The U.S. electric-vehicle maker sold 78,856 China-made cars in November, down 4.3% compared with a year earlier.

Tesla aims to deliver a record number of more than 515,000 vehicles in Q4 in order for its sales not to be down for the whole year. That’s ~30,000 more vehicles than Tesla’s last record quarter, which was Q4 2023. China is Tesla’s most important market and the world’s most important EV market.

Tesla Inc. ( TSLA, Financial) announced a 4.3% year-over -year decline in November China-made EV sales to 78,856 units, as reported by CPCA. However, its Model 3 and Model Y vehicle sales increased by 15.5% compared to the previous month.

U.S. automaker Tesla's's sales of China-made electric vehicles fell 4.3% year-on-year to 78,856 in November, data from the China Passenger Car Association (CPCA) showed on Tuesday. Deliveries of China-made Model 3 and Model Y vehicles booked a 15.

Tesla’s Australian electric vehicle sales remain in free fall after November became the eighth-straight month of year-on-year sales decline for Elon Musk’s autogiant amid a growing wave of competition from Chinese rivals.

Deliveries from Tesla Inc.’s Shanghai factory fell for a second month in November, despite an increase in subsidies from the Chinese government aimed at enticing more consumers to buy an electric car.