s dropping Model 3 sales in China.
José also noted that Tesla had 10% of Chinese plugin vehicle sales in the first 8 months of 2021 but 7% of Chinese plugin vehicle sales in the first 8 months of 2022. The longest wait times for its models are the Model Y AWD Long Range and Model Y Performance, each with an estimated delivery ranging from 1 to 10 weeks — down from as much as 14 weeks earlier this week.
, and bulls are likely to debate that the drop represents this production increase and not a drop in demand — especially with Tesla’s impressive August delivery numbers. Additionally, Tesla’s Giga Shanghai became less strained with the ramp-up of production at Gigafactory Berlin-Brandenburg, since that factory can now accommodate European orders.
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