Part 8/12:
Tesla's Market Domination in China: Revenue and Market Share
In a striking observation, Tesla's Model Y has become China's best-selling vehicle across all segments, despite its premium price point—costing four times more than some lower-tier rivals. Data from industry sources reveal that the Model Y generated an estimated $4.66 billion in revenue during Q3 alone in China, nearly doubling the revenue of its closest EV competitor.