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Tesla Sees China Sales Rise 18% Sequentially In January — But Upbeat Numbers Don't Tell The Full Story
Tesla Sees China Sales Rise 18% Sequentially In January — But Upbeat Numbers Don't Tell The Full Story
Tesla Inc.'s (NASDAQ:TSLA) price cuts in China — although it lifted sales in January — may not have set the cash registers ringing.
What Happened: Tesla delivered 66,051 cars in January, preliminary data released by the China Passenger Car Association showed, according to CnEVPost. The tally, which includes both exports and domestic sales, marked a 10.4% year-over-year increase from the 59,845 vehicles the company sold in January of 2022.
See Also: Best Electric Vehicle Stocks
On a month-over-month basis, Tesla's sales rose 18.38% to 55,796 cars it sold in China in December.
However, the January number pales before the record 100,291 cars Tesla sold in China in November.
Tesla typically focuses on cars meant for exports in the first half of a quarter before turning its attention to cars meant to be sold in the domestic market. More clarity on the break-up will emerge when CPCA releases its final numbers.
Why It's Important: Tesla has been downwardly adjusting prices in China since late last year. The biggest cuts came in the first week of January as the electric vehicle giant implemented price reductions of up 13.6% for its made-in-China Model Y and Model 3 vehicles.
Tesla China executive Grace Tao had said then the company's cost structure in the country allowed leeway for price cuts.
Meanwhile, local media reports suggested the price cuts have brought buyers thronging to Tesla sales outlets and service centers. This was sort of corroborated by the lengthening lead times for some of Tesla's vehicles in China.
After Tesla failed to meet the 50% delivery growth target in 2022, CEO Elon Musk recently hinted at the company internally targeting global sales of two million. The company's explicit delivery target for the year is 1.8 million units.
Tesla's domestic rivals Nio Inc. (NYSE:NIO), XPeng Inc. (NYSE:XPEV) and Li Auto Inc. (NASDAQ:LI) announced Wednesday monthly deliveries. Nio reported a 46% month-over-month sales decline and XPeng's fell a steeper 54%. Li Auto reported a more modest drop of 29%.
Price Action: In premarket trading on Friday, Tesla shares were down 0.73%, at $186.90, according to Benzinga Pro data.
Read Next: Tesla Is Best At Stealing Customers And Keeping Them: New Report Calls Company's Brand Loyalty 'Extraordinary'
Tesla Inc.'s (NASDAQ:TSLA) price cuts in China — although it lifted sales in January — may not have set the cash registers ringing.
特斯拉公司的（纳斯达克股票代码：TSLA）中国的降价——尽管在1月份提振了销售——可能并未引起收银机的响起。
What Happened: Tesla delivered 66,051 cars in January, preliminary data released by the China Passenger Car Association showed, according to CnEVPost. The tally, which includes both exports and domestic sales, marked a 10.4% year-over-year increase from the 59,845 vehicles the company sold in January of 2022.
发生了什么： 据cnevPost报道，中国乘用车协会发布的初步数据显示，特斯拉在1月份交付了66,051辆汽车。该数字包括出口和国内销量，与该公司在2022年1月销售的59,845辆汽车相比，同比增长了10.4％。
See Also: Best Electric Vehicle Stocks
另请参阅： 最佳电动汽车股票
On a month-over-month basis, Tesla's sales rose 18.38% to 55,796 cars it sold in China in December.
特斯拉的销量同比增长了18.38％，达到12月在中国销售的55,796辆汽车。
However, the January number pales before the record 100,291 cars Tesla sold in China in November.
但是，在特斯拉于11月在中国售出创纪录的100,291辆汽车之前，1月份的数字显得苍白无力。
Tesla typically focuses on cars meant for exports in the first half of a quarter before turning its attention to cars meant to be sold in the domestic market. More clarity on the break-up will emerge when CPCA releases its final numbers.
特斯拉通常在上半个季度将重点放在打算出口的汽车上，然后将注意力转向打算在国内市场销售的汽车。当CPCA公布其最终数字时，分手情况将更加明确。
Why It's Important: Tesla has been downwardly adjusting prices in China since late last year. The biggest cuts came in the first week of January as the electric vehicle giant implemented price reductions of up 13.6% for its made-in-China Model Y and Model 3 vehicles.
