Tesla Model S Sales Set New Quarterly Record In China
Tesla Motors is steadily improving its sales in China. In fact, the electric automaker reached a record high sales mark in the third quarter when 1,345 Model S were sold.
Together with 797 and 883 in the first and second quarter respectively, Tesla delivered 3,025 cars in China so far this year.
We compiled official Tesla sales data with our estimations for the U.S. to see how the situation looks overall.
According to a recent Bloomberg article, Elon Musk said in an interview that in five to six years China could match the U.S.
It’s likely that Tesla is on raise thanks to including the Model S in a special free plate lottery.
“China accounted for about 11 percent of Tesla’s global deliveries in the third quarter. The company won approval last month from the Beijing municipal government to enter a special license plate lottery system for electric vehicles.”
After the market closes November 3rd, Tesla will report quarterly earnings. We will update any new information on China here – as well as have a live blog report from the report (~4:30 ET) and subsequent conference call (5:30 ET) at that time.