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Tesla’s China-made Model Y takes off despite holiday car sales slump

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A Model Y vehicle displayed at a Tesla flagship store on Jan. 4, 2021 in Shanghai, China.

Gao Yuwen | Visual China Group | Getty Images

BEIJING — Tesla‘s Model Y is getting off to a solid start in China, less than three months since deliveries began.

The mid-size SUV was the third best-selling electric car in February at 4,630 vehicles, according to data released Wednesday by the China Passenger Car Association. Taking January into account, the data showed the car was the ninth-best seller among new energy vehicles, a category that includes electric cars.

Tesla announced on New Year’s Day its China-made Model Y would begin deliveries at a price that Chinese media said was 30% cheaper than…



Source cnbc.com

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