{"id":5087,"date":"2023-05-06T15:12:19","date_gmt":"2023-05-06T19:12:19","guid":{"rendered":"https:\/\/ifintechworld.com\/uncategorized\/tesla-delivered-75842-china-made-vehicles-in-april-down-14-7-from-march\/"},"modified":"2023-05-06T15:12:20","modified_gmt":"2023-05-06T19:12:20","slug":"tesla-delivered-75842-china-made-vehicles-in-april-down-14-7-from-march","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=5087","title":{"rendered":"Tesla delivered 75,842 China-made vehicles in April, down 14.7% from March"},"content":{"rendered":"
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\u00a9 Reuters. Tesla (TSLA) delivered 75,842 China-made vehicles in April, down 14.7% from March<\/span>
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China Passenger Car Association (CPCA) showed on Friday that electric vehicle maker Tesla (NASDAQ:) delivered 75,842 China-made vehicles in April. Deliveries were down 14.7% compared to March, but a huge jump from a year earlier, when the city of Shanghai was in a COVID-19 lockdown. In April last year, the company delivered only 1,512 China-made Model 3 and Model Y cars.<\/p>\n

Rival automaker, BYD (SZ:) sold 209,467 vehicles in April, CPCA data showed, up 1.6% from March.<\/p>\n

Tesla cut prices in several markets globally this year and kickstarted a price war in China that, since the start of the year, has seen more than 40 local and international car brands join in.<\/p>\n

The price cuts have lowered automakers’ earnings, with Tesla a 24% plunge in first-quarter net income even though its quarterly global deliveries reached a fresh all-time high.<\/p>\n

However, the American EV giant this week raised prices by up to $290 on its two top-selling models – Model Y and Model 3 – in Canada, China, Japan, and the United States on Monday. On Friday, it raised prices for its new Model S and Model X vehicles in China by 19,000 yuan ($2,751).<\/p>\n

According to reports, Tesla is preparing to export a version of their Model Y to Canada this year from its Shanghai factory, the first time it will ship cars to North America from China.<\/p>\n

Shares of TSLA are up 0.90% in premarket trading on Friday.<\/p>\n

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Read the full article here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

\u00a9 Reuters. Tesla (TSLA) delivered 75,842 China-made vehicles in April, down 14.7% from March China Passenger Car Association (CPCA) showed on Friday that electric vehicle maker Tesla (NASDAQ:) delivered 75,842 China-made vehicles in April. Deliveries were down 14.7% compared to March, but a huge jump from a year earlier, when the city of Shanghai was […]<\/p>\n","protected":false},"author":1,"featured_media":5088,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"video","meta":{"footnotes":""},"categories":[1],"tags":[83],"class_list":["post-5087","post","type-post","status-publish","format-video","has-post-thumbnail","hentry","category-uncategorized","tag-featured","post_format-post-format-video"],"yoast_head":"\nTesla delivered 75,842 China-made vehicles in April, down 14.7% from March | iFintechWorld<\/title>\n<meta name=\"description\" content=\"\u00a9 Reuters. 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