On a sequential basis, Tesla’s China-made EV sales rose 46%, from 58,599 units in February.
Tesla Inc.’s (TSLA) China-made electric vehicle sales reportedly rose nearly 9% year-on-year in March, registering the fifth consecutive month of gains.
According to a CnEVPost report citing data from the China Passenger Car Association (CPCA), Tesla’s China-made EV sales stood at 85,670 units in March, compared to 78,828 units during the same period a year ago.
On a sequential basis, Tesla’s China-made EV sales rose 46%, from 58,599 units in February.
Tesla shares were down more than 2% in Thursday’s pre-market trade. Retail sentiment on Stocktwits around the company trended in the ‘bearish’ territory at the time of writing.
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