为什么它很重要： 自去年年底以来，特斯拉一直在向下调整中国的价格。最大的降价发生在1月的第一周，当时这家电动汽车巨头对其中国制造的降价幅度提高了13.6％ Y 型号 和 型号 3 车辆。
Tesla China executive Grace Tao had said then the company's cost structure in the country allowed leeway for price cuts.
特斯拉中国高管 葛蕾丝·陶 当时曾表示，该公司在该国的成本结构为降价留出了回旋余地。
Meanwhile, local media reports suggested the price cuts have brought buyers thronging to Tesla sales outlets and service centers. This was sort of corroborated by the lengthening lead times for some of Tesla's vehicles in China.
同时，当地媒体的报道显示，降价使买家涌向特斯拉的销售网点和服务中心。特斯拉在中国的某些汽车的交货时间延长在某种程度上证实了这一点。
After Tesla failed to meet the 50% delivery growth target in 2022, CEO Elon Musk recently hinted at the company internally targeting global sales of two million. The company's explicit delivery target for the year is 1.8 million units.
在特斯拉未能在2022年实现50％的交付增长目标之后，首席执行官 埃隆马斯克 最近暗示该公司的内部目标是全球销售200万个。该公司今年的明确交付目标是180万台。
Tesla's domestic rivals Nio Inc. (NYSE:NIO), XPeng Inc. (NYSE:XPEV) and Li Auto Inc. (NASDAQ:LI) announced Wednesday monthly deliveries. Nio reported a 46% month-over-month sales decline and XPeng's fell a steeper 54%. Li Auto reported a more modest drop of 29%.
特斯拉的国内竞争对手 Nio Inc. （纽约证券交易所：NIO）， xPeng Inc. （纽约证券交易所代码：XPEV）和 Li Auto Inc. 纳斯达克股票代码：LI）周三公布了月度交付量。蔚来汽车报告销售额同比下降46％，而xPeng的销售额下降幅度更大，为54％。Li Auto报告称，下降幅度较小，为29％。
Price Action: In premarket trading on Friday, Tesla shares were down 0.73%, at $186.90, according to Benzinga Pro data.
价格走势： Benzinga Pro的数据显示，在周五的盘前交易中，特斯拉股价下跌0.73％，至186.90美元。
Read Next: Tesla Is Best At Stealing Customers And Keeping Them: New Report Calls Company's Brand Loyalty 'Extraordinary'
继续阅读： 特斯拉最擅长窃取客户并留住他们：新报告称该公司的品牌忠诚度 “非同寻常”
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moomoo是Moomoo Technologies Inc.公司提供的金融信息和交易应用程序。
在美国，moomoo上的投资产品和服务由Moomoo Financial Inc.提供，一家受美国证券交易委员会（SEC）监管的持牌主体。 Moomoo Financial Inc.是金融业监管局（FINRA）和证券投资者保护公司（SIPC）的成员。
在新加坡，moomoo上的投资产品和服务是通过Moomoo Financial Singapore Pte. Ltd.提供，该公司受新加坡金融管理局（MAS）监管(牌照号码︰CMS101000) ，持有资本市场服务牌照 (CMS) ，持有财务顾问豁免（Exempt Financial Adviser）资质。本内容未经新加坡金融管理局的审查。
在澳大利亚，moomoo上的金融产品和服务是通过Futu Securities (Australia) Ltd提供，该公司是受澳大利亚证券和投资委员会(ASIC)监管的澳大利亚金融服务许可机构（AFSL No. 224663）。请阅读并理解我们的《金融服务指南》、《条款与条件》、《隐私政策》和其他披露文件，这些文件可在我们的网站 https://www.moomoo.com/au中获取。
在加拿大，通过moomoo应用提供的仅限订单执行的券商服务由Moomoo Financial Canada Inc.提供，并受加拿大投资监管机构（CIRO）监管。
在马来西亚，moomoo上的投资产品和服务是通过Moomoo Securities Malaysia Sdn. Bhd. 提供，该公司受马来西亚证券监督委员会（SC）监管(牌照号码︰eCMSL/A0397/2024) ，持有资本市场服务牌照 (CMSL) 。本内容未经马来西亚证券监督委员会的审查。
Moomoo Technologies Inc., Moomoo Financial Inc., Moomoo Financial Singapore Pte. Ltd., Futu Securities (Australia) Ltd, Moomoo Financial Canada Inc.,和Moomoo Securities Malaysia Sdn. Bhd.是关联公司。
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