No segundo trimestre de 2023, Tesla‘s revenue in the Chinese market reached $5.731 bilhão, marcando um aumento impressionante ano a ano de 51.33% De $3.787 bilhões no mesmo período do ano passado. A receita do mercado chinês foi responsável por 22.99% of Tesla’s global revenue of $24.927 bilhões para o mesmo trimestre.
Tesla’s Chinese market performance has surpassed the global average in terms of revenue growth. The surge can be attributed to the strong low-base effect resulting from the Chinese auto market’s sales trough in Q2 2022 due to the pandemic’s impact. Adicionalmente, Tesla’s consistent sales performance in the Chinese market after its price adjustments contributed to this growth.

Tesla’s revenue data by region in the second quarter
Tesla’s share in the entire Chinese auto market has been steadily rising and is now at approximately 2%. This reflects the company’s commitment to gaining a higher market share. To achieve this goal, Tesla has been adjusting its prices in the Chinese market multiple times this year, and CEO Elon Musk has indicated that further price cuts may be implemented to maintain competitiveness.

Tesla’s market share by region
The Shanghai Gigafactory, with a production capacity of over 750,000 vehicles per year, has been running at full capacity for several months. Tesla China’s wholesale sales in the first half of the year reached 476,500 Veículos, a significant year-on-year increase of 61.7%, which is almost in line with the factory’s output.
Tesla’s continuous growth in the Chinese market underscores its commitment to expanding its presence and success in the world’s largest electric vehicle market.
