Tesla Has Record March Sales In China DESPITE Coronavirus Outbreak

Tesla appears to have rebounded quite nicely from its local facilities’ COVID-19-induced shutdown in China. The China Passenger Car Association, or CPCA, stated Tesla China division sold 10,160 vehicles in March, making it the strongest month the company has had in the country to date.

According to an online briefing released by CPCA Secretary General Cui Dongshu, Tesla sold around one-third of the total battery electric vehicles purchased in China in March, Reuters said. This is very impressive, considering that Tesla’s local vehicle production only began a few months ago.

carloslassiter - 4/10/2020 11:05:00 AM

+4 Boost

In before the "Tesla is not a luxury car" crowd.

vdiv - 4/10/2020 11:15:31 AM

+4 Boost

That's right, Tesla is not even a car, it's a car company :)

MDarringer - 4/10/2020 11:44:00 AM

-1 Boost

Purveyor of automotive bullshit.

USNA1999 - 4/10/2020 12:27:10 PM

+1 Boost

I am glad TESLA is doing extremely well in this environment. But like I said before, they will be the next Toyota of electric cars. Nothing wrong with that, more power to them, more jobs and more money for shareholders but Toyota is not a "Luxury" car maker even though they sell a $100K Land Cruiser, same with Tesla.

SanJoseDriver - 4/11/2020 6:28:24 AM

+2 Boost

Yeah, I get the feeling they want to be the Toyota of EVs as well, but that doesn't mean they won't make some interesting products that push the market. Really looking forward to the Roadster 2.0 and Cybertruck. The Model 3 and Y are now the iPhone of the automotive world. If not in your State today, it will be soon.

USNA1999 - 4/11/2020 8:10:45 AM

+2 Boost

SJD you are absolutely correct!

USNA1999 - 4/10/2020 12:28:27 PM

+2 Boost

Now lets get TSLA back to $900 a share!

SanJoseDriver - 4/11/2020 6:28:57 AM

+2 Boost

Back up around $600 already despite all this.

CANADIANCOMMENTS - 4/10/2020 12:32:51 PM

+3 Boost

Henry Ford would be proud of the Tesla crew and even more proud to see that sea of black cars.

wilfred - 4/10/2020 10:25:38 PM

+3 Boost

Autospies should be splitted to teslaspies and autospies. Autospies will focus on more interesting things such as the upcoming Maserati MC20, looks like a mini Ferrari so far.

MDarringer - 4/10/2020 10:55:02 PM

+1 Boost

Or a bloated Alfa 4C which is what it is.

But yes, there is a LOT of new car developments and spy photos happening out there that NEVER see the light of day here.