Tesla China retail sales slip in November, facing impossible task to avoid first annual decline
Tesla’s November numbers out of China are in, and they confirm what we’ve been suspecting for a while now: the growth story in the world’s most important EV market has officially stalled for the year.
While Giga Shanghai is still churning out vehicles, the local appetite for them seems to have hit a ceiling, and the company is now facing a mathematical impossibility if it wants to avoid a year-over-year decline in 2025.