Chinese Chinese Chinese sales decrease 11.5 % in March with a high competition

Timing The sales of its Chinese -made cars decreased in March with the intensification of competition from local players such as BYD.

Tesla 78,828 electric cars in China sold in March, a decrease of 11.5 % year on year, according to data from the China Motor Association (CPCA) issued on Wednesday. However, sales increased by 157 % compared to 30,688 cars purchased in February.

The American auto maker faces a number of opposite winds in China, especially challenges to local competitors – which, unlike Tesla, recorded growth.

CPCA said, for example, 371,419 sold the so -called new power vehicles in March, which include battery hybrid cars. This was 23 % on year on an annual basis.

Sales from Geely, which have trademarks like Volvo Cars, increased by 167 % year -old to 119,696 cars last month.

In an attempt to respond against the competition, Tesla launched a A renewable model in January. The arrow of the auto industry suffered The worst quarter In the first three months of the year in terms of performance since 2022, amid installation pressure. The shares of the company decreased by 3.04 % by 08:04 am EST in the pre -market trade on Wednesday.

Meanwhile, fears have been involved that Donald Trump’s car tariff could affect Tesla suppliers in Mexico and China, with the company’s CEO also involved the company. Musk is part of the so -called government efficiency, which leads to large -scale governmental work cuts. The technological billionaire said last month His involvement with Doug can harm Tesla shares, amid protests, provinces and attacks on Tesla agents all over the world.