Tesla's sales of China-made electric vehicles fell 8.4% in July from a year earlier, reversing a small increase in June, amid rising competition from rivals offering lower-priced new models. Deliveries of Tesla's China-made Model 3 and Model Y vehicles,

Tesla's sales of China-made electric vehicles dropped by 8.4% in July, highlighting the growing competition from lower-priced rivals and the ongoing challenges in the EV market.

China's EV market saw mixed results in July. XPeng excelled with 229% Y/Y growth, while Li Auto, NIO, and BYD faced challenges.