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While operations at its Fremont plant slowed in the quarter due to the COVID-19 pandemic, Tesla Inc’s Gigafactory Shanghai (NASDAQ: TSLA) continued to produce models 3.
Tesla’s fan site, Tesmanian, compiled knowledge of Tesla’s June 3 sales figures and found that the company sold many more electric cars than any other company in Shenzhen, Beijing and Shanghai. This is despite year-over-year sales falling 34.9%.
Tesla sold 1,651, 1,808 and 2,790 3 models in city, respectively, compared to the second-highest of 580, 373 and 332 cars from the main competitor per city.
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Tesmanian gathered knowledge of the registration report of the China Banking and Insurance Regulatory Commission (CBIRC).
Benzinga’s Take: Tesla’s domination of EV sales continues in China after the construction of the company’s Gigafactory Shanghai. Tesla has been a popular brand in China, but now that they have a factory in the country, the company was able to lower prices and take advantage of local tax incentives.
Photo courtesy of Tesla.
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